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Lamborghini has decided to delay the launch of its first electric vehicle (EV) by a year, now planning for a 2029 release. The luxury sports car manufacturer believes the market isn’t quite ready for fully electric luxury sports cars yet. Initially, Lamborghini aimed to introduce its first EV in 2028.
The CEO of Lamborghini, Stephan Winkelmann, mentioned, “We don’t think 2029 is too late for launching an electric car. We don’t believe the market in our segment will be ready in 2025 or 2026.”
Winkelmann also noted that the company isn’t rushing towards electrification and is waiting for more clarity on regulations in the European Union.
Lamborghini’s first EV will be modeled after the Lanzador concept introduced in 2023. This new model will be a 4-seat grand tourer and might share its platform with other Volkswagen Group vehicles. The electric motors are expected to come from Volkswagen. However, Lamborghini plans to develop unique technologies to distinguish its EVs from competitors.
Meanwhile, Ferrari is preparing to launch its own first EV next year.
