BMW-Owned Rolls-Royce Says It Will Switch To The All-Electric Range By 2030.
Rolls Royce follows similar commitments to be fully electric made by Volkswagen AG’s Bentley luxury unit, Mercedes Benz maker Daimler and Tata Motors Jaguar Land Rover.
Rolls-Royce will produce only electric cars by 2030, the luxury automaker said on Wednesday, joining other premium brands making the switch such as Volkswagens Bentley and Jaguars Land Rover.
The BMW-owned brand said in a statement that its first fully electric car, called the Specter, will be on the market in the fourth quarter of 2023, and that testing will begin soon.
“With this new product, we established our credentials for the complete 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.
BMW has not set an end date for the production of cars that burn fossil fuels, instead setting a target of 50 percent electric vehicle production by 2030, but its Mini subsidiary said in March that it would go fully electric by the end of March. the decade.
Tata Motors Jaguar Land Rover’s Jaguar brand will be fully electric by 2025, luxury unit Volkswagen AG Bentley Motors by 2030 and Mercedes Benz maker Daimler by the same year, market conditions permitting.