Rolls-Royce plans to go all electric by 2030
LONDON: British luxury carmaker Rolls-Royce announced on Wednesday that all its products will be fully electric by 2030 as it is to begin on-road testing of its first fully electric model soon.
The new electric car specter will undergo the most demanding testing program in Rolls-Royce’s history, covering 2.5 million km — a simulation of more than 400 years of use for a Rolls-Royce, on average, the company said.
It will come to market in the fourth quarter of 2023, the company said.
Rolls-Royce Motor Cars Chief Executive Officer, Torsten Muller-Otvos, said: “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,” he said.
Britain plans to ban the sale of new petrol and diesel cars by 2030 as part of its effort to deliver its legally binding commitment to bring greenhouse gas emissions to net zero by 2050.
U.S. industrial production tumbles in September amid Hurricane Ida impact, supply constraints
WASHINGTON -- U.S. industrial production tumbled in September due to the lingering...
HSY X CONATURAL: Scents from Pakistan, for Pakistan
A natural beauty brand and a luxury fashion brand coming together? Yes...
Volvo sets IPO for Oct 28, valuing it up to $23 billion
STOCKHOLM: Swedish car brand Volvo said on Monday it was planning its...
PTCL revenues grow 7.3%
KARACHI: The Pakistan Telecommunication Company Limited (PTCL) has posted a significant 7.3...
Pakistan bourse remains bearish; Index falls 192 points
KARACHI: The Pakistan stock market moved both ways on the first day...