Rolls-Royce has abandoned its goal to sell only electric vehicles by 2030, with new Chief Executive Chris Brownridge saying the luxury carmaker will continue producing V12 internal combustion engines due to client demand. The decision reverses a pledge made by the previous leadership after launching the all-electric Spectre in 2022, and follows similar moves by other global automakers scaling back electric vehicle commitments amid changing market conditions.
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Rolls-Royce has abandoned its goal to sell only electric vehicles by 2030, with new Chief Executive Chris Brownridge saying the luxury carmaker will continue producing V12 internal combustion engines due to client demand. The decision reverses a pledge made by the previous leadership after launching the all-electric Spectre in 2022, and follows similar moves by other global automakers scaling back electric vehicle commitments amid changing market conditions.