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

  • Alternative fuel and hybrid vehicle ‘to grow at 12.9 per cent to 2022’
    October 21, 2016
    A new report published by Allied Market Research, Alternative Fuel and Hybrid Vehicle (AFHV) Market by Alternative Fuel Type, Vehicle Type, and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022, projects that the world AFHV market is expected to reach US$614 billion by 2022, growing at a CAGR of 12.9 per cent during the forecast period. The passenger vehicle segment is estimated to dominate the market from 2016 to 2022. Asia-Pacific dominated the global market accounting for a market s
    Read More
  • Modernising India's bus travel
    August 29, 2012
    Award-winning ITS initiatives are promising modernisation of bus travel as a key part of development plans for cities of the Indian state of Karnataka. The Indian state of Karnataka is poised to launch the next stage of a major rollout of ITS technology on its bus network following the August 2012 go-live of an award-winning passenger information system. The Karnataka State Road Transport Corporation (KSRTC), which is owned by the state government
    Read More
  • ETC Corporation awarded $88 million tolling contract
    March 23, 2012
    The Port Authority of New York and New Jersey has awarded a contract, valued at approximately $88 million, to Electronic Transaction Consultants Corporation (ETC Corporation) to provide a facility-wide replacement toll collection and audit system as well as related system maintenance services. Under the contract, ETC will implement its latest generation Rite solution on the Port Authority’s toll facilities to deliver a number of advanced system features including a sophisticated toll data warehouse, an adva
    Read More
  • Connected management mega-trend drives the global wireless M2M market
    August 21, 2014
    According to a new research report from the analyst firm Berg Insight, the number of global mobile network connections used for wireless machine-to-machine (M2M) communication will increase by 21 per cent in 2014 to reach 213.9 million at the year-end. East Asia, Western Europe and North America are the main regional markets, accounting for around 75 per cent of the installed base. In the next five years, the global number of wireless M2M connections is forecasted to grow at a compound annual growth rate
    Read More

Highlighted Content