Crewe, England-based Bentley posted a profit of 389 million
euros ($427.1 million) for 2021, compared with a profit of 20 million euros in
the previous year, after deliveries jumped 31% to 14,659 cars on strong demand
for new hybrid models.
Carmakers globally are doubling down on efforts to shift to
electric models as calls for more environment-friendly machines grow. Bentley
parent Volkswagen - Europe's biggest carmaker - is ramping up investments in
power infrastructure to take on Tesla.
Bentley itself is targeting to be end-to-end carbon-neutral
by 2030, having invested 3 billion euros at its Crewe factory over a period of
10 years to aid this transition.
"Increasing demand for our hybridised models, supported
by (3 billion euros) of sustainable investment in our Crewe factory, will
ensure we remain the benchmark manufacturer in sustainable luxury
mobility," said Jan-Henrik Lafrentz, member of the board for Finance and
IT at Bentley.