Rolls-Royce to produce only electric cars by 2030
By Shubhangi on Sep 30, 2021 | 02:30 AM IST
Key Points:
·
Rolls-Royce
announced to produce only electric cars by 2030.
·
Rolls-Royce’s
first fully electric car to be available in 2023.
·
Land
Rover and Bentley had also announced to go all-electric
BMW-owned Rolls-Royce
said on Wednesday it will produce only electric cars by 2030 with its first
fully electric powered car, Spectre, to be available in the market in the
fourth quarter of 2023.
"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.
"By then, Rolls-Royce will no longer be in the business
of producing or selling any internal combustion engine products," Muller-Otvos
added.
BMW subsidiary Mini also announced in March it would produce
all-electric vehicle by the end of the decade.
BMW aims to achieve the goal of 50% electric vehicle
production by 2030 but has not declared any deadline to end the production of
fossil fuel burning cars.
Jaguar’s Land Rover had also announced to go all-electric by
2025 while Volkswagen’s Bentley Motors has set the goal for 2030.
Mercedes Benz maker Daimler also plans all-electric vehicle
production by 2030.
(With
inputs from Reuters)
Picture
Credits: Reuters