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The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted

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Which brands are manufacturing luxury electric vehicles?

06th April 2022

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There’s no denying it, electric car sales are surging. In fact, in March 2022 alone, more electric vehicles were registered, than in the whole of 2019, but is the prestige market keeping up with this demand or are they lagging behind?

Luxury Electric Cars

Porsche – Taycan

An early adopter of electric vehicle technology, the Porsche first introduced the Mission E back in 2015, which would be rebranded in 2018 to the Porsche Taycan, with Taycan translating is roughly translated as “lively young horse.”. With a range of approximately 313 miles and an engine that will take you from 0-62 mph in 2.8 seconds, the Taycan is a vehicle to suit the needs of almost any prestige buyer.

Lotus – Eletre

Described as an all-electric Hyper SUV, the Eletre is rather different from Lotus’ previous models. It is the brand’s first SUV and has a much more of a “crossover” appeal, which may appeal to a new market for the company. The Eletre can go 0-60 mph in 2.9 seconds, which is impressive for an SUV, and has an equally impressive range of 370 miles and a max speed of 160 mph.

Maserati – GranTurismo

The Maserati GranTurismo is the Brand’s first car to be 100% electric-powered and is the first of six fully electric cars to be launched between now and the end of 2025. Not too much is known about the GranTurismo at this time, but Maserati has confirmed that the model will be powered by a tri-motor powertrain capable of 1,200hp, with 0-62mph in under three seconds and a top speed of 186mph.


The Italian carmaker has been lagging behind other prestige brands and has yet to fully announce an all-electric vehicle. The company’s recent announcement has confirmed that the company is on the path to EV vehicles, but none of them will be available for a number of years. In fact, the first 100% electric Lamborghini is not currently planned until 2028!

Its expected line is as follows

  • Aventador Hybrid in 2023
  • Urus Plug-in Hybrid in 2024
  • Huracán Hybrid in 2025
  • Unnamed all-electric model around 2028

Jaguar – Jaguar I‑PACE

Winner of World Car of the Year, World Car Design of the Year, and World Green Car, Jaguar’s I-Pace has been leading the way in electric prestige cars for a number of years, with over 50,000 cars being sold globally since 2018.

Additionally, the brand has promised to go all-electric by 2025, so expect a lot more models in the next few years.


Another prestige manufacturer that is lagging slightly is Bentley, with the brand advising that their first all-electric vehicles will not roll off the production line until 2025, despite the brand’s strategy to become a global pioneer in sustainable luxury mobility. Although it is expected that will be five all-electric Bentley vehicles launched – one each year from 2025, after which the brand will be all-electric.

The draw of luxury electric cars

The benefits of electric vehicles have been well documented over the past few years, they are believed to be more sustainable and better for the environment, and more economical to run, but what about luxury or prestigious eclectic vehicles? What benefits are there for car enthusiasts who prefer sports, or even supercars?

Electric vehicles are impressively quick, ad the reason for this is the increased efficiency of electric vehicles. Electric cars can accelerate much faster than combustion-powered cars because electric engines are more efficient and have more energy that is used to propel the car forward. Electric cars also do not have a traditional transmission, so the power produced by the engine is able to take a more direct path from the engine to the wheels.

Additionally, due to the placement of the electric batteries, electric vehicles tend to have lower centres of gravity, which is beneficial for handling, and makes electric-powered prestige cars, thrilling to drive.

This increased acceleration makes electric vehicles an exhilarating option for luxury car owners who love speed.

If you’re looking to purchase a prestige EV car, contact our team first to discuss your finance options.

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