T: 01242 620894 E: info@mypoweruk.com

Bentley and Jaguar Land Rover are seeing a decline in profits

Bentley has reported a slow down in demand and drastically reduced profits. It seems that the world really doesn’t have an endless appetite for thirsty, heavy petrol and diesel powered SUVs.

Jaguar Land Rover are suffering similar declines and have responded by announcing plans to make the Jaguar brand all electric; given Bentley’s parent #vw‘s commitment to electrify their range, we think that the Bentley brand would be a good place to start. They have the concept - the Speed6E - and this would be the first electric two seat sports car since Tesla stopped producing the old Roadster and would steal a march on Tesla before the launch of the new version of that model.

There is clearly a market for luxury EV sedans and SUVs and it appears that buyers are choosing Tesla Model S and X over more traditional luxury marques.

You can read The Times story here

News Headlines

Russian gas exports to the EU are set to rise by a staggering 25% by 2020

Audi has announced another new EV

Coal is King no more

Possible rethink on the plan to withdraw export tariffs from solar generators

More problems with UK nuclear energy have come to light

VW is preparing for an EV future

Spain's 'sunshine tax' is set to be abolished

Italian cities are set to become much more peaceful

Diesel car sales are falling fast, the same can't be said for EVs and hybrids...

EasyJet is trialling a new 9 seat electric airplane

DS Automobiles is the latest to announce a new EV model for 2019

Bentley and Jaguar Land Rover are seeing a decline in profits

How businesses can stop catastrophic climate change and benefit themselves

Stats from the International Energy Agency need to be taken with a pinch of salt

Jaguar Land Rover could be all electric in five to seven years

Scottish Power to only generate wind powered electricity

EDF plan to install 75,000 EV chargers across Europe

Tesla's Australian battery storage installation is already saving millions

Blackstone to invest in African and Asian renewable energy

UK businesses making the effort to reduce energy consumption