Stephan Winkelmann, chairman and chief executive officer of Lamborghini SpA, next to a Lamborghini Lanzador electric concept during The Quail, A Motorsports Gathering in Carmel, California, US, on Friday, Aug. 18, 2023. The event provides an exclusive experience for motorsports enthusiasts and collectors from around the world to enjoy rare collections of fine automobiles and motorcycles.
Lamborghini abandons EV plans and instead will shift fully to plug-in hybrid vehicles by 2030 as customer demand for full electric supercars remains extremely weak. This major pivot from high-end…