FTI Signed Strategic Partnership Agreement with Plante Electric Vehicle Company

28 June 2016
President & CEO of Forming Technologies Inc. Mr. Michael Gallagher and CEO of Plante Electric Vehicle Company Mr. Guofu Wang signed a strategic partnership agreement. In this agreement FTI will provide a customized, world-class Design and Costing system for the Car Body of Plante’s electric vehicles.

The launch of the H car will be the first application of this system. Plante is a new EV OEM wholly owned by Chaowei Power Holdings Ltd, China. Chaowei Power is one of the largest battery manufacturers in Asia, publicly traded in HKG since 2010.

This strategic signing ceremony was witnessed by the Canadian Consul & Trade Commissioner Ms. Katrin Spence. This event marks a significant step towards FTI’s continuous efforts in creating and promoting ‘green’ solutions for its global customers.
About Hexagon’s Manufacturing Intelligence Division

Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.

Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon’s Manufacturing Intelligence division provides solutions that utilise data from design and engineering, production and metrology to make manufacturing smarter.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 employees in 50 countries and net sales of approximately 3.8bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

About Forming Technologies

Forming Technologies is the world’s leading developer of computer-aided engineering software for design and simulation of sheet metal components. Since 1989, FTI has provided OEMs and suppliers in the automotive, aerospace and appliance industries with innovative software and training solutions designed to reduce development time and material costs. FTI has trained over 12,000 engineers in formability and die design and is considered best in class around the world for its industry training programs. 

For information visit the company’s website at www.forming.com.

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