- It is joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s Land Rover
- BMW has not set an end date for producing fossil fuel burning cars, instead setting a goal of 50 per cent electric vehicle production by 2030
As per a report by Reuters, Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said. It is joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s Land Rover.
The BMW-owned brand said in a statement that its first fully electric powered car, named ‘Spectre’, will be on the market in the fourth quarter of 2023, with testing to begin soon. Torsten Muller-Otvos, CEO of Rolls-Royce, which is based in the south of England added that with the new product they set out thecredentials for the full electrification of the entire product portfolio by 2030. He added that by then,Rolls-Royce will no longer be in the business of producing or selling any internal combustion engine products,” Muller-Otvos added.
BMW has not set an end date for producing fossil fuel burning cars, instead setting a goal of 50 per cent electric vehicle production by 2030, but its subsidiary Mini said in March it would go all-electric by the end of the decade.
