Ferrari’s controversial Luce debut got plenty of attention, though perhaps not the kind Maranello was hoping for. Rather than have cross-town rival Lamborghini feeling like it’s behind the times, it appears as though the brand’s CEO is even more content now that the Lanzador didn’t remain on schedule for an earlier debut. He’s openly doubling down on the idea that Lamborghini was right to delay the brand’s first EV.

In a round table with journalists, asked about the reaction to the Luce, Lamborghini CEO Stephan Winkelmann said his company made the “right decision” in postponing its first fully electric car, arguing that customer demand for electric supercars simply hasn’t materialized the way much of the industry assumed it would.

Read: EV Plans Wait As Lamborghini Expands V8 And V12 Lineup

According to Handelsblatt, Winkelmann said Lamborghini has spent years monitoring demand in the luxury segment. To no one’s surprise who’s been paying attention, the company found that acceptance of electric vehicles hasn’t climbed at anything close to the pace many had forecast.

The automaker had planned to launch the all-electric Lanzador before the end of the decade. Initially, production was simply delayed. Now, it won’t happen until at least 2030, if not later, because acceptance for EVs within the brand’s target demographic was “close to zero.” For now, Lamborghini has scrapped it and is looking at a new hybrid model to join the lineup in the near future.

Importantly, European regulations currently call for a ban on the sale of new combustion-powered vehicles beginning in 2035, although exemptions for e-fuels and certain low-volume manufacturers remain under discussion. While many exotic-car makers spent the last several years announcing ambitious EV programs, Lamborghini now appears content to let others test the waters first.

That’s probably a wise move considering its positioning. While nowhere near as successful as Ferrari, Lamborghini has its position underneath Volkswagen Group going for it. It’s currently one of the most profitable divisions. In 2025, it generated €3.2 billion ($3.7 billion) in revenue. Even though operating profit slipped from €835 million ($970 million) to €768 million ($892 million), the company still posted a remarkable 24 percent operating margin.

Gas prices have a way of fading into the background when they’re stable. Then they spike, and suddenly every fill-up feels like a minor financial crisis. Drivers of thirsty trucks and body-on-frame SUVs know the feeling all too well. A new study suggests 2026 has turned into one of those years where fuel costs go from annoyance to budget item almost overnight.

According to a new study from iSeeCars, gasoline prices climbed nearly 46 percent between January and April, moving from $2.81 to $4.10 per gallon. The picture has only worsened since. At the time of publishing on May 24, the national average sits at $4.52 for regular, $5.01 for mid-grade, $5.39 for premium, and $5.62 for diesel.

Even working from the smaller January-to-April window the study covers, the math is ugly: an average annual fuel-cost increase of $706 for traditional gas-powered vehicles. EV drivers, meanwhile, barely felt it, with annual charging costs up just $11.

Fuel Cost Increase By Drivetrain: Jan vs. Apr 2026

iSeeCars

The data comes from an analysis of more than 2.1 million three-year-old used vehicles sold in 2025. Researchers looked at average annual mileage and paired it with fuel costs in January and April to estimate how much ownership costs changed in just four months.

Read: As Gas Prices Soar, Here’s How To Cut Your Fuel Bill Now

The hit landed unevenly across powertrains. Internal-combustion vehicles were hit the hardest, jumping from $1,533 to $2,240 in annual fuel costs. Hybrids took a smaller hit, rising $486. Plug-in hybrids landed in the middle with a $291 increase. EVs barely moved at all, increasing from $714 to $725 annually, and that’s even more impressive when you consider that the study didn’t just sample drivers who can charge at home.

Fuel Cost Increase for Major Gas Vehicle Segments: Jan vs. Apr 2026

iSeeCars

Here’s the kicker. Efficiency alone wasn’t the whole story. Mileage played a huge role, too. Minivans, surprisingly, took the biggest hit of any segment. Annual fuel costs rose by $1,139, climbing to $3,610. Of course, a big piece of that is how much most minivans (save for the VW ID.Buzz) are built for lots of miles. Trucks with their comical fuel economy and brick-like drag coefficient weren’t far behind with a $992 jump.

SUV owners were almost karmically hit the hardest, with the Toyota Sequoia topping the charts at an average $1,623 increase. The Chevrolet Suburban came in second with $1,542, and the top three rounded out with the Nissan Armada at $1,513. Zoom out, and this may explain why hybrids continue gaining traction. They avoid the range anxiety and charging headaches some buyers still worry about, while taking a lot of the sting out of gas-price roulette.

Top 10 Vehicles With the Biggest Fuel Cost Increases

iSeeCars

Europe’s EV market is having a moment, and it’s in large part thanks to a man who’s no fan of clean energy. President Trump’s attack on Iran sent petrol and diesel prices soaring – and European drivers into the arms of electric cars.

New figures show battery-electric registrations surged 51 percent in March 2026 across 15 key EU + EFTA (European Free Trade Association) markets as drivers in the region battled with fuel costs that jumped by around a fifth.

Related: Ford’s EV Sales Collapsed 70% While Toyota’s Nearly Doubled

More than 224,000 electric passenger cars were registered in March alone as a result, accounting for 22 percent of all new-car sales. That means close to one in every four cars sold was an EV. Over the first quarter, more than half a million EVs were sold across the EU, up 33.5 percent year over year. 

Growth was broad, too. Germany rose 42 percent year to date, helped by new state incentives and France stayed strong with a 28 percent EV share in March. Italy, long considered a reluctant adopter, jumped 65 percent. Even Poland cracked the 40 percent growth club.

Scandis Embraced EVs

Then there’s the Nordics, where normal rules don’t apply. Denmark saw fully electric cars account for 76.6 percent of March registrations. Finland was near 50 percent. Norway, naturally, continued behaving like it’s already living in 2035, with 98.4 percent of new registrations fully electric.

Now let’s cross the Atlantic, where the mood is rather different, despite pump prices also rising there. Though CarEdge reported internet searches for EVs jumped 20 percent in the first week following the original attack on Iran in early March, US EV sales in the first quarter fell 27 percent compared with the same period last year.

Tax Credit Hole

Only 216,399 EVs were sold in America between January and the end of March, that slide heavily influenced by the removal of the federal $7,500 tax credit last September, which appears to have yanked plenty of buyers back toward gasoline pumps.

Some brands still found success. Toyota rose 79 percent, Lexus jumped 207 percent, and Rivian edged upward by 21 percent. But others were hammered, with several mainstream and premium names like Audi, BMW, Mercedes, Porsche, Ford, VW, Jeep and Genesis posting dramatic declines as high as 93 percent.

Porsche, Hyundai