Bentley Will Only Make Hybrid or Electric Cars by 2026

The transcript discusses Bentley's strategic transition to electric vehicles, aiming for full electrification by 2026. It highlights the current demand trends, challenges in achieving profitability, and the impact of Brexit on operations. The company is optimistic about growth despite potential Brexit challenges and plans to maintain production in the UK. Future collaborations with brands like Porsche and Audi are also explored.

What is Bentley's main reason for transitioning to electric vehicles?

• To follow industry trends

• To reduce production costs

• To maintain its core elements in an electrified future

• To eliminate engine noise

By what year does Bentley plan to offer only electrified powertrains?

• 2023

• 2026

• 2030

• 2028

What is Bentley's target year to deliver its first full battery electric vehicle?

• 2026

• 2024

• 2023

• 2025

How has the demand for Bentley vehicles changed compared to January before the crisis?

• Decreased by 40%

• Remained the same

• Decreased by 60%

• Increased by 60%

What is one of the major challenges Bentley faces in achieving profitability by the end of the year?

• Supply chain disruptions

• Lack of demand

• Operational challenges due to lockdowns

• High production costs

What is Bentley's strategy to mitigate the impact of a hard Brexit on its supply chain?

• Move production to Asia

• Reduce workforce

• Stockpile components

• Increase local production

How does Bentley plan to handle potential price increases due to Brexit?

• Absorb the costs

• Pass the price increase to customers

• Reduce production

• Seek government subsidies