Bentley Postpones Its First All-Electric Vehicle Launch to 2026
The luxury carmaker cites changing market conditions and development challenges as reasons for the delay.
- Bentley Motors delays its plan to exclusively offer all-electric vehicles by the end of this decade, pushing the launch of its first EV to 2026.
- The decision follows a shift in government attitudes towards electrification, including the UK's delay of a petrol and diesel car ban to 2035.
- Despite strong demand for hybrid models, Bentley remains committed to achieving carbon neutrality and transitioning to all-electric vehicles.
- The company faced software issues and difficulties in developing the vehicle's architecture to Bentley's standards, contributing to the delay.
- Bentley's financial results show a significant performance in 2023, with revenues reaching nearly 3 billion euros and operating profits of 589 million euros.