Lamborghini pulls the plug on its electric supercar – but these 3 alternatives could still keep the idea alive

Italian company says EVs risk becoming an “expensive hobby”

24 Feb 2026, 02:00 · TechRadar

News By Leon Poultney published 24 February 2026

(Image credit: Lamborghini)

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Lamborghini says it isn't pursuing a pure electric sports car
The Lanzador concept is parked for now
Porsche is also considering a U-turn on electric sports cars

Stephan Winkelmann, the chief executive of legendary Italian supercar manufacturer Lamborghini, has told reporters that the company is set to abandon its plans for an all-electric supercar due to weak demand from its customer base.

Revealed in 2023, the Lanzador concept was scheduled to spawn an all-electric production model that was set to go on sale in 2028. The exotic 2+2 ‘ultra-GT’ was supposed to feature two e-motors, one on each axle, which combined to produce "over a megawatt of power", which is around 1,350bhp.

However, Winkelmann told the Sunday Times that the “acceptance curve” for battery-powered cars among its customer base was getting “close to zero”, hence the company’s plans to scrap the idea of a pure EV. He added that he sees supercar EVs as an "expensive hobby", with little promise of a return on investment.

Instead, the Lanzador is set to be replaced by a hybrid. That's because hybrid powertrains have proven a success story for the brand in recent years, with the Revuelto, Temerario and a plug-in version of the Urus all selling well, despite their massive price tags.

The decision to can an all-electric supercar will undoubtedly be a blow to high performance EVs in general, as the news comes hot on the heels of speculation that Porsche’s recently-appointed CEO, Michael Leiters, is considering scrapping the pure-electric 718 line of Boxster and Cayman sports cars.

The pair of cars have been in the making for years, with many fans of electrification believing they could be among the first battery-powered sports cars to offer the coveted mix of performance, handling, balance and lightweight that only Porsche can deliver.

Despite the rumors surrounding Porsche, Audi’s CEO, Gernot Döllner, told employees in an internal letter (via Autocar) that it would plough on with its Concept C electric sports car, adding that that the partnership is “proceeding in good collaboration between Team Porsche and Team Audi.”

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