Ricardo receives £35 million order to supply an advanced DCT for a new supercar
This multi-year order will see Ricardo Performance Products supply an advanced Dual Clutch Transmission (DCT) that it has designed and developed in collaboration with a leading OEM, for a luxury supercar that will enter production later in 2016
Ricardo has been supplying transmission technology to the niche and high performance automotive market for the past 25 years. Under the order announced today, deliveries of the new DCTs will start later in 2016, and will continue over the life of the vehicle.
'We are grateful to our customer for awarding this significant production order for the supply of this advanced DCT,' commented Ricardo Performance Products managing director Mark Barge. 'Ricardo's brand is well-known in the market for high performance niche transmissions for both luxury road going products as well as for the race track. Indeed, it is this breadth of experience that allows us to apply technical solutions from a number of high performance markets resulting in a product of unparalleled performance. At the request of our customer, further technical details of the advanced DCT which is the subject of the order announced today, including the manufacturer and vehicle name, must remain confidential for the time being.'
Further enquiries:
Ricardo plc
Tel: 01273 455611
Dave Shemmans, Chief Executive Officer
Ian Gibson, Chief Financial Officer
Website:www.ricardo.com
Ricardo plc published this content on 13 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 July 2016 13:18:03 UTC.
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Ricardo plc is a global strategic, environmental, and engineering consulting company. The Company operates through five segments: Energy and Environment (EE), Rail, Automotive and Industrial (A&I), Defense, and Performance Products (PP). The EE segment is engaged in the provision of environmental consultancy services to customers across the world. The Rail segment is a consultancy unit that provides technical advice and engineering services; and performs accredited assurance services. The A&I segment is engaged in the provision of engineering, strategic consulting, and design, development, and testing services, focused on hybrid and electric systems, electrification, engines, driveline and transmissions, testing, and vehicle engineering. The Defense segment provides engineering services, software, and products to customers in the United States defense market. The PP segment manufactures, assembles, and develops niche components, prototypes, and complex products.
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