Mark Fagelson has confirmed that Bentley is moving forward with its plans to transition into a fully electric car manufacturer. The CEO, Frank-Steffen Walliser, acknowledged that some customers may be hesitant to switch from traditional petrol or diesel cars to electric vehicles.

Despite potential resistance from customers who prefer combustion engines, Bentley has initiated work on its first electric vehicle production line in Crewe. The company's Pyms Lane plant, operating for 85 years, will start manufacturing its first electric model, a battery-powered SUV, in the coming year and aims to launch it in 2027.

Walliser, who took over as CEO in July, outlined a strategy to introduce a new electric or hybrid model each year for the next decade before transitioning to an all-electric vehicle lineup by 2035. He emphasized the importance of staying ahead of future sales trends rather than solely focusing on customers reluctant to embrace electric vehicles.

Despite initially aiming for a full electric lineup by 2030, Bentley adjusted its plans last year, extending the timeline by five years due to evolving public attitudes towards electric vehicles. Walliser remains optimistic about the company's future success, aiming to develop appealing electric vehicles that will attract a broad customer base, including those intrigued by innovative technology.

Bentley has ceased production of petrol-only cars and shifted to hybrid engines, aligning with its shift towards electric vehicles. Walliser addressed the impact of market dynamics on Bentley's earnings, including fluctuations in the Chinese market and uncertainties related to global trade disputes.