Ricardo and FMC partner up for EV development

Ricardo has signed a strategic cooperation agreement with Future Mobility Corporation to provide engineering support in the development of electric vehicles.

According to TyrePress, the deal has been made as part of plans to offer affordable quality and performance to 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, bringing unprecedented levels of performance, functionality and affordability across multiple international markets.

The company’s plans will see 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.