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Bentley delays all-EV plan amid changing market conditions, vehicle development challenges
CNBC ^ | March 19, 2024 | byMichael Wayland

Posted on 03/19/2024 6:17:04 AM PDT by Oldeconomybuyer

KEY POINTS

* Bentley Motors is pushing back its plans to transition to all-electric vehicles by a couple of years amid changes in market conditions and a delay in its first EV.

* CEO Adrian Hallmark said the carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to continue offering plug-in hybrids past 2030.

* Bentley is among a growing number of automakers to change, delay or cancel ambitious EV plans as global adoption grows slower than many expected.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: wankers
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To: Oldeconomybuyer

EV plans as global adoption grows slower than many expected.

Yes the slow ones are the last to get it why things fail.


21 posted on 03/19/2024 7:07:15 AM PDT by Vaduz
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To: Tell It Right

Indeed, mpg gains have been astonishing. Much of that has to do with engine efficiency, and alot also to do with aerodynamics. Cool to see actual science/engieering make life demonstrably better. My old MGB used to get a predictable 21-22 mpg. Now my Dodge pickup with a 400 hp V8 does better than that. Amazing. Same with my new ride, the Vette. Like the truck, it’ll shift to a 4 cylinder mode when load conditions permit. In it, the computer claims I’m getting 30 (!!!) mpg out on the highway, and around 17 in town. And that’s with me romping on it with impunity. Very cool.


22 posted on 03/19/2024 7:15:10 AM PDT by drwoof
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To: AAABEST

The M1 Abrams will be electric.

https://www.nationaldefensemagazine.org/articles/2022/2/4/military-wants-its—vehicles-to-go-electricwith-detroits-help


23 posted on 03/19/2024 7:27:16 AM PDT by packagingguy
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To: Oldeconomybuyer

Why any company would have ever, ever, ever entertained “all electric” as a corporate roadmap should have its leadership TOSSED OUT IMMEDIATELY... PERIOD.


24 posted on 03/19/2024 7:29:33 AM PDT by HamiltonJay ( )
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To: drwoof

Actually, these gains are mainly due to more gears in the transmissions.

Yes, Variable Cylinder Management helps on the highway for sure, but the majority of fuel economy gains have been due to the fact transmissions have been given more gears.

Not all that long ago a typical car might have 4 gears, today most have 6 or 8, with more 8 quickly becoming the norm.

Hell, the first truck I ever was in, was a 70s ford as a kid, that had 3 on the tree. Only 3 gears. My 1969 250 I bough as a toy, had 4 on the floor counting the creeper gear... (So effectively a 3 speed as well, though that creaper gear was a lot of fun truck was jacked up, had 33” mudders on it and loved to take it offroading, but I digress)...

CVT’s also aid in this, (Fuel economy) though personally I would never buy a car with a CVT transmission, ever. They just don’t last... Honda as an entire brand has taken it on the chin across their lineup in terms of reliability in the last few years and its all because they went CVT transmissions across most of their lineup.

Yes there have been some engine improvements too, but the majority of fuel economy improvements in the last decade or two have been mainly due to increasing gears in transmissions over engine improvements.


25 posted on 03/19/2024 7:38:02 AM PDT by HamiltonJay ( )
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To: AAABEST

Bently is owned by VW. VW really, really wanted to be the World leader in electric cars. Now VW is going to get into the chip business so they don’t have to rely on the supply chain for chips. VW’s margins are well below most car manufacturers.


26 posted on 03/19/2024 7:42:11 AM PDT by Oystir
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To: Oystir

Thank you, yeah, that’s another thing that kills me.

A Bentley - or the Bentley GT everyone wants - is just a big, HEAVY, handcrafted coach with BMW lux accesssories/tech and a massive Volkswagon W12 pushing it all - 3.5 sec 0-60 and 208 MPH top speed. Incredible for a car that big.

Yet VW wants to kill the W12.

Literal imbeciles.


27 posted on 03/19/2024 7:52:47 AM PDT by AAABEST (That time Washington DC became a corrupted, existential threat to us all...)
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To: Oldeconomybuyer

Of course the fact that EV sales world wide are stalling might, possibly, have been a factor in stopping production. The old law of supply and demand.

wy69


28 posted on 03/19/2024 8:02:13 AM PDT by whitney69 (yption tunnels)
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To: AAABEST

That’s better than what I heard. Last I heard the semis could only haul balloons filled with helium.


29 posted on 03/19/2024 8:27:02 AM PDT by LouAvul (If America will repent of its wickedness and return to Christ, He will forgive and restore. )
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To: Oldeconomybuyer
It’s like summer vacation and they’re all in line to jump off the ledge into the river pool below.

The first few landed in the deep water and made it look like fun, like anyone could do it, too. You know, “Here, hold my beer and watch this!”

Unfortunately, the last few have landed headfirst on the rocks hidden just below the surface or in the shallow water and they all broke their necks.

Suddenly, it doesn’t look like fun anymore. It just looks dumb and dangerous and back down the hill they come.

30 posted on 03/19/2024 8:43:19 AM PDT by GBA (Endeavor to persevere. Onward through the fog …)
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To: drwoof

LOL!


31 posted on 03/19/2024 9:04:46 AM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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C.E.O. of Hertz just got fired...he turned their fleet over to EV, and people didnt even want to rent an electric car. Bunch of dumbasses...AHAHAHAHAHAHAHAHAHAH


32 posted on 03/19/2024 9:22:20 AM PDT by basalt (qb's)
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