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Formula E, Voestalpine Partner To Accelerate Adoption of Electric Vehicles

The all-electric race car league Formula E announced a partnership with Austrian tech and capital goods company Voestalpine on Tuesday to collaborate on new technologies in hopes of accelerating mass adoption of electric vehicles.

Voestalpine, which makes steel-based products and systems for technology-intensive industries such as automotive, will serve as a partner for certain ABB FIA Formula E Championship races in Europe for an initial two-year period starting with the 2018/2019 season (Formula E’s fifth season). The races it sponsors, expected to take place in major cities such as Paris, Berlin, Rome and Monte Carlo, will be named “voestalpine European Races.