Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
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Bentley Motors, owned by Volkswagen, is delaying its plan to offer only all-electric vehicles, opting to focus on plug-in hybrids until at least 2035 due to weak demand for EVs.
November 07, 2024 | 4:15 pm
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Volkswagen, the owner of Bentley Motors, is delaying its all-electric vehicle strategy for Bentley, focusing on plug-in hybrids until 2035 due to weak EV demand.
The delay in Bentley's all-EV plan reflects a strategic shift by Volkswagen to adapt to current market conditions, which may not significantly impact Volkswagen's stock in the short term but indicates a cautious approach to EV adoption.
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