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Sasha Rogelberg

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

Lamborghini Stephan Winkelmann Luxury Ferrari Ford

Photo of Stephan Winkelmann (Credit: Jun Sato—WireImage)

Lamborghini is the latest luxury carmaker to admit the appetite for exclusive and expensive electric cars just isn’t there.

CEO Stephan Winkelmann confirmed in an interview with the Sunday Times this week Lamborghini is shelving its all-electric Lanzador and pivoting to plug-in hybrid vehicles. Winkelmann said the appeal within Lamborghini’s target market for battery-powered cars was “close to zero.”

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Top stories on inkl right now

US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

A 19-year-old man from Palatine, Illinois, has been arrested over an alleged mass shooting plot that may have targeted a Hindu temple in Aurora. Police said investigators examined electronic communications and a manifesto containing white supremacist views and hatred towards Indians.

The Economic Times

Big, Bad Dodgers Pushed to the Brink by a Journeyman and a Rookie

Big, Bad Dodgers Pushed to the Brink by a Journeyman and a Rookie

Jake Bauers and Robert Gasser were the unlikely heroes for the Brewers in Game 3, and they have the star-studded Dodgers one loss from elimination.

Sports Illustrated

Ex-Venezuelan President Nicolás Maduro is returning to federal court to face torture allegations

Ex-Venezuelan President Nicolás Maduro is returning to federal court to face torture allegations

Ex-Venezuelan President Nicolás Maduro returns Thursday to a New York courtroom to answer a rewritten drug trafficking indictment

The Independent UK

Thousands protest across Colombia against new right-wing president

Thousands protest across Colombia against new right-wing president

Thousands of Colombians protested peacefully across the country on Wednesday against right-wing President Abelardo de la Espriella, in the opposition’s first major demonstrations since he took office in August. Former leftist president Gustavo Petro led a rally in Bogota joined by trade unionists, Indigenous groups, students and feminist activists.

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Huntsville Measles Case Puts Bailey Cove Subway and Publix Visitors on Symptom Watch Through Late October

Huntsville Measles Case Puts Bailey Cove Subway and Publix Visitors on Symptom Watch Through Late October

A traveler with measles visited a Huntsville Subway and Publix while contagious. See the exposure times, symptoms, and when to call a doctor.

Abu Dhabi Royal Mahrah Al Nahyan Admits Child Neglect After Collapsing on Cocaine Beside Toddler

Abu Dhabi Royal Mahrah Al Nahyan Admits Child Neglect After Collapsing on Cocaine Beside Toddler

Mahrah Al Nahyan received a community order after a three-year-old in her care was found barefoot near moving traffic while she was unconscious in west London.

International Business Times UK

Related Stories

Top stories on inkl right now

US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

A 19-year-old man from Palatine, Illinois, has been arrested over an alleged mass shooting plot that may have targeted a Hindu temple in Aurora. Police said investigators examined electronic communications and a manifesto containing white supremacist views and hatred towards Indians.

The Economic Times

Big, Bad Dodgers Pushed to the Brink by a Journeyman and a Rookie

Big, Bad Dodgers Pushed to the Brink by a Journeyman and a Rookie

Jake Bauers and Robert Gasser were the unlikely heroes for the Brewers in Game 3, and they have the star-studded Dodgers one loss from elimination.

Sports Illustrated

Ex-Venezuelan President Nicolás Maduro is returning to federal court to face torture allegations

Ex-Venezuelan President Nicolás Maduro is returning to federal court to face torture allegations

Ex-Venezuelan President Nicolás Maduro returns Thursday to a New York courtroom to answer a rewritten drug trafficking indictment

The Independent UK

Thousands protest across Colombia against new right-wing president

Thousands protest across Colombia against new right-wing president

Thousands of Colombians protested peacefully across the country on Wednesday against right-wing President Abelardo de la Espriella, in the opposition’s first major demonstrations since he took office in August. Former leftist president Gustavo Petro led a rally in Bogota joined by trade unionists, Indigenous groups, students and feminist activists.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Huntsville Measles Case Puts Bailey Cove Subway and Publix Visitors on Symptom Watch Through Late October

Huntsville Measles Case Puts Bailey Cove Subway and Publix Visitors on Symptom Watch Through Late October

A traveler with measles visited a Huntsville Subway and Publix while contagious. See the exposure times, symptoms, and when to call a doctor.

Abu Dhabi Royal Mahrah Al Nahyan Admits Child Neglect After Collapsing on Cocaine Beside Toddler

Abu Dhabi Royal Mahrah Al Nahyan Admits Child Neglect After Collapsing on Cocaine Beside Toddler

Mahrah Al Nahyan received a community order after a three-year-old in her care was found barefoot near moving traffic while she was unconscious in west London.

International Business Times UK

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Tipsy Worms Got Snagged in a Pillar Maze While Sober Ones Wriggled Through Faster in a Chemistry Experiment

Physicists soaked worms in about a beer's worth of alcohol and found tipsy worms lagged sober ones through a maze, a test of polymer separation.

Medical Cannabis Showed Little to No Sleep Benefit Across Nine Insomnia Trials, but the Evidence Remains Weak

A Cochrane review of nine trials found that medical cannabis did little to improve insomnia, but the evidence is of low certainty. What sleepers should know.

A TikToker found mini pumpkin pies at Trader Joe’s after buying one at Starbucks that morning, and asks ‘Why is it the same pie?’

One TikTok shopper spotted a near twin of her Starbucks pie

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50 Cent Tells Kimmel Diddy Watched His Netflix Doc on iPad in Prison, Jokes 'This Is Not Jail, This Is a Club'

50 Cent joked on Jimmy Kimmel about reports that Diddy watched his Netflix documentary on a modified tablet in prison.

International Business Times UK

‘It’s really weird you said skinwalker,’ a New York TikToker says she told her boyfriend after hearing heavy steps near a Virginia cabin

A viral dance video came moments before a 1 AM escape from the woods

We Got This Covered

Dale Jr. explains why he doesn't use 'Earnhardt' in his signature

Along with being easier when signing for NASCAR fans, it was also 'legally a little touchy' with Teresa Earnhardt for a while

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