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<blockquote data-quote="Weather Man" data-source="post: 16674558" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3745799-rolls-royce-to-produce-only-electric-cars-by-2030" target="_blank"></a></p><p><a href="https://seekingalpha.com/news/3745799-rolls-royce-to-produce-only-electric-cars-by-2030" target="_blank">Rolls-Royce to produce only electric cars by 2030</a></p><ul> <li data-xf-list-type="ul">Rolls-Royce (<a href="https://seekingalpha.com/symbol/RYCEY" target="_blank">OTCPK:RYCEY</a> +2.1%) will <a href="https://www.bnnbloomberg.ca/rolls-royce-to-stop-making-internal-combustion-cars-by-decade-s-end-1.1659073" target="_blank">stop selling vehicles that run on gasoline by 2030</a>, CEO Torsten Müller-Ötvös says, as the Spectre sedan, the company's first all-electric car, is set to begin testing ahead of an anticipated rollout to the market in late 2023.</li> <li data-xf-list-type="ul">"With this new product, we set out our credentials for the full electrification of our entire product portfolio by 2030," Müller-Ötvös says, describing the decision as the company's most important in the history of the brand.</li> <li data-xf-list-type="ul">Rolls-Royce is <a href="https://www.bnnbloomberg.ca/rolls-royce-s-best-month-since-november-sparks-recovery-optimism-1.1658928" target="_blank">one of September's biggest gainers</a> in the Stoxx Europe 600 index, up 24% so far, although shares still lag heights reached before COVID-19 slammed the travel industry.</li> <li data-xf-list-type="ul">The company recently was awarded a contract to provide upgraded engines for the U.S. Air Force's B-52 bomber fleet in an <a href="https://seekingalpha.com/news/3744291-rolls-royce-wins-pentagon-contract-to-build-new-b-52-engines" target="_blank">award that could grow to $2.6B</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16674558, member: 137766"] [URL='https://seekingalpha.com/news/3745799-rolls-royce-to-produce-only-electric-cars-by-2030'] Rolls-Royce to produce only electric cars by 2030[/URL] [LIST] [*]Rolls-Royce ([URL='https://seekingalpha.com/symbol/RYCEY']OTCPK:RYCEY[/URL] +2.1%) will [URL='https://www.bnnbloomberg.ca/rolls-royce-to-stop-making-internal-combustion-cars-by-decade-s-end-1.1659073']stop selling vehicles that run on gasoline by 2030[/URL], CEO Torsten Müller-Ötvös says, as the Spectre sedan, the company's first all-electric car, is set to begin testing ahead of an anticipated rollout to the market in late 2023. [*]"With this new product, we set out our credentials for the full electrification of our entire product portfolio by 2030," Müller-Ötvös says, describing the decision as the company's most important in the history of the brand. [*]Rolls-Royce is [URL='https://www.bnnbloomberg.ca/rolls-royce-s-best-month-since-november-sparks-recovery-optimism-1.1658928']one of September's biggest gainers[/URL] in the Stoxx Europe 600 index, up 24% so far, although shares still lag heights reached before COVID-19 slammed the travel industry. [*]The company recently was awarded a contract to provide upgraded engines for the U.S. Air Force's B-52 bomber fleet in an [URL='https://seekingalpha.com/news/3744291-rolls-royce-wins-pentagon-contract-to-build-new-b-52-engines']award that could grow to $2.6B[/URL]. [/LIST] [/QUOTE]
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