Return to Roots

March 6, 2026

TL;DR

Lamborghini has canceled plans for a fully electric model, citing low demand among wealthy customers and opting for plug-in hybrids.
Bentley has softened its 2035 all-electric target, continuing to offer internal combustion and plug-in hybrid models while developing its first EV.
Aston Martin is reducing its EV investment plans and delaying launches due to financial pressures and falling demand.
Stellantis is undergoing a 'reset' on EVs, canceling some projects and extending the life of current models, emphasizing 'freedom of choice' for consumers.
Volvo has abandoned its 2030 all-electric sales goal, deciding to continue offering hybrids due to uneven EV adoption and external factors like charging infrastructure and costs.
Lotus, now owned by Geely, has shifted from a 2028 all-electric target to introducing plug-in hybrids starting in 2026.
Porsche is extending the availability of its internal combustion engine models beyond 2030 due to slower-than-expected demand for high-performance EVs.
Reasons cited for these changes include slower charging infrastructure deployment, reduced incentives, higher costs, and regulatory uncertainties.

Continue reading the original article