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Lamborghini Scraps Lanzador as EV Supercar Demand Fizzles
Market Intelligence Analysis
AI-Powered
Why This Matters
Lamborghini has scrapped its plans to build electric vehicles (EVs) due to low demand, joining other major automakers in scaling back their EV bets as the market for these vehicles implodes.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Big legacy U.S. and European automakers are frantically dialing back their electric vehicle bets, scaling back once-hyped roadmaps to full electrification as demand for these vehicles implodes. The latest automaker to reverse course is not a mass-market sedan or SUV maker, but a luxury supercar brand: Lamborghini. CEO Stephan Winkelmann told the UK's The Sunday Times that he has ended plans to build EVs, saying customers are not seeking quiet supercars and that demand has collapsed. Winkelmann said that EV development risked becoming…
Original article published by
OilPrice.com
on February 25, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.