Australia markets closed

    +1.30 (+0.02%)

    -0.0018 (-0.24%)
  • ASX 200

    +1.70 (+0.02%)
  • OIL

    +0.38 (+0.45%)
  • GOLD

    +2.00 (+0.11%)

    +571.58 (+0.67%)
  • CMC Crypto 200

    +46.19 (+3.12%)

Rolls-Royce plans to stop making gas-powered cars by 2030

·Contributing Writer
·1-min read

Another major automaker has revealed plans to move entirely to electric vehicles within the next decade. Rolls-Royce is the latest one to make the pledge, following other luxury brands such as Jaguar, Lincoln and Bentley.

Spectre, Rolls-Royce's first EV (and one that sounds like it's rolling off the set of a James Bond film), will arrive in the last quarter of 2023. The BMW brand plans to start testing the vehicle soon, according to Reuters. Rolls-Royce teased the EV in some images, but it literally kept the Spectre's design under wraps.

Rolls-Royce Spectre EV tease
Rolls-Royce Spectre EV tease

Rolls-Royce CEO Torsten Muller-Otvos said that by 2030, the automaker "will no longer be in the business of producing or selling any internal combustion engine products." Sibling brand Mini has made a similar pledge. Parent company BMW has not set a date for making a full switch to EVs, though it aims to move half of production to electric models by the end of this decade.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting