Company News

Ricardo wins Government funding to develop future electric trucks

Ricardo will apply its expertise in battery, power electronics and motor R&D to deliver technologies for electric trucks which will drive down the cost and increase the range of future commercial vehicles. As part of its mission to support the decarbonisation of the global transport and energy sectors Ricardo, a world-class environmental, engineering and strategic consulting company, has announced that it has won two UK Government-backed innovation competitions to develop novel solutions for heavy duty vehicles focusing on improving efficiency and performance and reducing the cost of future electric trucks. Ricardo will be partnering with the University of Bath for both projects. For the first project, which is funded by the Faraday Battery Challenge, supported by Innovate UK, Ricardo will be investigating the efficacy of integrating power electronics – a modular, series-connectable inverter and charger – into a battery pack, and understanding whether this novel approach can help to reduce the total cost of ownership. The project is targeting to deliver efficiency improvements and reduce the powertrain mass, leading to savings of around 1,000GBP per vehicle. This will help to accelerate the wider-scale adoption of electrified commercial vehicles.  Read More

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