Rolls-Royce announced its plans to ditch gas and to produce all-electric vehicles by the year 2030. The British luxury automobile maker headquartered in Westhampnett, United Kingdom, revealed on Wednesday, Sept. 29, that it would be joining other major car brands in their move to switch to electric vehicles.
According to Reuters, Rolls-Royce, to start its transition to an all-electric carmaker, it will be unveiling its first fully electric car called “Spectre.” The company said that this will be arriving on the market in the last quarter of 2023. To prepare for its official launch, Rolls-Royce is set to begin testing the car soon.
“With this new product, we set out our credentials for the full electrification of our entire product portfolio by 2030. By then, Rolls-Royce will no longer be in the business of producing or selling any internal combustion engine products,” Rolls-Royce chief executive officer, Torsten Müller-Ötvös, said in a press release.
He added, “Spectre is the living fulfillment of Charles Rolls’ Prophecy. My Promise, made on behalf of Rolls-Royce Motor Cars, is kept. Now we begin a remarkable undertaking. I am proud that we will continue to propel the world’s most progressive and influential women and men into a brilliant, electrified future.”
Müller-Ötvös further through the release that the Rolls-Royce brand is already 117 years old, and today, after more than a century, he is proud to announce that they will be starting the on-road testing program for their new car that will elevate the global all-electric car revolution.
He said that the Spectre is the first and finest super-luxury all-electric car to be built. He also noted that this is the first of its kind and is not a prototype. This is the real one that will soon be traversing the roads as its testing begins.
Meanwhile, CNBC mentioned that with Rolls-Royce’s announcement about its shift to all-electric vehicles, it would be joining other luxury automakers such as BMW, Jaguar, Mercedes Benz, and Bentley, which are also working to lessen or completely phase out the gas vehicles. Automakers in the world are making this change to lower carbon emissions and help curb climate change.


Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Anta Sports Expands Global Footprint With Strategic Puma Stake
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Washington Post Publisher Will Lewis Steps Down After Layoffs
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 



