Rolls-Royce is the latest manufacturer to back away from an EV-only target date.

Chris Brownridge, Rolls-Royce’s CEO since late 2023, told The Guardian and other British media outlets the brand is scrapping its target of becoming an electric-only manufacturer by 2030.

The goal was set in 2022 when then-CEO Torsten Müller-Ötvös launched the Spectre EV coupe. At the time Rolls-Royce believed EVs would make up 70 per cent of its sales by 2028, and production of V12-powered models would cease by the end of 2030.

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Rolls-Royce Spectre
Rolls-Royce Spectre

Mr Brownridge said the decision was “right at the time” but noted the “prediction was based on a different set of circumstances”. Most notably the “legislation [regarding carbon emissions] has changed”.

At the end of 2025 the European Union scrapped its effective ban on new cars with petrol or diesel engines from 2035. In its place the EU will mandate a fleet-wide CO2 emission target for 2035 that’s 90 per cent decrease in emissions compared with 2021″.

The US has gone further by eliminating the penalty for exceeding its CAFE fuel economy targets. It also ended a US$7500 (A$10,600) federal tax rebate for electric vehicles.

Rolls-Royce Phantom
Rolls-Royce Phantom