Volkswagen-owned Bentley invests heavily in modernizing its EV overhaul manufacturing | car news
UK-based Bentley Motors said it was upgrading its manufacturing to speed up its electric vehicle development plan. As a result, the company is investing billions in modernizing manufacturing and joining other car brands that are moving away from gasoline engines.
British company Bentley will invest £2.5 billion ($3.4 billion) in sustainability efforts over the next decade. The company said the money will be used to secure the company’s first step towards electrification at its Crewe manufacturing facility, south of Manchester, which employs 4,000 people.
As part of the electrification program, Bentley will ditch the powerful 12-cylinder petrol engines that the brand’s luxury vehicles are known for in favor of battery power. The first model is scheduled to roll off the assembly line in 2025, and by 2030 the entire Bentley model range will be electric.
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Across the auto industry, major manufacturers have embarked on plans to electrify their vehicle ranges, with looming bans on fossil fuel cars spurring them to make huge investments in the new technology.
Earlier this month, Bentley said it drove to a record year in 2021, as global sales rose 31 percent amid strong demand for high-end vehicles.
Bentley, which is owned by Volkswagen, already makes hybrid versions of its Bentayga SUV and Flying Spur sedan. Our goal is to become the benchmark not just for luxury cars or sustainable credentials, but for the entire scope of our business,” said Chairman Adrian Hallmark in a press release.
With inputs from AP