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    Lamborghini’s Electric Vehicle Launch Postponed To 2029 Amidst Market Challenges

    Image Source: ricochet64 / Shutterstock

    According to a report from Reuters, Lamborghini has shifted the timeline for its first electric vehicle to 2029, a delay of one year from the prior schedule, as confirmed by CEO Stephan Winkelmann.

    In discussions with the press at Lamborghini’s headquarters in Sant’Agata Bolognese, Winkelmann remarked that the market is not yet prepared for EVs in the performance luxury sector and indicated that the company is not in a rush to introduce such a model at this time, as per the report.

    The CEO also noted that Lamborghini is awaiting the results of the European Union’s 2026 assessment regarding the ban on gasoline engines in new vehicles slated for 2035. This review could potentially open up avenues for vehicles utilizing carbon-neutral fuels, which Winkelmann described as a potential “opportunity” for Lamborghini.

    Currently, Lamborghini’s portfolio consists of three plug-in hybrid model lines, with the forthcoming EV set to introduce a fourth. The design of the EV was initially previewed with the Lanzador concept, which was unveiled during the 2023 Monterey Car Week, where production was slated to commence in 2028.

    The Lanzador is designed as a high-riding coupe featuring 2+2 seating. Earlier this year, Lamborghini had indicated it would release an electric SUV following the Lanzador in 2029, but it remains unclear if those plans are still proceeding as intended.

    Competitors like Aston Martin and Bentley have also postponed the introduction of their initial EVs, now targeting launches in 2026.

    Additionally, during the Financial Times Future of the Car conference in London, Rimac Group CEO and founder Mate Rimac shared that consumers in the high-end market tend to favor a more emotive, analog driving experience. He pointed to the disappointing sales performance of his Nevera electric hypercar, which remains unsold despite a limited production run of only 150 units since its debut in 2021.

    In contrast, Ferrari is on track to unveil its first EV in 2025. Prototypes of the electric Ferrari have been spotted undergoing testing near the company’s Maranello headquarters.

    Image Source: ricochet64 / Shutterstock

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