Mahindra Gets Involved In EV Racing
Mahindra
Group has formed an electric racing division and signed an agreement
with Formula E Holdings to become the eighth team to join the new FIA
Formula E Championship.
Calling it “Mahindra Racing,” joining the new zero emission series
was a natural step for the Mahindra Group, said the Mumbai-based
company, as it already is a major global force in the development and
production of electric vehicles through its Mahindra Reva Company.
“We strongly believe that Formula E can provide an excellent global
showcase for our electric vehicle technology,” said Anand Mahindra,
chairman and managing director of Mahindra Group. “With advanced
operations and expertise in electronics , IT, automotive technologies
and manufacturing, we are already seeing the fusion of this technology
into our electric vehicle operations. Racing will further accelerate
that trend while Formula E is set to raise awareness globally about the
benefits of electric vehicles.”
Mahindra said it is no stranger to international motor sport, with
Mahindra Racing already established within the two-wheeled world of the
MotoGP World Championship.
Mahindra Racing Formula E Team will now be put forward to the FIA for
final approval as the eighth team to enter the championship.
Mahindra Racing joins in the Formula E championship IndyCar outfits
Andretti Autosport and Dragon Racing, Asia’s China Racing and Super
Aguri and European squads Drayson Racing, e.dams and Audi Sport ABT.