NIO 333 Racing announced that NIO and the 333 Racing Formula E Team has committed to the Gen3 racing era of the FIA Formula E World Championship.
The next generation of the all-electric racing series will showcase progress in both performance and efficiency. Gen3 evolution will bring benefits including more powerful, lighter cars, faster charging and cost controls. This growth will not only ensure that Formula E remains the most future conscious FIA World Championship series, but also the most exciting for its fans around the world.
CEO of NIO 333 Formula E Team, Vincent Wang comments:
We have experienced the development of Formula E since its inception and now, as it blossoms into an FIA World Championship, we welcome the evolution in to its third generation. We joined many meetings with the FIA and Formula E regarding the Gen3 technical roadmap when we joined the Formula E family as 333 Racing last year. We are delighted to join the list of manufacturers that will continue in the series and we expect to see further change as Formula E develops; metabolism is the objective law of development.
Formula E is still the best new-energy racing series featuring sustainable development, worldwide influence and is at the forefront of electric mobility technology innovation – we at NIO 333 Formula E Team are extremely proud to continue to be part of it.
Jamie Reigle, Chief Executive Officer of Formula E, said:
333 Racing Team confirming their intention to compete in the Gen3 era is fantastic news and further evidence of Formula E’s unique position as a global sport, technology proving ground and marketing platform. The team has made a strategic decision to build their own powertrain and control their competitive destiny. We look forward to working with the NIO 333 Formula E Team to develop the next phase of the ABB FIA Formula E World Championship. As a Chinese owned and operated team, 333 Racing will further our ambition of accelerating a shift to electric mobility in China and beyond.
Source: Formula E