LG buys controlling stake in Rolls-Royce fuel cell business
Rolls Royce, the power systems manufacturer, has announced a tie-up with Korean outfit LG over its fuel cell business.
Rolls Royce, the power systems manufacturer, has announced a tie-up with Korean outfit LG over its fuel cell business.
LG has spent $45m buying a 51% stake in Rolls Royce's subsidiary, Fuel Cell Systems, which is based in North Canton, Ohio.
The business has now been renamed LG Fuel Cell Systems but will continue to research, develop, test and commercialise solid oxide fuel cell technology.
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