Bentley delays all-EV plan amid changing market conditions, vehicle development challenges

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CEO Adrian Hallmark said the carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to offer plug-in hybrids past 2030.

Bentley Motors is pushing back its plans to transition to all-electric vehicles by a couple of years amid changes in market conditions and a delay in its first EV.

Bentley is among a growing number of automakers to change, delay or cancel ambitious EV plans as global adoption grows slower than many expected.Bentley Motors is pushing back its plans to exclusively offer all-electric vehicles by the end of this decade due to changing market conditions and a delay in its first EV.

"Whether we deliver all the BEVs by 2031 or not, we still may have some hybrids that we wouldn't have had post-2030," he said during a media briefing. "But not for 10 years, maybe just for a couple of years as we run them out."new all-electric model each year as part of a plan to invest $3.4 billion by 2030.

Hallmark said Bentley will increase its investment in plug-in hybrids by hundreds of millions of dollars in the years to come. He said given the increase in investment, the company needs to "run them a bit longer" to achieve a desired return on investment.for $203,200 and its Flying Spur sedan for $221,200. Both include engines as well as EV components and electric range.A staff member checks a Bentayga SUV on the Bentley production line at its factory in Crewe, England, on Dec.

 

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Bentley delays all-EV plan amid changing market conditions, vehicle development challengesCEO Adrian Hallmark said the carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to offer plug-in hybrids past 2030.
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