Bentley Torcal EV priced at half Ferrari Luce to lure younger buyers

Bentley launches its first electric SUV, the Torcal, priced at roughly half the cost of Ferrari's Luce EV, targeting younger and first-time luxury buyers. The move signals intensifying competition in the high-end EV segment, potentially pressuring margins across luxury automakers. Market impact is limited to sector-specific dynamics rather than broad macro direction.