Ab Dynamics PLC (LON:ABDP) CEO Tim Rogers talks to DirectorsTalk about the recent announced changes to the board. Tim explains what these changes mean for the company, why now, a successor, board strengthening and the position the company is now in to move forward.
AB Dynamics plc also announced today that it has received its largest ever order for driving robots. The order has been received from the China Automotive Technology and Research Center (CATARC), a leading Chinese research organisation based in Tianjin. AB Dynamics is a longstanding supplier to CATARC, which has previously bought a number of driving robots, a Guided Soft Target and a Suspension Parameter Measurement Machine from the UK-based automotive testing specialist.
The new order allows CATARC to expand its track-based testing capabilities to include the latest China-NCAP test protocols and to perform a wide range of other international standard tests as required by its clients. CATARC is the leading organisation in China for the testing of Intelligent and Connected Vehicles and has already invested nearly 100 million yuan in its track-based testing and simulation capabilities.
Tim Rogers, CEO of AB Dynamics, commented: “We were delighted to receive this strategically-important order from one of our key Chinese customers. CATARC is a benchmark in the Chinese car industry and we appreciate the confidence that it has placed in AB Dynamics and its products. With the new suite of driving robots and the Guided Soft Target which will be delivered later in 2017, CATARC has positioned itself as a major player in global vehicle safety testing business.
“AB Dynamics has focused on offering a comprehensive suite of test equipment covering lab-based and test track which works together in synergy. Customers appreciate the fact that our products have been designed from the outset to work together seamlessly.”