PSA Peugeot Citroen to enter Formula E with Virgin Racing
Move To Promote EVs Comes From CEO Carlos Tavares
According to Autosport, the French automaker – which runs the Peugeot, Citroen and newly emancipated DS brands – is said to be joining the series in partnership with the Virgin Racing team. That would strike us as a rather good choice, considering that Virgin has already won its first race and currently sits third in the championship standings. First and second places are held at present by the e.dams and Abt teams, which are supported by rival automakers Renault and Audi, respectively. Other automakers like Mercedes and Volvo are said to be eying participation in the series as well.
PSA's move is reportedly being undertaken at the initiative of its chief executive Carlos Tavares, who engineered Renault's participation in the series when he was still COO at the rival French automaker. The question now is which brand Tavares and company will choose to promote through its Formula E initiative.
Starting next year, participating automakers will be allowed to develop their own powertrain, including the electric motor, inverter, gearbox and cooling system. The transition is earmarked to serve as a midpoint from the current spec-racer regulations and completely open development.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models