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Reuters
Reuters
Business

Nissan commits to electric Formula E until end of 2026

FILE PHOTO: Nissan Motor Corp. displays the company's Formula-E car at their showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato

Nissan will stay in Formula E until at least the end of 2026, the all-electric championship's only Japanese manufacturer announced on Wednesday.

Formula E is due to introduce its next generation of more powerful and faster cars for its ninth season starting in 2022-23.

"We aim to design and build electric vehicles that transform the way communities connect and move, and inspire us all to work towards a sustainable society," Nissan's chief operating officer Ashwani Gupta said in a statement.

"For Nissan, Formula E helps us bring excitement, energy and the environment to the forefront as we deliver this vision of the future to an ever-growing, new, young and diverse audience."

Nissan has said it intends to electrify all of its new vehicle offerings by the early 2030s.

Formula E started its 2021 season with two races in Saudi Arabia at the end of February.

Renault entered the inaugural Formula E championship before the team were re-branded Nissan in 2018, with Swiss driver Sebastien Buemi finishing as runner-up that season.

Citroen's DS brand and India's Mahindra have also committed until 2026.

(Reporting by Alan Baldwin, editing by Pritha Sarkar)

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