Rolls-Royce company profile, history and EVs

Rolls-Royce Motor Cars Limited is a British luxury automobile manufacturer which has operated as a wholly owned subsidiary of BMW AG since 2003. The company’s administrative and production headquarters are located on the Goodwood Estate in Goodwood, West Sussex, England, United Kingdom.

Rolls-Royce Motor Cars was founded in 1904 by Charles Rolls and Henry Royce. The company’s first car, the Silver Ghost, was introduced in 1906 and quickly became one of the most popular luxury cars in the world. Rolls-Royce continued to produce high-quality luxury cars throughout the 20th century, and the company’s cars were often used by celebrities and heads of state.

In 1971, Rolls-Royce Motor Cars was acquired by Vickers plc. Vickers sold the company to BMW in 1998. Since then, Rolls-Royce Motor Cars has continued to produce luxury cars, and the company has also expanded its product line to include SUVs and convertibles.

Parent/Daughter Companies

Rolls-Royce Motor Cars Limited is a wholly owned subsidiary of BMW AG. BMW AG is a German multinational automobile manufacturing company headquartered in Munich, Germany. BMW is also the parent company of several other automobile brands, including Mini, Rolls-Royce, and BMW Motorrad.

Entry into EV Market

Rolls-Royce Motor Cars Limited announced in 2021 that it would launch its first electric vehicle (EV) in 2023. The company has not released any details about the EV, but it is expected to be a luxury SUV.

The move into the EV market is a significant one for Rolls-Royce Motor Cars Limited. The company has long been known for its high-performance gasoline-powered cars, but the global shift to electric vehicles is forcing luxury automakers to adapt.

Future Plans

Rolls-Royce Motor Cars Limited has not released any specific plans for the future. However, the company has said that it plans to continue to produce high-quality luxury cars and that it is committed to innovation.

The company is also likely to continue to expand its product line. In addition to the EV SUV, Rolls-Royce Motor Cars Limited is rumored to be working on a luxury sedan and a convertible.

Rolls-Royce Motor Cars Limited is a leading luxury automaker with a long history of innovation. The company is well-positioned to succeed in the future, and it is likely to remain a major player in the luxury car market for years to come.