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Fortune
Fortune
Sasha Rogelberg

Lamborghini CEO says ‘disappointing’ EV charging infrastructure contributed to no demand for the luxury automaker’s all-electric line

Stephan Winkelmann looks forward. He is wearing a suit. (Credit: Roberto Serra—Iguana Press/Getty Images)

When it comes to supercars, Lamborghini CEO Stephan Winkelmann admitted his customers prefer a gas-guzzling auto to a fully electric vehicle, blaming a dearth of reliable charging stations in part for the lack of interest.

The luxury automaker announced in February it had shelved plans for its all-electric Lanzador, a 1,341-horsepower “Ultra GT” first announced in 2023. The car, originally slated for a 2029 release, had an estimated price tag of $300,000—about the average pricepoint for a Lamborghini, regardless of power source. Instead, Lamborghini will pivot to developing plug-in hybrid models.

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