Home / Motor/ Formula E partners voestalpine for European races

Formula E partners voestalpine for European races


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 9 May 2018 00:00


Formula E has announced a new partnership with voestalpine – global leading technology and capital goods group – for select events next season in the ABB FIA Formula E Championship, titled the voestalpine European races.

Starting from season five, voestalpine will put its name to the European leg of the ABB FIA Formula E Championship – where the fully-electric next generation of Formula E cars make their way across the continent competing in iconic city-centre locations.

As a platform to test and develop road-relevant technologies and speed-up the mass adoption of electric vehicles on a global scale, Formula E will work closely with voestalpine to make further advancements in the field of e-mobility and assist with technology transfer.

Formula E Founder and CEO Alejandro Agag said: “Formula E is the most relevant platform to trial and test the latest technological innovations in the automotive sector and partnering with leading companies such as voestalpine allows the series to further develop in the field of e-mobility. Both brands have a shared strategic focus tailored towards dynamism, speed and creativity. I look forward to working closely with voestalpine for the European races in the ABB FIA Formula E Championship from next season and continuing to set future mobility trends.”

voestalpine AG CEO Wolfgang Eder said: “Accounting for around a third of our Group revenue, for years the automotive industry has been a key driver of innovation and growth at voestalpine. With our comprehensive automotive expertise, we see huge potential to grow faster than in the traditional segments, especially in the electromobility sector. Both Formula E and voestalpine are international pioneers when it comes to literally putting tomorrow’s technologies on today’s roads, and making them ready for series production. The aim of our partnership with Formula E is to jointly develop electromobility further, as well as to encourage technology transfer between automotive suppliers, manufacturers, and customers.”

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

A brief guide to the legal system of China

Thursday, 21 June 2018

The law of the People’s Republic of China (PRC) is officially referred to as the “socialist legal system with Chinese characteristics”. The formation and development of the socialist legal system with Chinese characteristics are compatible with


The evolution of CSR towards Creating Integrated Value

Thursday, 21 June 2018

Creating Integrated Value (CIV), a term that I coined in 2014, is a concept and practice that has emerged from a long tradition of exploring the role of business in society. It has roots in what many today call corporate (social) responsibility or CS


Let’s educate ourselves for change!

Thursday, 21 June 2018

Ordinary Level Examinations are over. Results are in. What should I be doing at Advanced Level? Science, Commerce or Arts? And what subject combinations? This always is a burning question for some and also for parents. This question is usually answe


Waluka teledrama and Yahapalana political drama

Thursday, 21 June 2018

There are several Sinhala teledramas telecast these days with passing political or social messages both constructive and humorous. The ongoing ‘Ape Ardare’ (Our Love) and ‘Sanda Eliya’ (Moonlight) may stand out, exposing the dubious nature of


Columnists More