Cooperation to develop future automotive energy-efficient solutions
SKF and Ricardo have signed an agreement to develop energy-efficient solutions to better meet the increasing customer demands from the automotive industry for improved fuel economy and reduced CO2 emissions.
Through the cooperation both companies will be able to offer their common customer base a “one-stop shop” partner, providing leading-edge research, product and application development and cost-effective manufacturing and supply.
The cooperation is based on a number of identified areas covering long-term research projects, application and product development, as well as customer-specific solution development. The initial focus will be on increasing the efficiency of today’s transmission and engine technology.
“SKF is already very active in the development of energy-efficient solutions,” says Tryggve Sthen, president SKF Automotive Division. “The cooperation between SKF and Ricardo strengthens our position as a frontrunner in the industry and also our position in this field.”
Says Ricardo CEO Dave Shemmans: “We are very pleased to be entering this agreement with SKF, to jointly address some of the energy-efficiency issues facing the automotive industry and to provide our customers with technology that will en-able the next generation of low-carbon vehicles.”
Ricardo, based in the United Kingdom, is a leading provider of technology, product innovation, engineering solutions and strategic consulting to the world’s automotive, transport and energy industries.