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Rolls-Royce To Exit Electrical Propulsion Business

Rolls-Royce is open to offers from prospective buyers for its Electrical division, which is focused on activities such as developing electric propulsion systems for eVTOLs, including Vertical Aerospace’s VX4. The UK-based aircraft engine maker revealed the move as part of a wider restructuring plan rolled out on Tuesday in a briefing for analysts that could include other divestitures across the group expected to raise up to £1.5 billion ($1.9 billion) over the next five years. ( More...

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linbb -4
Get rid of it quick or wont be worth anything so far electric is still a pipe dream and nothing has changed.


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