Lamborghini CEO axes $300,000 luxury EV, chalking it up to an ‘expensive hobby’ with ‘close to zero’ demand

  • Posted on February 24, 2026
  • By Fortune
  • 5 Views
Lamborghini CEO axes $300,000 luxury EV, chalking it up to an ‘expensive hobby’ with ‘close to zero’ demand

Stephan Winkelmann said little consumer interest is a result of a lack of “emotional connection” to EVs because they don't have the growling and noise of internal combustion engines.
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