BERLIN – Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium switch-making brands such as Volkswagen Bentley and Jaguar’s Land Rover.
The BMW-owned brand said in a statement that its first fully electric vehicle, called the Specter, will hit the market in the fourth quarter of 2023, with tests set to begin soon.
Torsten Mueller-Otvos, CEO of Rolls-Royce in the south of England, said:
“Until then, Rolls-Royce will no longer be in the business of producing or selling internal combustion engine products,” Muller-Otvos added.
BMW has not set a deadline for the production of fossil fuel vehicles, instead, it has set a target of producing 50 percent of electric vehicles by 2030, but its partner Mini said in March that it would be all-electric by the end of the decade.
Tata Motors’ Jaguar brand All-Electric by 2025, Volkswagen AG’s luxury unit Bentley Motors by 2030 and Mercedes-Benz maker Daimler’s approval of market conditions within the same year.
This News Originally From – The Epoch Times