Lamborghini CEO Supports Cancellation of EV Plan Amid Ferrari's Backlash

Lamborghini CEO Stephan Winkelmann stated that canceling the company’s electric vehicle plan was 'the right way to go,' following backlash against Ferrari's new EV design. The comments highlight a shift in strategy among luxury automakers regarding electrification.

By Jessica Kuruthukulangara, SA News Editor · Seeking Alpha ·

Lamborghini CEO Supports Cancellation of EV Plan Amid Ferrari's Backlash

Tickers: $RACE

Topics: Automotive Electric Vehicles (EVs) Internal Combustion Engine

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