Skip to main content

Ricardo partners with FMC to engineer a new family of electric vehicles for global markets

UK engineering and environmental consultancy Ricardo has signed a strategic cooperation agreement with Future Mobility Corporation of China to provide engineering support in the development of a family of electric vehicles, aimed at customers in Asia, North America and Europe.
July 4, 2017 Read time: 1 min

UK engineering and environmental consultancy 5606 Ricardo has signed a strategic cooperation agreement with Future Mobility Corporation of China to provide engineering support in the development of a family of electric vehicles, aimed at customers in Asia, North America and Europe.

Formed in 2016, Future Mobility Corporation (FMC) aims to redefine the market for high quality, feature-rich electric vehicles, with ambitious plans to deliver its first products delivered to market by 2020, as part of a completely new product range which will embrace the latest electric vehicle technologies.

To help it fulfil its product development plans, FMC will work with Ricardo on an international basis, drawing upon the resources of its vehicle and electric/electronic systems engineering teams based at Ricardo technical centres throughout the UK, continental Europe and China.

For more information on companies in this article

Related Content

  • Cubic completes acquisition of Serco transport solutions
    November 27, 2013
    Serco’s transport solutions business will become a part of Cubic Transportation Systems following Cubic Corporation’s acquisition of the business for an enterprise value of US$70 million. Serco’s primarily a UK-based transport technology and services business and had revenues in the last calendar year of approximately $67 million.
  • 12th ITS Asia-Pacific Forum focuses on cooperation
    March 14, 2012
    In April this year, ITS Malaysia will host the 12th ITS Asia-Pacific Forum and Exhibition in Kuala Lumpur to further advance ITS cooperation and coordination between member countries in the region. In 1999, just a year after construction of the iconic Petronas Twin Towers was completed, Kuala Lumpur hosted the 3rd ITS Asia-Pacific Forum. A great deal has changed in the intervening 13 years, not least the scope and importance of the Forum’s programme. The 12th running of this event, being held from 16-18 Ap
  • Swarco strengthens position in American ITS market
    August 26, 2016
    Austrian traffic technology group Swarco has entered a definitive agreement to acquire California, US-based McCain based, which supplies traffic controllers, cabinets, signals, signs and software for the urban traffic market. The deal, scheduled to close on 31 August 2016, outlines Swarco’s intent to purchase 100% of the shares of the McCain. The parties agreed not to disclose the purchase price. Swarco plans to build upon the McCain brand; founder and owner Manfred Swarovski said they both have comp
  • Swarco and Transver, partners in ITS
    October 7, 2014
    Austrian traffic technology corporation Swarco has acquired Munich-based transport research and consultancy firm Transver, in an agreement that will see them aggregate their comprehensive knowledge of international transportation systems (ITS) and push their cooperation with universities and research institutions in the field of intelligent traffic management. Swarco sees the acquisition as an important step in mastering the mobility challenges of the future. Both companies have extensive experience in t