A rather inspiring news came from Stephan Winkelmann, Lamborghini's CEO, as he clearly noticed the brand is currently focused on plug-in hybrid powertrains for its supercars while it is still taking a wait-and-see approach to potential production of purely electric machines, as Lamborghini keeps abreast of the demand and doesn't think completely electric supercars will catch on. Instead, Winkelmann prefers designing combustion engines to run on e-fuels as well.

A well-known and originally Italian manufacturer of luxury sports cars and SUVs (sport utility vehicles) is now owned by the Volkswagen Group through its subsidiary Audi. The share price of Volkswagen AG (VOW3) added nearly 3.5% on Xetra DAX to bounce from its below €120 technical support level to €123.50, which could be associated with the direction of its constituent brands' policy, including Lamborghini management's openness in its sympathy to hybrids. The company that specializing in off-roaders, speedy and powerful cars admits the segment's customers want "emotions" which "only a large-displacement ICE" (internal combustion engine) can deliver. Winkelmann said using EVs may not be as thrilling in such types of cars at least as a high-revving gas engine mounted behind the seats. Again, when one is riding an off-road car, the driver may face lack of electric car charge stations nearby somewhere in a mountainous area. Such places could also be busy with other EV owners or it may take too much time to refuel electric cars.

High-end purchasers don't want electric supercars. That's why Nevera electric supercar, which is designed, engineered and handcrafted in Croatia, is still for sale, despite it looks simply perfect in terms of technical implementation. The hype around Nevera was so loud, but the limited production run of only 150 cars, and the price of the 2022 Rimac Nevera car just started above $2,000,000.

Lamborghini’s first EV would not arrive until 2028, and it's not going to be a supercar, they say. The pioneer EV model may take the shape of a lifted 2+2 grand tourer with four seats. The Huracan model successor will have gas power as well, while something like Lamborghini's Revuelto is demanded in hybrid engine configuration. So, this is exactly what is on the agenda. Why? There's just no business case. This is the most realistic approach to business. Lamborghini engineers may also take advantage from the progress of another Volkswagen Group's brand Porsche in the field of using nearly carbon-neutral synthetic fuels. So, it's only wise that Volkswagen brands are still keeping the internal combustion engine alive, being ready to bet on reality rather than science fiction.

From the point of view of technical analysis, each subsequent wave of price correction on Volkswagen was weaker than the previous one and failed to touch previous lows, since the beginning of 2024. This fact also makes an inertial re-test of the nearest €128 three-month resistance a very likely scenario, with better chances to break through this barrier to a €140+ area, which was last seen in February-March of 2023.