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R&D Priorities

Deals/Contracts/Partnerships

  • 1

    Ricardo wins contract with STX Engine to develop a new heavy duty engine for the defence sector. Ricardo will apply its high efficiency and low smoke combustion system experience to ensure that the new engine can meet the desired high power density, with desired fuel consumption and durability targets.

    Q4(Oct-Nov-Dec), 2021

  • 2

    Ricardo wins contract with LS Automotive Technologies to develop DC-DC converter for EVs. It converts direct current from high voltage battery to the low voltage direct current which powers vehicle lights, fans, pumps, wipers, and electronic control units

    Q3(Jul-Aug-Sep), 2021

EIIR Provider Solutions/Capabalities

  • 1

    Ricardo has received Government funding to optimise in-car thermal and energy management systems to improve electric vehicle range and battery performance with the aim of increasing electric vehicle range by 5% while reducing overall cost by 10%. Ricardo will partner with Jaguar Land Rover and use a Jaguar I-PACE as a demonstrator vehicle.

    Q4(Oct-Nov-Dec), 2021

EIIR Buyer GIC/R&D Best Practices/Solutions

  • 1

    Southwest Airlines has committed more than $1 billion of its annual operating budget to maintaining and upgrading IT systems. The investment is part of a 5-year strategic plan.

    Q1(Jan-Feb-Mar), 2023

  • 2

    Engineering challenges with panoramic sunroof lead to class action lawsuit on Mercedes-Benz.

    Q1(Jan-Feb-Mar), 2023

  • 3

    Engineering challenges with panoramic sunroof lead to class action lawsuit on Mercedes-Benz.

    Q1(Jan-Feb-Mar), 2023

  • 4

    Volkswagen Group and Xanadu establish quantum simulation program for battery materials. Accurate and efficient simulation of battery materials is an industry-wide challenge that could benefit from the arrival of fault-tolerant quantum computers.

    Q4(Oct-Nov-Dec), 2022

  • 5

    Five technologies Toyota is working on are: Hydrogen Fuel Cells, (Hyper) Active Safety, Hitchless Towing, HMI, Hydrogen Trucking.

    Q3(Jul-Aug-Sep), 2022

  • 6

    Collins Aerospace today announced its Perigon computer will be the first certified aviation solution to use the Intel Atom x6400E processor. To bring advanced capabilities like single pilot and autonomous operations to life, future aircraft will require an order of magnitude increase in onboard computing power. Supported by Intel?s Atom x6400E, Perigon will deliver 20 times the processing power of Collins? existing flight control computers.

    Q2(Apr-May-Jun), 2022

  • 7

    R&D Priorities of Tyre Industry are: performance, safety, quality, processability, recyclability, regulatory compliance, supply chain adequacy, localization of the supply source, carbon footprint, social responsibility, all while reducing time to market

    Q3(Jul-Aug-Sep), 2021

  • 8

    Continental works with manufacturers on EV-specific commercial tires. The tires must not only have a low rolling resistance but also withstand heavier loads than tires for comparable ICE vehicles and they should last just as long and meet the same safety requirements as ICE truck tires.

    Q3(Jul-Aug-Sep), 2021

  • 9

    Network Rail and ProRail has awarded a contract to a consortium led by Thales to develop and trial Fibre Optic Acoustic Sensing (FOAS) technology along with IoT, CCTV, Analytics to support improvements in safety and performance on the railway. The four areas of operational challenges on the railway:Train movement and position reporting, Rail and wheel defects, Level crossing safety management, Detecting trespass and people on the trackside

    Q3(Jul-Aug-Sep), 2021

  • 10

    Honeywell Forge Flight Data Analytics Platform is now used on more than 3,000 aircraft to increase fuel savings and operational efficiencies. Some of the ways the platform helps operators and pilots include: Efficient flight paths, Historical information on airports, Adjusting flight path for changing variables

    Q1(Jan-feb-Mar), 2021

  • 11

    Continental Vision 2030.: Smart digital tire solutions and sustainability goals are major focus areas.

    Q4(Oct-Nov-Dec), 2020

  • 12

    Sandvik Mining and Rock Technology in an effort to speed up rock drill innovations, has opened a new Rock Drills Innovation Center in Tampere, Finland.R&D priorities in drilling technology: 1. Reliability: durability and endurance testing is most important. 2. Productivity. 3. Operating cost per meter.

    Q4(Oct-Nov-Dec), 2020

Other News

  • 1

    JP Morgan is increasing its tech spend to $12 billion to compete with fintechs. In 2020, its tech spend was $9.5 billion. Tech spend includes modernization, data strategy, product operating model and top talent.

    Q1(Jan-Feb-Mar), 2022

  • 2

    Renault has developed transformation plan Renaulution which will target reduction in R&D and Cape from current 10% to 8%. Other aspects is reducing platforms, reducing design time and reducing manufacturing capacity apart from focusing on profitable segments.

    Q1(Jan-feb-Mar), 2021

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Pareekh Jain

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This data is based on secondary research and our estimates. If you find any discrepancy please write to info@eiirtrend.com

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