Energy & PowerAug 10, 2026

RICARDO

Company Profile Analysis

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Year Founded & Workforce

1914-12-31

2,901 Employees

Industry

Energy & Power

Services

RICARDO Overview

Company Headquarters: UK

Founded: 1915

Workforce: 2901

Company Working: Ricardo delivers consulting services as well as a solution built on sustainable technological innovation. The company server is the 8 key market segments: automotive, aerospace & defense, financial services, energy utilities, and waste, public and government sectors. The company serves various markets such as aerospace and defense, energy, utilities, and waste, automotive, maritime, industrial, and manufacturing, rail and mass transit, and financial services. The company offers services such as strategic consulting, environmental consulting, technical consulting, niche production, and assurance and testing. The solution offered by the company includes corporate sustainability, energy decarbonization, air quality and urbanization, policy, strategy and economics, emerging mobility, water management, rail independent assurance, propulsion system engineering, rail engineering and operation, powertrain system production, defense system engineering, and driveline production.

Strategy

Ricardo aims to strengthen its business segments through strategic contracts & agreements and mergers & acquisitions. Furthermore, its strong alliances with several large multinational companies in the global market enable the company to accelerate its growth. Additionally, it is expanding its presence in emerging markets by adding new technologies to its portfolio to capture new revenue pockets. It aims to enhance its product portfolio through innovation and investments, which will help it take advantage of new opportunities in the powertrain segment.

Company Snapshot

$441.5M

Revenue

2,901

Employees

1914-12-31

Founded

Headquarters

Key Developments

Date	Approach	Development
July 2017	New Product Development	Ricardo developed an electric vehicle BMS to optimize the performance of both existing and next-generation battery chemistries. This has helped the company expand its battery business in the automotive industry.
September 2019	Product launch	Ricardo has developed a scalable electric drive unit for future EVs. The unit provides state-of-the-art power as well as torque density.

Product Offering

RICARDO
- Technical Consulting
- Performance Products
- E-Gear Multispeed Transmission

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles RICARDO as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Younghwan Choi

Senior Retail Manager, LG Chem

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Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

RICARDO

Company Headquarters: UK Founded: 1915 Workforce: 2901 Company Working: Ricardo delivers consulting services as well as a solution built on sustainable technological innovation. The company server is the 8 key market segments: automotive, aerospace & defense, financial services, energy utilities, and waste, public and government sectors. The company serves various markets such as aerospace and defense, energy, utilities, and waste, automotive, maritime, industrial, and manufacturing, rail and mass transit, and financial services. The company offers services such as strategic consulting, environmental consulting, technical consulting, niche production, and assurance and testing. The solution offered by the company includes corporate sustainability, energy decarbonization, air quality and urbanization, policy, strategy and economics, emerging mobility, water management, rail independent assurance, propulsion system engineering, rail engineering and operation, powertrain system production, defense system engineering, and driveline production.

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