FTI Signed Strategic Partnership Agreement with Plante Electric Vehicle Company

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 Forming Technologies

Forming Technologies Incorporated 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 the Best in Class around the world for their industry training programs. For information visit the company’s website at www.forming.com.


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