"We have a lot of customers [who] bought electric cars, and they told us-I spoke to a lot around the globe-that in terms of infrastructure, in terms of charging time, in terms of range...it is very disappointing."
"The European Union has about 910,000 publicly accessible charging stations, despite 3.5 million, or 26%, needed to support the region's decarbonization efforts."
Lamborghini CEO Stephan Winkelmann stated that customers favor gas-powered vehicles over electric ones, citing insufficient charging stations as a key reason. The company has halted plans for its all-electric Lanzador, originally set for a 2029 release, and will focus on plug-in hybrids instead. Lamborghini reported record earnings in 2025, with 10,747 deliveries and $3.7 billion in revenue, although operating income fell due to the shift away from electric vehicles and external economic factors. Infrastructure issues hinder EV adoption, particularly in the U.S.
Read at Fortune
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