Global consulting firm Ricardo has signed a memorandum of understanding with EV battery company InoBat to work together on battery cells, modules and packs for EVs.

“Drawing on its expertise in proprietary battery cell R&D and large-scale battery cell production, InoBat will manufacture, test and supply cells,” says Ricardo. “As a globally trusted engineering and manufacturing services partner for clean, efficient, integrated propulsion and energy systems, Ricardo will design, assemble and test the battery packs and will supply them to customers principally in the high-performance automotive market, but also in other sectors such as aerospace and defense, seeking to accelerate their product decarbonization.”

Source: Ricardo