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Ricardo signs strategic cooperation MoU with China’s Great Wall Motor Company

Ricardo has signed a strategic cooperation Memorandum of understanding (MoU) with China’s Great Wall Motor Company to work together on a range of new products.

The collaboration with Ricardo builds upon Great Wall Motor Company’s stated “3-high” strategy, through which the leading Chinese automaker aims to deliver a range of products featuring high levels of performance, luxury and technology. Among the first product programs to benefit from this collaboration with Ricardo will be powertrain products including an advanced technology gasoline engine and 6-speed dual clutch transmission (DCT).

The MoU between the companies was signed by Chairman Wei Jianjun of Great Wall Motor Company and Ricardo CEO Dave Shemmans. Commenting on the execution of the MoU with Ricardo, Chairman Wei Jianjun.

Great Wall Motor Company is an ambitious organization with an extremely impressive forward development strategy that aims to establish the company with a future line-up of world-class products. Ricardo looks forward to helping Great Wall achieve its ambitions in this area, supporting the company on a range of state-of-the-art, technology-rich programs. This collaboration is a further demonstration of Ricardo’s commitment to assist China’s automakers by providing the very latest in advanced technology and innovation, along with best in class product development processes.

—Ricardo CEO Dave Shemmans

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