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Home Main Categories Electric

Bentley reports massive profit gain and are giving us plenty of EVs

Words: Zane Shackleton

by Zane Shackleton
March 16, 2022

Bentley witnessed a soar in sales last year with a massive profit gain between 2020 and 2021.

And so, (as a reward?) we can expect to see five fully electric Bentleys before the end of the decade.

They come in rapid succession too. The first EV is launched in 2025, and there will be a new one to follow every year until 2030.

It’s a result of an incredible profit increase last year. In 2020 Bentley reported a meagre €20 million profit. One year later, that figure surged to €389m.

They say it’s a result of how popular models like the Bentayga Hybrid and Flying Spur Hybrid have been this last year.

So, to continue meeting consumer demand and racking in the big bucks, Bentley is committed to satisfying EV buyers.

Hybrids will still play an essential role for the British marque, but EVs will soon take centre stage.

Bentley sold 14,659 vehicles last year, and they expect to only grow while the rest of the automotive industry battles supply issues.

“We’re set for a good 2022 and it’s symptomatic of the stronger period of our new product range and the hybridization strategy,” the company said.

The first fully electric car to bear the Big B will be a high-riding saloon packed with a high-performance battery and over 550 km of range.

In 2019, Bentley revealed their EXP 100 GT concept car (main image). And while it is only a concept, it could hint at what sort of performance figures Bentley are targeting with its EV line-up.

The EXP 100 GT uses four electric motors and an advanced torque-vectoring system to produce 1000kW of power to all four wheels.

It’s unrealistic to imagine such power will be available in the next three years, but it is nice to imagine for a second.

Besides, what else is Bentley going to do with its latest haul of cash?

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