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 joins with Imperial College to apply AI in mass transit
    February 13, 2025
    Firm partners with UK university to improve public transport though new tech
    Read More
  • Public transport ITS market in Europe and North America to grow 7 per cent by 2020
    January 3, 2017
    The latest research from Berg Insight indicates that the market for intelligent transport systems (ITS) in public transport operations in Europe was US$1.4 billion (€1.35 billion) in 2015. Growing at a compound annual growth rate (CAGR) of 7.2 per cent, it is expected to reach US$2 billion (€1.91 billion) by 2020. The North American market for public transport ITS is similarly forecast to grow at a CAGR of 8.1 per cent from US$0.6 billion (€0.59 billion) in 2015 to reach US$0.9 billion (€0.87 billion) in
    Read More
  • ITS America to lead ISO ITS standards committee
    April 19, 2012
    ITS America will once again lead administration of the US Technical Advisory Group for Intelligent Transportation Systems (ITS), and serve as International Secretariat for the International Organization for Standardization’s ITS Technical Committee. ITS America takes over from the Telecommunications Industry Association (TIA), which had administered the groups since 2006.
    Read More
  • UK VMS manufacturers merge
    April 2, 2015
    Two major companies in the field of signage systems for highways, urban and rail sectors have joined forces, Variable Message Signs Limited (VMSL) and Techspan Systems, creating a stronger business with a broad product range and an extensive technical capability. Following the acquisition of VMSL in 2014, Hill & Smith Limited realised the opportunity to create a world class provider of variable message signs and systems as part of its HS Roads Technology Division. The new combined business will operate und
    Read More

Highlighted Content