Andrew Forrest’s Fortescue is now a software firm as well
London | Fortescue has signed a deal to sell battery performance software to Jaguar Land Rover for its electric vehicle fleet, a milestone in Andrew Forrest’s plan to turn his company into a global energy conglomerate serving non-Fortescue customers.
The deal involves a Fortescue unit formerly known as Williams, which was best known as a Formula 1 race car outfit. Dr Forrest bought it two years ago to design truck batteries and “gravity trains” for his mine sites.
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