Rolls Royce, the luxury carmaker announced the production of its first electric car, which will be on road in late 2023 and the electrified quad wheel has been named ‘The Spectre’.
“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.
BMW has not set an end date for producing fossil fuel burning cars, instead of setting a goal of 50% electric vehicle production by 2030, but its subsidiary Mini said in March it would go all-electric by the end of the decade. The Jaguar brand of Tata Motors’ Jaguar Land Rover will go all-electric by 2025, Volkswagen AG’s luxury unit Bentley Motors by 2030, and Mercedes Benz maker Daimler by the same year, if market conditions allow.