Ricardo to Work with InoBat to Provide Battery Programs for Electrification Programmes for Excessive Efficiency Automotive Automobiles

Ricardo will apply its functionality in area of interest quantity manufacturing, battery meeting and sophisticated provide chain administration in collaboration with battery cell manufacturing consultants, InoBat, to determine a safe provide of important electrical automobile elements

LONDON, November 02, 2022–(BUSINESS WIRE)–As a part of its mission to assist the decarbonisation of the worldwide transport and power sectors, Ricardo, a world strategic environmental and engineering consultancy firm with specialisms in area of interest manufacturing and industrial engineering, has signed a memorandum of understanding with InoBat, a pioneer of premium electrical automobile battery R&D, engineering, manufacturing and recycling, to collectively provide battery cells, modules and packs to excessive efficiency automotive producers for his or her electrification programmes.

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Ricardo companions with InoBat on electrical automobile battery growth (Photograph: Enterprise Wire)

Ricardo and InoBat will co-operate on the meeting, manufacturing and testing of cells, modules and full battery packs for quite a few excessive efficiency automotive purposes. Drawing on its experience in proprietary battery cell R&D and large-scale battery cell manufacturing, InoBat will manufacture, check and provide cells. As a globally trusted engineering and manufacturing providers associate for clear, environment friendly, built-in propulsion and power techniques, Ricardo will design, assemble and check the battery packs and can provide them to clients principally within the excessive efficiency automotive market, but additionally in different sectors corresponding to aerospace and defence, in search of to speed up their product decarbonisation.

Martin Starkey, Managing Director Ricardo Efficiency Merchandise mentioned: “Leveraging our confirmed observe report in industrialising know-how Ricardo is delighted to be working with InoBat to assist set up a strong provide chain for important electrification elements. Ricardo’s future manufacturing technique could be very a lot aligned to this rising want for electrified automobile elements for the excessive efficiency automotive autos and different equally demanding purposes. In doing so, we are going to speed up the adoption of electrification in these important sectors by offering a strong provide route for key battery merchandise. As well as, we’re serving to to contribute to the inexperienced bounce again by way of sustainable practices, and serving to to speed up internet zero ambitions.”

Iain Wight, Chief Industrial Officer of InoBat commented: “Ricardo’s lengthy historical past of innovation and engineering expertise make it the best associate for InoBat. Our complementary capabilities and strategy to battery growth and manufacturing will make sure that producers have entry to the elements they want, once they want them, serving to speed up the transfer to inexperienced mobility. I’m delighted that we’re partnering with an organization with a shared sustainability ethos and, by way of collaboration, InoBat and Ricardo might help pave the best way to a greener future.”

This collaboration with InoBat additional enhances Ricardo’s functionality within the manufacturing and provide of important electrical automobile elements. In September 2021, Ricardo acquired UK Authorities funding to evaluate the industrial viability of a facility to assemble battery packs for UK producers which produce fewer than 10,000 electrified autos per 12 months. These UK electrified automobile producers included among the world’s greatest identified status manufacturers which create their luxurious automobiles, particular autos, or off-highway machines for a buyer base within the low 1000’s. The financial research was funded by the Superior Propulsion Centre’s Automotive Transformation Fund supported by the Division for Enterprise, Vitality and Industrial Technique.

Ends

About Ricardo

Ricardo plc is a world strategic, environmental, and engineering consulting firm, listed on the London Inventory Change. With over 100 years of engineering excellence and using shut to three,000 staff in additional than 20 international locations, we offer distinctive ranges of experience in delivering modern and modern cross-sector sustainable merchandise and options. Every single day, we allow our clients to unravel essentially the most complicated and dynamic challenges to assist obtain a secure and sustainable world. Go to www.ricardo.com

About Inobat

InoBat specialises in pioneering analysis, growth, manufacture, provide, recycling, and supreme cautious disposal of modern electrical batteries custom-designed to satisfy the precise necessities of worldwide mainstream and specialist OEMs throughout the automotive, industrial automobile, motorsport, and aerospace sectors. InoBat offers modern options throughout the whole worth chain because of its ‘cradle-to-cradle’ strategy, which showcases the idea of a round financial system. InoBat is backed by a robust consortium of strategic traders and companions corresponding to Rio Tinto, Amara Raja, Ideanomics, IFC, IPM Group, Matador, AEN, CSG and Throughout. A European-based battery producer, InoBat already has a battery analysis and growth facility and pilot line underneath growth in Slovakia. InoBat has additionally been accredited for grant financing underneath the EU sponsored programme, Necessary Initiatives for Widespread European Curiosity, and already acquired a grant from the Slovak Authorities. For extra data and information on InoBat, please go to https://inobatauto.eu

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Contacts

For Ricardo:
Kathryn Bellamy
Group Senior Communications Supervisor
Ricardo plc
E-mail: kathryn.bellamy@ricardo.com
Phone: +44(0)7921 941824

For InoBat:
Katarina Stryckova
E-mail: katarina.stryckova@inobat.eu
Gary Haddon
E-mail: gary.haddon@inobat.eu

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