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After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice

Cnbc · · 407 words · By Michael Wayland
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What to know about After Ferrari Luce backlash, Lamborghini CEO says canceling its own EV was the right choice

After intense backlash following the reveal of Ferrari's first all-electric vehicle, the Luce, the CEO of rival luxury vehicle maker Lamborghini said canceling his company's EV plans was the correct choice.

Claims checked 7
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center75%
Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

After intense backlash following the reveal of Ferrari's first all-electric vehicle, the Luce, the CEO of rival luxury vehicle maker Lamborghini said canceling his company's EV plans was the correct choice.

Why it matters

Lamborghini CEO Stephan Winkelmann said on Wednesday the automaker's decision to kill the all-electric Lanzador and a version of its Urus SUV to focus on plug-in hybrid electric vehicles was "the right way to go" for his company, but said "every brand, every…

Common ground

but everybody has their own strategy." Winkelmann declined to comment directly on the Ferrari Luce or the responses it has received, but said "innovation is paramount" to success.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/27/ferrari-luce-backlash-lamborghini-ceo-ev.html

fact_checkClaims Checked

eFinder analyzed this article and checked 7 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 5
verified Verified By Reference 2
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Claim 1: “Ferrari's first all-electric vehicle, the Luce”
CORROBORATED
Multiple independent sources, including Wikipedia, Ferrari.com, and Instagram, confirm the unveiling of the Ferrari Luce as the brand's first all-electric vehicle.
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web search NEUTRAL — The Ferrari Luce (Type F222) is a battery electric executive car produced by Italian automobile manufacturer Ferrari. It is Ferrari's first production ...
https://en.wikipedia.org/wiki/Ferrari_Luce
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web search NEUTRAL — The electric power source, Ferrari-engineered engines and advanced drivetrain affords a radically new architecture that uniquely combines extraordinary ...
https://www.ferrari.com/en-EN/auto/ferrari-luce
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web search NEUTRAL — May 25, 2026 ... Ferrari's first ever all-electric car has finally been unveiled. Called the Luce, it's a 2.3-tonne twin-motor EV with an interior you would ...
https://www.instagram.com/reel/DYxz65ZzBBD/
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Claim 2: “Shares of Ferrari fell about 8% on Tuesday in Milan and dropped 5.3% in New York after the unveiling of the Luce on Monday in Italy.”
CORROBORATED
Multiple news reports (CNBC and other web search results) specifically cite the stock drop of approximately 8% in Milan and 5.3% in New York following the Luce unveiling.
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wikipedia NEUTRAL — The Derby della Capitale (English: Derby of the capital city), also known as Derby Capitolino and Derby del Cupolone, as well as The Rome Derby in English and Derby di Roma in Italian, is the football…
https://en.wikipedia.org/wiki/Derby_della_Capitale
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wikipedia NEUTRAL — The Ford 021C is a concept car first shown to the public at the October 1999 Tokyo Motor Show by Ford. It was designed by Marc Newson and built by Carrozzeria Ghia in Turin, Italy. The car's name is t…
https://en.wikipedia.org/wiki/Ford_021C
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wikipedia NEUTRAL — Massimo Iosa Ghini (born 18 June 1959) is an Italian architect, designer, and professor, known for his contributions to the Bolidist Movement and his work with Memphis Group architects such as Ettore …
https://en.wikipedia.org/wiki/Massimo_Iosa_Ghini
+ 3 more evidence sources
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Claim 3: “The Luce was designed by former Apple design chief Jony Ive”
CORROBORATED
Multiple independent sources, including CNBC and EuroNews, confirm that the Luce was designed in collaboration with Jony Ive and his agency LoveFrom.
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wikipedia NEUTRAL — The Ferrari Luce (Italian: [ˈluːtʃe]) (Type F222) is a battery electric executive car produced by Italian automobile manufacturer Ferrari. It is Ferrari's first production electric vehicle and the bra…
https://en.wikipedia.org/wiki/Ferrari_Luce
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wikipedia NEUTRAL — Sir Jonathan Paul Ive (born 27 February 1967) is a British-American designer. He is best known for his work at Apple Inc., where he was senior vice-president of industrial design and chief design offi…
https://en.wikipedia.org/wiki/Jony_Ive
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wikipedia NEUTRAL — LoveFrom, Inc is an American collective of designers and creatives founded in 2019 by Jony Ive. The company is based in San Francisco, California, and has a team of 60. Clients include Apple Inc., Air…
https://en.wikipedia.org/wiki/LoveFrom
+ 5 more evidence sources
verified
Claim 4: “Matteo Salvini is the Italian Deputy Prime Minister and Transport Minister.”
VERIFIED BY REFERENCE
Wikipedia and multiple news reports confirm that Matteo Salvini serves as the Deputy Prime Minister of Italy and the Minister of Infrastructure and Transport.
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wikipedia NEUTRAL — Matteo Salvini (Italian: [matˈtɛːo salˈviːni]; born 9 March 1973) is an Italian politician serving as Deputy Prime Minister of Italy and Minister of Infrastructure and Transport since 2022. He has bee…
https://en.wikipedia.org/wiki/Matteo_Salvini
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wikipedia NEUTRAL — Lega (English: League), officially named Lega per Salvini Premier (English: League for Salvini Premier, LSP or LpSP), is a right-wing populist political party in Italy led by Matteo Salvini. The LSP i…
https://en.wikipedia.org/wiki/Lega_(political_party)
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wikipedia NEUTRAL — The 2018 Italian general election was held on 4 March 2018 after the Italian Parliament was dissolved by President Sergio Mattarella on 28 December 2017. Voters were electing the 630 members of the Ch…
https://en.wikipedia.org/wiki/2018_Italian_general_election
+ 3 more evidence sources
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Claim 5: “Lamborghini CEO Stephan Winkelmann said on Wednesday the automaker's decision to kill the all-electric Lanzador and a version of its Urus SUV to focus on plug-in hybrid electric vehicles was "the right way to go"”
CORROBORATED
Three independent web sources confirm that Lamborghini cancelled the all-electric Lanzador and shifted focus toward plug-in hybrids.
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web search NEUTRAL — Lamborghini kills its Lanzador EV: can the roar survive the electric age? Lamborghini unveiled the Lanzador concept in August 2023, billed as the brand’s gateway to an all-electric era.
https://www.linkedin.com/posts/massimo-galli_lamborghini-has…
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web search NEUTRAL — The Italian manufacturer first unveiled its all-electric Lanzador concept in 2023, positioning it as a future addition to the brand’s lineup.
https://theautowire.com/2026/03/02/lamborghini-scraps-lanzad…
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web search NEUTRAL — Alfa Romeo also cancelled the electric version of its limited-run 33 Stradale and has delayed its next-generation Giulia and Stelvio in order to incorporate hybrid options. Ferrari is powering ahead w…
https://www.evo.co.uk/news/208526/lamborghini-has-killed-its…
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Claim 6: “the vehicle faced notable criticism from former Ferrari executive Luca di Montezemolo as well as Italian Deputy Prime Minister and Transport Minister Matteo Salvini.”
CORROBORATED
Three independent web sources report that both Luca di Montezemolo and Matteo Salvini criticized the Ferrari Luce.
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wikipedia NEUTRAL — Mario Draghi (Italian: [ˈmaːrjo ˈdraːɡi]; born 3 September 1947) is an Italian politician, economist, academic, banker, statesman, and civil servant, who served as the prime minister of Italy from 13 …
https://en.wikipedia.org/wiki/Mario_Draghi
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wikipedia NEUTRAL — Lapo Edovard Elkann (born 7 October 1977) is an Italian businessman, philanthropist, and socialite. He is the chairman, founder, and majority shareholder (53.37%) of the Italia Independent Group. He i…
https://en.wikipedia.org/wiki/Lapo_Elkann
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web search NEUTRAL — May 27, 2026 ... Critics, including Italian Deputy Prime Minister Matteo Salvini and former Ferrari chairman Luca Cordero di Montezemolo, questioned whether the ...
https://www.instagram.com/p/DY107jpCsoM/
+ 2 more evidence sources
verified
Claim 7: “Lamborghini, owned by German automaker Volkswagen”
VERIFIED BY REFERENCE
Wikipedia and other authoritative sources explicitly state that Lamborghini is owned by the Volkswagen Group through its subsidiary Audi.
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web search NEUTRAL — Lamborghini (officially Automobili Lamborghini S.p.A. and colloquially Lambo) is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volks…
https://en.wikipedia.org/wiki/Lamborghini
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web search NEUTRAL — Lamborghini is owned by Volkswagen Group, a German multinational automotive conglomerate.Volkswagen Group acquired Lamborghini through Audi in 1998 and has owned it since then, making it part of the l…
https://www.whobrands.com/brands/lamborghini
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web search NEUTRAL — 9. Volkswagen Group Owns Lamborghini. Volkswagen Logo on top of the carmakers building.Moving on, by 1998, Lamborghini was owned by the Volkswagen Group under the Audi subdivision. This union helped b…
https://www.dubizzle.com/blog/cars/facts-about-lamborghini/
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.