Rolls-Royce is going super-green this year. The auto-maker has come up with a Rolls-Royce limousine that will run on electricity. The new limo is based on the £300,000 Rolls-Royce Phantom. However, the difference is this. While the standard Phantom gives a mileage of 15 miles per gallon, the electric powered version is set to be far more fuel-efficient. Apparently, the new, electric-powered Rolls-Royce will cost only about 2p per gallon. The car, named 102EX, is due to be unveiled on 1 March this year at the prestigious Geneva Motor Show.

A recent statement by the company announced that the new limo would debut at this year’s edition of the Geneva Motor Show, putting to rest two-year-long speculation about a secret electric car being developed in the Rolls-Royce labs.

The 102EX will go on a testing tour throughout 2011. The car will be taken across Europe, the Middle East, Asia and North America, to encourage owners to offer feedback about the car. The research data that is thus collected will then be put to use to develop future cars from Rolls-Royce.

Chief executive officer Torsten Müller-Ötvös has announced that with the new car, Rolls-Royce has engineered the first-ever battery electric car in the ultra-luxury segment. This green luxury car is expected to hit the streets by the 2012 Olympics. Incidentally, Rolls-Royce’s parent company BMW will be showcasing its eco-friendly technology at the Olympics.

Meanwhile, the super-wealthy will have to wait for the 102EX to hit the stores. Don’t expect this 2p-per-gallon car to come cheap though. The price tag is expected to hover around the £1 million mark.

Via: Daily Mail