Finally, Bentley says it has found the winning formula to giving an all-electric vehicle the Bentley stamp of approval. It’ll scream luxury and likely cost a bloody fortune. The British ultra-luxury brand, owned by Volkswagen AG, is once again pushing back its target to exclusively offer BEVs by five years to 2035, but says it is launching a “luxury urban SUV” – its first all-electric vehicle – in 2026.

Back in 2018, started making the transition with its Bentayga Hybrid, and now the brand offers plug-in hybrid versions of the Continental GT and Flying spur. Bentley, a brand synonymous with lavish and powerful cars with 12- and 8-cylinder engines that can cost in the millions for special editions, also said it plans to offer a new EV or plug-in hybrid electric vehicle each year until 2035 – the company had originally targeted the end of this decade for going all electric, but it has pushed that back by five years. “To be honest, there is not a lot of demand [for BEVs] from today’s Bentley customers,” CEO Frank-Steffen Walliser said during a press conference yesterday, as reported by .

But he is not ruling out legislative changes and a new generation of consumers who want a sleek, expensive EV. “But we see there are new customers out that definitely want to have a very modern car.” “Legislation, for sure, is driving electrification .

.. but also competition,” Walliser said.

He did add the caveat that the 2035 target could shift even more, as some globa.