Luxury Carmaker Rolls-Royce To Switch To All Electric Vehicles By 2030

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Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, 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.

“With this new product we set out our credentials for the full electrification of our entire product portfolio by 2030, said Torsten Muller-Otvos, CEO of Rolls-Royce, which is based in the south of England.

“By then, Rolls-Royce will no longer be in the business of producing or selling any internal combustion engine products,” Muller-Otvos added.

Read more at CNBC.

{Matzav.com}


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