Remember a month ago, when the CEO of Lamborghini said that he had pulled the plug on the company’s EV? We learned that adoption rates were “close to zero” and that the company’s work on the Lanzador risked becoming an “expensive hobby.”
Well, it turns out the electric Lamborghini is not dead yet. In the company’s earnings report earlier today, the company made it clear that it is still working on one. Or that at least it will work on one.
Electric Bulls Are Still On The Table
Lamborghini Lanzador nearsideLamborghini
Lamborghini spent much of last year seemingly on again and off again about the Lanzador EV concept and turning it into production. The car was pushed back once, then again, and then finally this February, CEO Stephan Winkelmann said it was canceled after a year of internal debate.
In the earnings report released earlier today, Lamborghini restated that it was adding a fourth hybrid model, and said that it “reinforces a long-term industrial vision focused on sustainable value creation.” But here’s the interesting line. It does that “without compromising the future development of a fully electric model.”
So, then, Lamborghini is still working on an electric vehicle. Or at least it hasn’t ruled it out the way Winkelmann had implied. His statements in February said there was no demand, but he also said “never say never.”
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Lamborghini, Winkelmann says, will now wait for the time to be right. It will keep working on its PHEVs, including the move to bring the Lanzador to production as a PHEV, but work on full-fat EVs will continue in the background.
Another Good Year In Sant’Agata
Lamborghini Temerario front view on the roadLamborghini
2025 was a good year for Lamborghini despite the challenges of tariffs and the expenses of electric vehicle development. It sold 10,747 vehicles, a new record and the third consecutive year for the brand above 10,000. It brought in 3.2 billion euros ($3.7 billion), and kept 24% of that. It’s a strong profit margin for a company that struggled with money for decades.
94% of Lamborghini customers last year took at least one item from the Ad Personam customization program. That’s Lamborghini’s way of making your vehicle more personal but also extracting more cash.
Lamborghini Fenomeno front three quarter at The Quail, Monterey Car WeekJared Rosenholtz/CarBuzz/Valnet
Deliveries of the Temerario, its new entry-level supercar with a 10,000 rpm V8, started this year, which means that 2026 could have even higher sales than last year. Though skyrocketing gas prices and an uncertain market could put a damper on discretionary purchases like high-end performance cars. Especially in the Middle East.
It also plans to reveal more of what it calls “developments” over the year. These are higher-performance and special versions of existing models, and Lamborghini says they’ll show up at big events like Goodwood and Monterey Car Week.
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The company didn’t give an update on when the Lanzador PHEV would arrive. The tall coupe is expected to hit production sometime shortly before 2030, which is years after the EV should have arrived. The high-riding 2+2 coupe will be something unusual in the market, a model without any obvious competitors.
