BMW ending involvement in Formula E, says it has exhausted opportunities for tech transfer
04 December 2020
BMW Group will end its involvement in the ABB FIA Formula E World Championship at the end of the coming season. BMW has consistently supported the Formula E project from the beginning, and has enjoyed victories and podiums with the BMW i Andretti Motorsport team. BMW Group has always used Formula E as a tech lab for production.
The same engineers who develop the drivetrains for electric production vehicles are also responsible for the drivetrains in the race cars. Examples of the successful transfer of technology between the Formula E project and production development include new findings regarding energy management and energy efficiency, the transfer of software for power electronics from racing to production, and an improvement in the power density of the e-motors.
However, when it comes to the development of e-drivetrains, BMW Group has essentially exhausted the opportunities for this form of technology transfer in the competitive environment of Formula E.
Furthermore, the strategic focus of BMW Group is shifting within the field of e-mobility. In the future, greater emphasis will be placed on the comprehensive scaling of the offering and global production.
BMW Group plans to have put one million electric vehicles on the roads by the end of 2021. The goal is to increase this figure to seven million by 2030, of which two-thirds will be fully-electric.
Audi also recently announced it would leave Formula E. (Earlier post.)
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