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 based on contacts with automotive original equipment manufacturers (OEMs).
“SKF is already very active in the development of energy-efficient solutions. The co-operation between SKF and Ricardo strengthens our position as a frontrunner in the industry and also our position in this field,” says Tryggve Sthen, president Automotive Division.
“We are very pleased to be entering this agreement with SKF to jointly address some of the energy efficiency issues facing the automotive industry, in order to provide technology to our customers that will enable the next generation of low carbon vehicles,” adds Ricardo Chief Executive Officer Dave Shemmans.
Ricardo is a UK-based company engaged in the provision of technical and strategic consulting.
SKF is a Sweden-based supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems.