The Coventry-based firm at the forefront of autonomous vehicle development has its sights set on a big year ahead.
RDM offers its global customer base access to the latest automotive technology solutions, supporting them with ground up vehicle design, development and manufacturing services.
Miles Garner, Sales and Marketing Director, tells us how they’re doing.
How did the company perform last year in comparison to the previous 12 months and what do you put this success down to?
We finished 2017 slightly up on the previous year, which under the Brexit uncertainty enveloping the automotive sector, was a good result.
Our business is based around innovation and delivering solutions that very few companies can offer, so a lot of the time we can avoid the cost pressures forced down on the rest of the supply chain.
Looking forward, what are your plans for the next 12 months and beyond? How do you see the business growing?
2018 is a massive year for our business. At home, the UK Autodrive trials will take place in Milton Keynes, with up to 40 of our pods autonomously working their way around the pavements of the town.
We also have a number of international trials that will kick-off, including a retirement village in Australia and at an airport in Canada. The media attention on these projects will be huge and could lead into more commercial opportunities for the business.
What is underpinning this growth? What do you put it down to?
Leading the UK in driverless last mile technology and being the only UK company (and one of a few in the world) who can provide a ‘one-stop shop” driverless vehicle solution, including development of autonomous control systems.
Are there any particular milestones or developments you’re expecting to reach this year? If so, what will they mean for the business?
At the end of this year, we complete the UK’s biggest trial of driverless vehicle testing to date. This has given us the knowledge and opportunity to develop a production line and technology that will now be used to take customer orders for vehicles and services, resulting in a significant increase in revenues over the next two years.
How do you feel your company’s growth ambitions compare to the industry as a whole and why?
It’s all about first to market and we invested early in the driverless revolution meaning we are leading the UK’s technology charge in this field.
What, if any, effect has Brexit had on the business and is your outlook positive or negative?
The majority of interest in our driverless vehicle technology is coming from outside the EU. We have recently opened offices and secured local government-backed trials in Australia, Canada and the US.