Luxury Carmaker Rolls-Royce to Switch to All Electric Range by 2030

BERLIN—Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s Land Rover. The BMW-owned brand said in a statement that its first fully electric-powered car, named “Spectre,” will be on the market in the fourth quarter of 2023, with testing to begin soon. “With this new product we set out our credentials for the full electrification of our entire product portfolio by 2030, said Torsten Muller-Otvos, CEO of Rolls-Royce, which is based in the south of England. “By then, Rolls-Royce will no longer be in the business of producing or selling any internal combustion engine products,” Muller-Otvos added. BMW has not set an end date for producing fossil fuel burning cars, instead, setting a goal of 50 percent electric vehicle production by 2030, but its subsidiary Mini said in March it would go …

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Japan’s GPIF to Shun Chinese Government Bonds Even After Benchmark Inclusion

Thu Sep 30 , 2021
TOKYO/SHANGHAI—Japan’s Government Pension Investment Fund (GPIF) will not invest in Chinese government bonds due to settlement and liquidity issues, even after they will be included in a major bond index next month, it said on Wednesday. The world’s largest pension fund, with total assets of 193 trillion yen ($1.729 trillion), […]
Japan’s GPIF to Shun Chinese Government Bonds Even After Benchmark Inclusion

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