Bentley delays ambitious EV rollout after suddenly realizing customers don’t want electric cars.

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  • 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.
  • CEO Adrian Hallmark said the carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to continue offering plug-in hybrids past 2030.
  • Bentley is among a growing number of automakers to change, delay or cancel ambitious EV plans as global adoption grows slower than many expected.
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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.

CEO Adrian Hallmark said the famed British luxury carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to do so a couple of years later. Bentley will continue offering plug-in hybrids alongside BEVs, or battery electric vehicles, past its previous target of 2030, Hallmark said.

“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.”

Bentley is among a growing number of automakers to change, delay or cancel ambitious EV plans as global adoption grows slower than many expected.

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www.cnbc.com/2024/03/19/bentley-delays-all-ev-plan-past-2030-amid-vehicle-development-issues.html

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