Cars
frominsideevs.com
3 days agoBentley Abandons Its Ambitious EV Plans
Bentley abandoned four of five planned electric vehicles, retaining only an electric SUV launching in 2027, and pivoting toward hybridization to prioritize profitability.
Annual results show that pre-tax losses surged to £363.9 million in 2025, up from £289.1 million the previous year, underscoring the significant financial difficulties the company and its stakeholders face. The decline in sales is driven by declining global demand, US import tariffs, and lower-than-expected sales volumes, reflecting broader market pressures that are impacting the company's performance.
While most details about Ferrari's Elettrica EV, including its appearance and price, remain a mystery ahead of a planned launch in the spring of 2026, the company said it will go from 0 to 62 miles per hour in 2.5 seconds; have a battery with a capacity of 122 kWh to ensure recharging in as little as eight minutes; and boast a range of 323 miles on one charge. In other words, the company is promising the kind of excellence aficionados expect from Ferrari, beloved since 1947 when it started making cars renowned for their beauty, slick engineering and mind-boggling speed, both on streets and racetracks.