VW Will Spend Billions of Its EV Development Budget on Gas Engines
https://www.motor1.com/news/722457/vw-invest-billions-gas-engines/
A full third of its nine-figure EV budget will be used to keep gas engines relevant as the switch to EVs slows.
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And in related news…
Lamborghini Doesn’t Think Electric Supercars will Catch On
https://www.motor1.com/news/720360/lamborghini-uncertain-electric-supercars-popular/
Lamborghini’s first EV won’t arrive until 2028—and it’s not going to be a supercar. Instead, Lanzador will take the shape of a lifted 2+2 grand tourer with four seats. Something like a Huracan or Revuelto EV isn’t on the agenda. Why? There’s just no business case. The company’s CEO believes electric supercars are selling poorly.
Speaking with Automotive News Europe , Lamborghini’s head honcho Stephan Winkelmann argued electric supercars are “not something that is selling so far.” He went on to mention this genre might never catch on: “It’s too early, and we have to see down the road if and when this is going to happen.”…
Supercars are for rich folk but Rimac CEO Mate Rimac recently admitted that high-end buyers don’t want electric supercars… Bugatti is also keeping the internal combustion engine alive with its upcoming Chiron replacement. The Molsheim-based brand isn’t even cutting the cylinder count. The new “French” beast will have a naturally aspirated V-16 engineas part of a hybrid setup…Ferrari is still on track to introduce a performance EV. It’s actually ahead of schedule with development, before launching the car in late 2025.
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