With Audi and BMW leaving FormulaE at the end of the 2021 season due to supply chain disruptions and corporate plans, could it signal the foreshadowing of an electric future?
among other provisions for the race car. For any car manufacturer to be among the front runners, a tough decision has to be made and the pulling out of prominent players tells of its determination to remain a leading voice in the arena.
Naturally, it is easy to fault the exit of major car manufacturers from Formula E on the Covid pandemic. But neither Audi nor BMW have directly cited that as the reason for its departure, instead these companies revealed that Formula E no longer aligned with its corporate objectives.
For manufacturers like BMW and Audi, there was perhaps too much of a disparity between the technology produced for Formula E and the technology produced for its standard electric vehicles. Parts and materials to produce the batteries such as lithium, nickel and graphite are already facing supply shortages. This has been ongoing since the start of 2021, therefore increasing overall material cost.
In announcing the three-pointed star carmaker’s withdrawal from Formula E last year, Marcus Schaefer, who is Mercedes’ board member for research and development said, “Formula E has been a good driver for proving our expertise and establishing our Mercedes EQ brand. In the future, we will keep pushing technological progress — especially on the electric drive side, focusing on Formula 1.
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