In a major strategic U-turn, Lamborghini CEO Stephan Winkelmann confirmed in a February 2026 interview with The Sunday Times that the brand has officially scrapped its plans for an all-electric lineup this decade. The Lanzador, which was slated to be a 1,300+ horsepower “Ultra GT” EV by 2028/2029, and the next-generation Urus EV have both been cancelled.
Stephan Winkelmann, CEO of Lamborghini, said customer interest in electric supercars without traditional V-8 or V-12 engines is “close to zero.” He described full EV development as an “expensive hobby,” arguing that it requires massive investment with little likelihood of returns. Winkelmann warned that pushing heavily into EVs before the market and customers are ready would be financially irresponsible to shareholders, customers, employees, and their families.
The CEO emphasized that plug-in hybrids are currently the most practical path forward for automakers, calling them the “best of both worlds.” He said they blend the instant boost and agility of electric motors with the emotion and power of traditional internal combustion engines.
Lamborghini never seemed fully committed to the Lanzador EV concept, with executives signaling they intend to use internal combustion engines as long as possible—unsurprising for a brand famed for its V-12 heritage. However, shifting regulations, especially in Europe, and rapidly changing EV demand could force another strategic pivot. The company may eventually revive and update the Lanzador project.
