BERLIN: Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium brands such as Volkswagen’s Bentley and Jaguar’s Land Rover to make the switch.
The BMW-owned brand said in a statement that its first fully electric car, codenamed ‘Spector’, will hit the market in the fourth quarter of 2023, with testing to begin soon.
“With this new product we set our credentials for the complete electrification of our entire product portfolio by 2030,” said Rolls-Royce CEO Torsten Müller-Otvos, which is based in the South of England.
“Until then, Rolls-Royce will not be in the business of producing or selling any internal combustion engine products,” Muller-Otvos said.
BMW hasn’t set an end date for producing fossil fuel-burning cars, instead setting a goal of 50% electric vehicle production by 2030, but its subsidiary Mini said in March that it would go completely by the end of the decade. Will go electric.
Tata Motors’ Jaguar Land Rover’s Jaguar brand will go fully electric by 2025, Volkswagen AG’s luxury unit Bentley Motors by 2030, and Mercedes-Benz manufacturer Daimler by the same year, if market conditions allow.
.