DOCSLIB.ORG

Ricardo Plc Annual Report & Accounts 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ricardo Plc Annual Report & Accounts 2018 Delivering Excellence Through Innovation & Technology Ricardo plc Annual Report & Accounts 2018 II Ricardo plc Annual Report & Accounts 2018 Group overview 1 Introduction Who we are 4 Order intake at a glance 5 Financial highlights Ricardo is a global engineering, technical, Strategic report 8 Chairman’s statement environmental and strategic consultancy 10 Chief Executive’s statement business. We also manufacture and assemble 13 Our strategy and strategic objectives low-volume, high-quality and high-performance 14 Market overview 16 Strategic performance products. Our ambition is to be the world’s 18 Technical Consulting pre-eminent organisation focused on the 24 Performance Products development and application of solutions to 26 Research and Development 28 Financial review meet the challenges within the markets of 32 Our people Transport & Security, Energy and Scarce Natural 34 Corporate responsibility and sustainability Resources & Waste. 40 Risk management and internal control 41 Principal risks and uncertainties Drawing on over 100 years of commitment to 43 Viability statement research and development, Ricardo’s team of Case studies over 3,000 engineers, consultants, scientists and 46 Creating sustainable airports 50 Software innovation for a resilient and secure support staff, delivers innovative and class-leading water supply products and services for the benefit of a broad 54 Towards zero-emissions freight in California 58 Safety, assurance and interoperability client base. 62 An advanced transmission for the ultimate super sports car Our clients include the world’s major transportation original equipment manufacturers Corporate governance 68 Board of Directors and operators, energy companies, financial 70 Corporate governance statement institutions, and government agencies. 76 Nomination committee report 77 Audit committee report The delivery of our products and services is 82 Directors’ remuneration report made possible by our people, who are at the 104 Directors’ report 107 Statement of Directors’ responsibilities heart of our business and who are the bedrock of our success. Ricardo cultivates the talent and Financial statements 110 Independent auditors’ report the engineering and scientific excellence of its 116 Consolidated income statement professionals and invests in their development for 116 Consolidated statement of comprehensive income the benefit of the individual, for our organisation, 117 Consolidated and parent company statements and for our stakeholders. At Ricardo, our of financial position 118 Consolidated and parent company statements community is bound together by a simple desire of changes in equity for developing solutions to complex problems, 119 Consolidated and parent company statements of cash flow and is driven by our corporate values of Respect, 120 Notes to the financial statements Integrity, Innovation, and Passion. Additional information 162 Corporate information 163 Global emissions legislation Delivering Excellence Through Emissions Innovation & Technology Ricardo’s vehicle emissions team deploys the latest remote sensing technology to measure the emissions Winter Olympics 5% from over 300,000 vehicles. 3% Ricardo Rail plays a key 5 1% 4 role in readying South 3 Korea's latest high-speed railway in time to serve the venues of the 2018 Winter Olympic Games. £380.0m 28% 2 Automotive Revenue battery systems 1. Cost of sales: £241.1m Ricardo delivers its first 2. Administrative expenses net of This year battery manufacturing other income: £108.2m Scarce natural concept programme for 3. Net finance costs: £2.2m a prestigious electric 4. Taxation: £9.6m resources sports car. 5. Profit for the year: £18.9m Notable wins have been secured under the Circular 1 Waste Economy Business Support 63% We are working on a high- Framework, which assists profile waste policy review SMEs to realise the benefits Celsius for the Environmental of adopting circular economy The Celsius project, which Services Association ('ESA') – JAC HyBoost 48V approaches to their processes, investigates factors the trade body representing products affecting the temperature the UK’s resource and waste Hybrid M4 MPV and services. of transformers and cables management industry. Ricardo completes in electricity sub-stations, Defence multi-year development has collected 130 million Acquisition and integration programme to deliver measurements. of Control Point Corporation JAC’s first 48V enabled – now known as Ricardo vehicle. Cyber security Defense, Inc. – into the Our Centenary Innovation Group’s existing Ricardo Centre hosts the 2017 Defense business in the US. HackTrain event, with teams of software developers and designers taking on various coding challenges set by the UK rail industry. Active Response Our new energy innovation project, Active Response, is trialling an electricity network Maglev that automatically reconfigures itself, moving spare capacity Ricardo Rail helps to meet demand. This has the ensure that Beijing's potential to reduce carbon first magnetic levitation emissions by 448,000 tonnes rail system is ready for by 2030 in the UK. operation. Battery development Railway Challenge Ricardo is awarded a multi- High-performance Eurostar million Euro programme winners engine assembly Ricardo Certification helps from a premium German Bugatti Chiron Our UK graduates collect pave the way for Eurostar's automaker for full Ricardo's production first prize in the annual Successful first year of first-ever direct London- service battery test and exceeds 120 engines per IMechE contest to design transmission production Amsterdam service. development. week as advanced end-of- and build a miniature line test capabilities go live. for the groundbreaking 1,500 hp Bugatti Chiron. locomotive. Delivering Excellence Through Innovation & Technology 1 Where we are 3,000+ dedicated and talented people in our global team of experts situated in key locations around the world. Offices Technical Centres Our people 3,000+ people 85 nationalities 48 sites 21 countries Engineers Consultants Scientists 2 Ricardo plc Annual Report & Accounts 2018 What we do Technical Consulting Group overview Automotive Rail Environmental Strategic Independent Strategic report systems consulting consulting consulting assurance We provide engineering, technical, environmental and strategic consultancy services to clients across a range of market sectors. We also provide accreditation and independent assurance services to clients in the rail sector. Case studies Case Performance Products Corporate governance Corporate Niche Computer-aided Simulation manufacturing engineering software software We manufacture and assemble high-quality prototypes and niche volumes of complex engine, transmission and vehicle products. We also develop advanced virtual engineering tools, such as computer-aided engineering and simulation software for conventional and electrified powertrains, as well as complex physical systems such as water networks. statementsFinancial Who we work with Additional information Additional Original Energy Financial Government equipment companies institutions agencies manufacturers Delivering Excellence Through Innovation & Technology 3 Order intake at a glance Order intake for the year ended 30 June 2018 of £413m split by: Our operating segments Our market sectors Our businesses aggregate into two distinct reportable Our strategy of diversification into adjacent market sectors has operatingRicardo segments. plcRicardo External plc ExternalOrder Intake Order Intake continuedRicardo to provide plcRicardo External balance plc to ExternalOrder our order Intake intake. Order by Intake Market by Sector Market Sector Ricardo plcRicardo External plc ExternalOrder Intake Order by Intake Product by GroupProduct Group 3% 22% 12% 6 2 5 Ricardo plcRicardo External plc ExternalOrder Intake Order Intake Ricardo plcRicardo External plc ExternalOrder Intake Order by Intake Market1 35% by Sector Market Sector Ricardo plcRicardo External plc ExternalOrder Intake Order by Intake Product by ProductGroup Group 20% 4 1 2 78% 3 9% 21% 1. Technical Consulting 1. Automotive 2. Performance Products 2. Off-Highway & Commercial Vehicles 3. High-Performance Vehicles & Motorsport 4. Rail Ricardo plcRicardo External plc ExternalOrder Intake Order by Intake Geography by Geography 5. EnergyRicardo & Environment plcRicardo External plc ExternalOrder Intake Order by Intake Customer by Customer 6. Defence Our geographies Our customers The operations of the business in our selected market sectors Our order intake arises from a customer list that includes the world’s Ricardospan plcRicardo many External different plc External Orderregions Intakeof theOrder world. by Intake Geography by Geography majorRicardo transportation plcRicardo External original plc equipment ExternalOrder Intake manufacturers Order by Intake Customer and by operators, Customer energy companies, financial institutions and government agencies. 7% 1% 1% 15 6 7 13% 16% 7% 14 1 5 34% 1 8% 13 2 4% 12% 4 3 4% 4 4% 5 17% 12 4% 3 6 3% 12% 7 8 3% 9 2% 2 10 2% 11 2% 27% 17% 1. UK 1-10. Top 10 2. Mainland Europe 11. UK 3. North America 12. Mainland Europe 4. China 13. North America 5. Japan 14. Asia 6. Rest of Asia 15. Rest of the World 7. Rest of the World 4 Ricardo plc Annual Report & Accounts 2018 Financial highlights Order book Order intake Revenue Group overview £288m £413m £380.0m +16% +13% +8% 2018 288 2018 413 2018 380.0 Strategic report 2017 248 2017 366 2017 352.1 2016 231 2016 361 2016 332.4 2015 140 2015 252 2015
Load more

Recommended publications
  • Ricardo Plc Interim Results Presentation Half Year Ended 31 December 2013
    Ricardo plc Interim Results Presentation Half year ended 31 December 2013 © Ricardo plc 2014 HIGHLIGHTS – for the half year ended 31 December 2013 A record order book up 18% to £143m (Jun 2013: £121m) Underlying(1) profit before tax up 29% to £9.3m (Dec 2012: £7.2m) Organic(2) profit before tax up 11% to £8.0m (Dec 2012: £7.2m) Net funds up £2.1m to £8.2m (Jun 2013: £6.1m) Interim dividend up 8% to 4.3p per share (Dec 2012: 4.0p) Multi-year engine supply agreement signed with McLaren Automotive Outlook remains positive, strong platform for further growth (1) excluding specific adjusting items, which comprise amortisation of acquired intangible assets and acquisition costs (2) excluding Ricardo-AEA for the period up to 8 November 2013. Ricardo-AEA was acquired in the prior year on 8 November 2012 © Ricardo plc 2014 2 Key indicators Half year ended Year ended 31 December 30 June 2013 2012 2013 Restated (1) Restated (1) Order intake £135m £106m £218m Order book £143m £136m £121m Gross profit % 39.0% 39.8% 41.5% Operating profit % (2) 8.8% 7.8% 10.4% Tax rate 18% 17% 19% EPS (basic) (2) 14.6p 11.4p 35.4p Dividend 4.3p 4.0p 14.0p Net funds £8.2m £(2.7)m £6.1m Pension deficit (pre-tax) £21.5m £22.3m £19.7m Closing headcount (including subcontractors) 2,183 2,198 2,198 (1) on adoption of revised International Accounting Standard 19 Employee Benefits (2) excluding specific adjusting items, which comprise amortisation of acquired intangible assets and acquisition costs © Ricardo plc 2014 3 Income statement Half year ended H1 2013/14 v Year
    [Show full text]
  • Harry Ricardo – a Passion for Efficiency
    The Piston Engine Revolution Harry Ricardo – A Passion for Efficiency David Morrison Harry Ricardo, born in 1885, was a true pioneer of internal combustion engine research and development, designing and building his first practical engine from the age of 16. His early life, especially at Trinity College, Cambridge, coincided with some key embryonic developments in internal combustion engines, which had a strong influence on his research, especially the work of Bertram Hopkinson and Sir Dugald Clerk. He was passionate about energy efficiency in both his business and private life. This paper covers Harry Ricardo’s early work, experimenting with stratified charge concepts as early as 1903, leading to his work in the early decades of the twentieth century which generated internationally-renowned designs in both diesel and gasoline road vehicle combustion systems. Of these, perhaps the Comet indirect injection system for diesel engines was the most prolific and persisted in various forms well into the 1980s. A very important opportunity for the company was the early work with Shell to study the influence of fuel properties, using a Ricardo variable compression ratio engine. During his time, he had none of the powerful simulation and visualisation tools we take for granted today. He had to use his vivid imagination by trying to visualise what the airflow and fuel mixing must be like inside a combustion chamber. Significant engines up to 1950 included the Dolphin two-stroke, the Comet IDI diesel engine for the world’s first production diesel car – the Citroen Rosalie, the Rolls-Royce diesel conversion for the Flying Spray land speed record car and many developments of spark-ignition combustion systems, including the Turbulent Head.
    [Show full text]
  • The Society of Motor Manufacturers and Traders
    The Society of Motor Manufacturers and Traders InternationalInternational Automotive Automotive Summit Summit 2424 November November 2009 2009 Chief executive’s welcome I am delighted to welcome you here this afternoon to SMMT’s first International Automotive Summit. We meet at an extremely important time, having endured the most difficult economic conditions, and this event gives us the chance to look beyond the recession and recognise the opportunities that lie ahead. Across the political spectrum there is widespread recognition that the UK cannot thrive on financial services alone. Manufacturing, and particularly automotive manufacturing, has a vital role to play in a more balanced economy and will be one of the generators of jobs and prosperity in the years ahead. Government has recognised the strategic national importance of our sector and through its support for the New Automotive Innovation and Growth Team’s report, has committed to a long-term partnership with the motor industry. In terms of our future, we know the global demand for motor vehicles will return. The fast growing markets in Brazil, India and China will continue to embrace personal mobility at faster rates and the replacement cycle for vehicles in developed markets will return. But this future demand will be for cleaner, safer and more fuel-efficient vehicles that can be developed and manufactured anywhere in the world. The challenge for the UK motor industry, and the government, is how to ensure the UK retains and grows its share of the developing global market. The UK’s automotive strengths – efficiency, productivity, innovative R&D and a flexible workforce have already attracted a diverse presence of vehicle manufacturers from Europe, Japan, Malaysia, China, Kuwait, India and the US.
    [Show full text]
  • North American International Propulsion Conference September 15-17, 2021
    North American International Propulsion Conference September 15-17, 2021 sae.org/naipc THE PREMIER PROPULSION LEADERSHIP FORUM FOCUSED ON THE NORTH AMERICAN MARKET B:7.75" T:7.5" S:6.5" Ford test data based on typical industry methodology using 1-ft rollout. Your results may vary. 0 TO 60 MPH IN 3.5 SECONDS. S:8.25" T:9.25" B:9.5" FORD MUSTANG MACH-E GT PERFORMANCE EDITION DOC. NAME: FMCX0405000_Mustang_MachE_Acceleration_CMYK_7.5Wx9.25H_00.indd LAST MOD.: 7-30-2021 11:41 AM CLIENT: N/A ECD: Karl Lieberman BLEED: 9.5" H x 7.75" W DOC PATH: Macintosh HD:Users:charlie.silva:Desktop:FORD:MACH-E:FRDNPERK0337:FMCX0405000_Mustang_ MachE_Acceleration_CMYK_7.5Wx9.25H_00.indd CAMPAIGN: Mach E CD: Stuart J/Eric H TRIM: 9.25" H x 7.5" W FONTS: Ford Antenna (Bold; OpenType), Ford Antenna Cond (Regular; OpenType) BILLING #: FRDNPERK0337 CW: Eve McEnrue VIEWING: 9.25" H x 7.5" W COLORS: Cyan, Magenta, Yellow, Black MEDIA: Acceleration Magazine AD: Kelechi Mpamaugo SAFETY: 8.25" H x 6.5" W EXECUTION: 7.5 x 9.25 Mag AC: Tenaya Ende SCALE: 1" = 1" SD: Charlie Silva FINAL TRIM: 9.25" H x 7.5" W PD: Ashley Mehall PRINT SCALE: None IMAGES: FRDNSUVX0247_21_FRD_MCH_50680_GT_03_CMYK.tif (530 ppi; CMYK; Users:charlie.silva:Desktop:FORD:LINKS:FRDNSUVX0247_21_FRD_MCH_50680_GT_03_CMYK.tif; Up to Date; 75.39%) Ford_Mustang_MachE_Pony_ONLY_CyanWhite_CMYK_v2_wk.eps (Users:charlie.silva:Desktop:FORD:LOGOS:MACH-E:Ford_Mustang_MachE_Pony_ONLY_CyanWhite_CMYK_v2_wk.eps; Up to Date; 32.91%) TABLE OF CONTENTS 2 Welcome Letter 4 Event Overview 6 Executive Leadership Team
    [Show full text]
  • 16506 Ricardo P.1-24
    Ricardo Quarterly Review Delphi diesel technology. More responsive to the driver. More responsible to the planet. Delphi’s EUI and EUP products are sophisticated, electronically controlled high-pressure systems that can help everyone breathe a little easier. By managing the precise timing and fuel quantity required for each cylinder, these intelligent injection systems provide immediate responsiveness for drivers while lowering emissions and helping improve fuel economy — for all of us. Let’s work together to clear the air. Visit www.delphi.com. contents 6 Autumn 2002 8 14 16 NEWS FEATURES QUESTIONS & ANSWERS Industry update 4 Heavy duty engineering 8 Automobili Lamborghini: Fuel cell vehicles come a step closer; Emissions legislation in Europe and the US Giuseppe Greco 6 industry debates its future; truckmakers is pulling the truck industry in opposite Appointed president of Lamborghini shortly select their emission technology options; directions, forcing engineers to double-track after it was taken over by Audi in 1998, Renault’s template for tomorrow’s small car; engine development. Truck industry Giuseppe Greco tells Richard Feast about and Ricardo chief executive Rodney specialist Alan Bunting unravels the his ambitious plans to revitalise this Westhead has a welcome message regulatory maze, analyses its implications illustrious Italian marque and explains how Ricardo is pushing ahead News from Ricardo 20 of the game AB Volvo: Leif Johansson 14 Richard Parry-Jones speaks at London Now in charge of three of the world’s conference chaired by Ricardo; historic Time to market 16 leading truck brands, AB Volvo chief motorcycle runs again; Ricardo results Getting the right new model to market on executive Leif Johansson talks to Mats please the city; world’s press test i-MoGen time can mean the difference between Ekelund about the strategies he is as new website goes live; Ricardo hosts success and disaster, profit and loss.
    [Show full text]
  • Taking It To
    2006 4, Q RICARDO QUARTERLYREVIEW 100 g/km CO2 Ricardo and PSA develop world-class energy-efficient powertrain Interviews Gilles Michel, PSA technology chief Ulrich Walker, president of Smart China sourcing Don’t miss the opportunities: the mistakes that some western OEMs make Taking it to the MAX Andy Green, Ricardo and JCB clinch the world land speed record for diesel cars The Energy Saving Trust’s green fleet review has provided us with the skills and expertise needed to identify and quantify areas of cost savings, allowing us to develop a significant business case. They helped us identify hundreds of thousands of pounds worth of potential savings on transport costs and at present we are reviewing plans to purchase more fuel efficient vehicles. Ben Ross, Environmental Advisor, Bank of Ireland UK Financial Services Division If they can do it, you can too. Apply for a free green fleet review: call 0845 602 1425 or visit www.est.org.uk/transport TE426B Contents RICARDO QUARTERLYREVIEWQ4, 2006 08 17 06 20 news features 04 Industry news 08 World record engineering Paris show majors on grand touring style; Honda In August JCB broke the world land speed record for demonstrates fuel cell car; US green car ranking causes diesel cars with the slender 9-metre Dieselmax controversy streamliner, powered by Ricardo developed engines. Jesse Crosse tells the epic story of intensive 28 Ricardo news development, round the clock teamwork and eventual TVR sports car engines in development deal; major triumph programme targets world’s cleanest diesel; SULEV gasoline co-operation with Bosch; new VP of Control 17 China sourcing and Electronics Too many companies get it wrong, failing to spot opportunities, clinging to outdated ideas and questions and answers misunderstanding other cultures.
    [Show full text]
  • United Kingdom Small Company Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings Are Subject to Change
    United Kingdom Small Company Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. This fund operates as a feeder fund in a master-feeder structure and the holdings listed below are the investment holdings of the corresponding master fund. Your use of this website signifies that you agree to follow and be bound by the terms and conditions of use in the Legal Notices.
    [Show full text]
  • The New Jaguar XJ
    TheThe newnew JaguarJaguar XJXJ Calibrating the cat The hydrogen debate Which way will the world automotive industry go? Global testing Anywhere in the world, the test cell is just a mouse-click away Interviews Rick Wagoner, CEO, General Motors; Burkhard Göschel, BMW development director Summer 2003 HERE’S A REAL ONE. THE H2. LIKE NOTHING ELSE.™ HUMMER.COM Vehicle shown $50, 545 . Tax, title, license and other optional equipment extra.1 . 800 . REAL . 4WD © General Motors Corporation, 2003 . HUMMER and the vehicle’s grille design are registered trademarks of GM Corporation. contents 6 Summer 2003 20 8 16 NEWS FEATURES QUESTIONS & ANSWERS Industry update 4 Calibrating the cat 8 Rick Wagoner 6 Jaguar is lead application for innovative Jaguar’s advanced new XJ series – and As chairman and CEO of General Motors, Ford-PSA V6 diesel; new-car bugs are a how Ricardo calibration expertise helped Wagoner sits behind the most important thing of the past; hybrid future looks rosy; bring one derivative to market smoothly and desk in the auto industry. Julian Rendell Mazda rotary wins engine award; Ricardo effectively. Anthony Smith meets the asks him about vehicle development, CEO salutes Jaguar and Aston Martin Jaguar and Ricardo teams cost-saving, Fiat, Subaru, Saab and his other responsibilities News from Ricardo 23 The hydrogen debate 12 Diesel survey reveals potential in US; new It’s billed as the most important fuel for our Burkhard Göschel 20 techniques reveal HCCI combustion secrets; future, yet important questions remain BMW’s head of development and i-MoGen wins BP fleet environmental prize; unanswered.
    [Show full text]
  • Mclaren – Ricardo Annual Strategy Review
    Ricardo’s view on CAV and its implications, from Business models to Engineering challenges CAV Meetup, Shanghai April 2018 © Ricardo plc 2017 Ricardo presentation Ricardo CAV white paper overview Ricardo’s activities in CAV CLIENT CONFIDENTIAL – McLaren Automotive 1 March 2018 © Ricardo plc 2018 2 100 Years: Delivering excellence through innovation and technology A global, multi-industry, multi-discipline consultancy and niche manufacture of high-performance products The objective throughout our history has been to maximize efficiency and eliminate waste in everything we do CLIENT CONFIDENTIAL – McLaren Automotive 1 March 2018 © Ricardo plc 2018 3 Strategy for growth: Global engineering, environmental consulting and niche product manufacture … Megatrends driving focus for solutions: Climate change (Emissions and waste) Resource scarcity (Oil/water usage) Urbanization (Transport, energy, efficiency) Energy security (Renewables, bio-fuels) CLIENT CONFIDENTIAL – McLaren Automotive 1 March 2018 © Ricardo plc 2018 4 … delivering integrated and optimized solutions for future critical infrastructures Future Transport system, GPS, Gallileo & primarily electrified and Satellite Comms Fusion Heat & Power Hydro/Storage automated with integrated Wind Solar Wave personal and rapid transit connected to high-speed intercity links Incinerator/CHP Landfill Mining Materials Recycle Future Energy System features centralized and Cloud processing distributed renewable sources via an intelligent Intercity Biotech/ network with storage and Parking/Charging
    [Show full text]
  • A New Dimension
    Ricardo Quarterly Review Q1 2017 Interview Shinichi Kiga, Nissan’s variable-compression expert Nanoparticles Ricardo research shows particle emissions challenge A focus on the latest in technology, innovation and sustainability with gasoline engines too Lightweighting Ricardo ULTRAN rear drive unit: 24 percent lighter, just as efficient Ricardo Design A NEW DIMENSION Having acquired a top Italian industrial and motorcycle design group, Ricardo can now provide a fully integrated product creation service from first concepts to final production sign-off Successful product development needs hands-on engine design Ricardo o ers support in world-leading engine design, analysis and development More than 100 years of experience and research in engine design makes the Ricardo engineering team a powerful ally at all stages of product development: • Clean sheet product speci cation, • Functional and product validation • Experience across all engine applications: design and development through testing programmes delivered Range extender to production • Working together as a coherent team Motorcycle • Detailed investigative analysis with exible working solutions to Passenger car to support design and validation integrate your team with ours Commercial O - h i g h w a y • Design released directly into your • Warranty management Power generation own engineering systems and issue resolution Marine • Development for class-leading sound and vibration attributes Find out how Ricardo can help deliver your product development Email: [email protected]
    [Show full text]
  • Sustainable Vehicle Technologies: Driving the Green Agenda
    SUSTAINABLE VEHICLE TECHNOLOGIES: DRIVING THE GREEN AGENDA. Automobile Division 14-15 November 2012 Conference Gaydon, Warwickshire www.imeche.org/events/C1324 EARLY BOOKING DISCOUNTS UNTIL 10/9 Sponsored by GOLD SPONSOR SILVER SPONSOR WHY YOU SHOULD BE THERE BENEFITS OF SVT 2012’s innovative programme ATTENDANCE: examines the latest technological advances, exploring the consequences • Understand the latest of carbon dioxide reduction over the weight reduction technology using entire vehicle lifecycle. lightweight or high- Technical papers from senior industry figures will examine all strength materials aspects of the finite resources available for vehicle production, operation and recycling. • Explore alternative propulsion systems This conference maintains the high standard of presentations from including hybrids, electric the 2009 Low Carbon Vehicle conference, which focused primarily and mechanical systems on powertrain technology. SVT 2012 instead considers all areas of environmental pollution, in addition to the goals for delivering low- • Discuss hydrogen and fuel carbon vehicles. cells • Evaluate engine downsizing and power- Conference Chairman’s Message pack design Low-carbon vehicles have now moved from research concepts • Learn more about lifetime into mainstream products. This conference will address a major CO analysis concern that the life time emissions and sustainability of low- 2 carbon technologies need to show improvements compared with • Debate low CO2 processes conventional IC engines over the whole life of the entire
    [Show full text]
  • SAE World Congress & Exhibition
    SAE World Congress & Exhibition Technical Session Schedule As of 04/22/2007 07:40 pm Monday, April 16 Is the Light Duty Diesel Ready for Prime Time? Session Code: CONG70 Room FEV Powertrain Innovation Forum Session Time: 10:30 a.m. Beginning last year at the SAE World Congress, a large focus was given to diesel technology. Topics varied from where we are, how it can be implemented cost effectively, alternatives to aftertreatment, production capacity to economic relevance, just to name a few. One year later we're back to revisit light duty diesel technology and look at the successes and roadblocks readying the technology for commercialization. Will the market be ready for the estimated share increase predicted by many by the year 2015? Will the fuel infrastructure, the repair sector and the regulatory agencies be prepared for the large increase in usage? These and other challenges will be discussed by the panel of experts. Moderators - Walter S. McManus, Director-AA Division, OSAT, UMTRI Panelists - James J. Eberhardt, Chief Scientist, Office of FreedomCAR & Veh Tech, US DOE; Christopher Grundler, Deputy Dir, Off of Transp & Air Qty, US EPA; Robert Lee, VP, PowerTrain Product Engineering, DaimlerChrysler Corp.; Tony Molla, VP, Communications, National Inst. for Auto Serv Excellence; James E. Williams, Sr. Downstream Manager, American Petroleum Institute Monday, April 16 A Status Report From North America's Powertrain (NAIPC) Leadership Session Code: CONG71 Room FEV Powertrain Innovation Forum Session Time: 1:30 p.m. NAIPC is an invitation-only event where today's North American powertrain leaders come together and discuss relative topics that impact the automotive industry today and in the future.
    [Show full text]