UK’s Bentley invests billions in electric car overhaul | Economic news

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LONDON (AP) — Luxury automaker Bentley said Wednesday it is pumping billions into manufacturing upgrades to accelerate its electric vehicle development plan, joining other auto brands that are ditching gasoline engines.

British company Bentley Motors said it would invest 2.5 billion pounds ($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 electrifying the production plant” in Crewe, south Manchester, which employs 4,000 people.

As part of the electrification program, Bentley will abandon the powerful 12-cylinder petrol engines that the brand’s luxury vehicles are known for in favor of battery power. The first model is expected to roll off the production line in 2025 and by 2030, Bentley’s entire model range will be electric.

Volkswagen-owned Bentley already makes a hybrid version of its Bentayga SUV and Flying Spur sedan.

“Our goal is to become the benchmark not just for luxury cars or sustainable benchmarks, but for our entire business,” Chairman Adrian Hallmark said in a press release.

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