Rolls-Royce Plans To Build World’s Fastest Electric Plane

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By Douglas A. McIntyre Updated Published
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Rolls-Royce Plans To Build World’s Fastest Electric Plane

© courtesy of Boeing Co.

, and not the carmaker, wants to build the world’s fastest electric plane. The car company and aircraft engine company were split from one another in 1971, Ever since, Rolls-Royce, the engine company, has made engines for commercial and military planes. It has set a target of building an electric plane which can top the current speed record of 210 mph.

Rolls-Royce gave out the specifications of the electric plane it plans to fly next year. It will be called ACCEL which is short for “accelerating electrification of flight”. To accomplish its goal it needs to build a plane with three electric engines which can put out 500 horsepower. Each will have a 750-volt battery pack with 6,000 cells, and be liquid cooled. It will use a slow turning propeller to keep vibration to a minimum. YASA, which makes electric engines, and a startup called Electroflight will help build the aircraft.

The new project is not simply meant to build the equivalent of a fast-moving toy. Among the EU’s clean energy goals is to cut fossil fuel emissions as close to zero as possible by 2050. This process is already well underway with the advent and commercial production of electric cars. The same process is in its infancy in air travel.

Rolls-Royce means to do more than break the electric aircraft speed record set by Europe conglomerate Siemens in 2017. The company said its new plane will reach a speed of 300 mph. This is still very slow compared to commercial aircraft speed which is routinely above 500 mph.

If Rolls-Royce can reach its goal, it will be another step along the way toward commercial planes with electronic engines. The engines it currently makes for the Airbus A350 put out over 50,000 horsepower each. And, each cost over $35 million.

Rolls-Royce has been in the cleaner aircraft engine business for some time.

However, it remains to be seen if it can actually build electric motors for planes which can be commercially viable, and not just meant to break a novel, but not terribly important, speed record. If it can pull off the goal, it will move beyond simply being a jet engine maker and defense company among those profiting the most from war. 

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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