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Ricardo plc

@ricardo.com

Ricardo is a global strategic, environmental and engineering consultancy at the intersection of transport, energy and global climate agendas.

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About

Description

Ricardo plc is a global engineering and consulting company based in the United Kingdom. It was founded in 1915 by Sir Harry Ricardo, a renowned engineer and inventor. Originally focused on internal combustion engines, Ricardo plc has evolved over the years to become a leading provider of engineering solutions for the transportation, energy, and industrial sectors.


The company is headquartered in Shoreham-by-Sea, West Sussex, UK. Spread across multiple buildings, the headquarters houses various departments including engineering, research and development, sales, and administration. Its location offers convenient access to major transportation links, allowing for seamless global operations.


Ricardo plc offers a wide range of products and services, covering the entire product lifecycle. Its core offerings include engineering consultancy, software solutions, and prototype manufacturing. The company specializes in areas such as powertrain development, low carbon technologies, electric vehicles, and autonomous systems.


With a global presence, Ricardo plc operates in numerous countries across the Americas, Asia, and Europe. It has established several subsidiaries, joint ventures, and partnerships to strengthen its global reach. Some noteworthy subsidiaries include Ricardo Defense Systems, Ricardo Strategic Consulting, and Ricardo Performance Products.


In terms of market position, Ricardo plc holds a prominent position within the engineering and consulting industry. It is well-regarded for its technical expertise and experience, making it a preferred choice for clients worldwide. The company has a strong competitive advantage in sectors such as automotive, renewables, and defense.


Over the years, Ricardo plc has achieved several milestones and received recognition for its contributions to engineering. In 2019, it was awarded a Queen's Award for Enterprise in the category of Innovation, highlighting its dedication to technological advancements. The company has also made various strategic acquisitions and investments to enhance its capabilities and expand its service offerings.


As of the company's current status, the latest updates indicate that Ricardo plc continues to grow and innovate in response to changing industry needs. It remains at the forefront of emerging technologies and has made significant investments in areas such as electrification and digitalization. With a strong global presence and a solid reputation, the company is well-positioned to capitalize on future opportunities in the engineering and consulting sector

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