British luxury automaker Rolls-Royce said on Wednesday it will invest 300 million pounds ($376 million) to expand its Goodwood plant to focus more on bespoke cars for high-end clients, featuring anything from gold sculptures to mother-of-pearl artwork.

The company also announced its intention to release an all-new, fully electric model later this year. According to the carmaker, this is the result of a fantastic sales year in 2024, but also a noticeable growing interest in EVs from high-end luxury buyers.

Rolls-Royce has sold more Spectre EVs than Cullinan SUVs, and it's time to make space for more special projects.

The luxury automaker Rolls-Royce is making a significant investment.

Since being acquired by BMW, Rolls-Royce has witnessed tremendous growth with its workforce growing from 300 employees in early 2003 to over 2,500 in 2025. In 2024, Rolls-Royce sold 5,712 cars, recording its third-best year ever.

Rolls-Royce ’s all-electric future is coming into clearer view after the luxury British brand announced its second EV will arrive this year. The news came as Rolls-Royce revealed £300m investment into its manufacturing facility at Goodwood.

Rolls-Royce has announced an additional £300m in funding for its Goodwood manufacturing site as it looks to broaden its bespoke facility and prepare the brand for future electric vehicles. The investment – which is the largest single injection of cash into the plant since it opened in 2003 – will create extra room for the brand’s Bespoke and Coachbuild projects and prepare the brand for future electric vehicles.