People stand at a Bentley Bentayga SUV car during the annual shareholders meeting of the Volkswagen AG in Hannover, Germany, Wednesday, May 10, 2017. Luxury automaker Bentley says it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines. U.K.-based Bentley Motors said Wednesday, Jan. 26, 2022 that it’s investing 2.5 billion pounds ($3.4 billion) into sustainability efforts over the next decade. Credit: AP Photo/Michael Sohn, File

Luxury automaker Bentley said Wednesday it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines.

U.K.-based Bentley Motors said that it’s investing 2.5 billion pounds ($3.4 billion) into sustainability efforts over the next decade. The company said the money will be used to secure the company’s “first step into electrification at the production plant” in Crewe, south of Manchester, which employs 4,000 people.

Under the electrification program, Bentley will abandon the powerful 12-cylinder gasoline engines that the marque’s luxurious vehicles are known for in favor of battery power. The first model is scheduled to roll off the in 2025 and by 2030 all of Bentley’s model lineup will be electric.

Bentley, which is owned by Volkswagen, already makes hybrid version of its Bentayga SUV and Flying Spur sedan.

“Our aim is to become the benchmark not just for or sustainable credentials but the entire scope of our operations,” Chairman Adrian Hallmark said in a .

UK's Bentley pouring billions into electric car overhaul

The logo of the Bentley car manufacturer is seen during the annual shareholders meeting of the Volkswagen stock company in Hannover, Germany, Wednesday, May 10, 2017. Luxury automaker Bentley says it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines. U.K.-based Bentley Motors said Wednesday, Jan. 26, 2022 that it’s investing 2.5 billion pounds ($3.4 billion) into sustainability efforts over the next decade. Credit: AP Photo/Michael Sohn, File


Luxury carmaker Bentley to axe 1,000 UK jobs


© 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Citation:
UK’s Bentley pouring billions into electric car overhaul (2022, January 26)
retrieved 27 January 2022
from https://techxplore.com/news/2022-01-uk-bentley-billions-electric-car.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here