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Lamborghini scraps first EV launch, calls development 'expensive hobby'

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4 hours ago

Lamborghini will cancel its plan to release an electric vehicle in 2028 due to what the company is calling a lack of consumer demand.Lamborghini CEO Stephan Winkelmann spoke with The Sunday Times in an interview that the EV will no longer join its lineup after the company's analysis found little demand for the EV, which was named the Lanzador in 2023. The company is owned by Volkswagen through its subsidiary, Audi.Winkelmann told The Sunday Times that the "acceptance curve" for EVs in Lamborghini's target market was "close to zero" and flattening amid a lack of interest from the luxury automak...

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4 hours ago
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