Nov 29, 2015
Charge, an automotive start-up that develops revolutionary range-extended electric powertrains for buses and commercial vehicles, has today announced that it will partner with Formula E, the fully-electric car racing series, to provide support to Formula E’s race events, both the FIA Formula E Championship and associated ‘Roborace’ for autonomous cars.
Charge will be on hand throughout the Formula E championship season as the official electric truck partner to provide trucks and equipment for the pre-race drivers’ parade, for the event of accidents when it will assist with the emergency recovery of racing vehicles and for the transportation of visitors of the Formula E championship around the E-Village and its facilities.
Denis Sverdlov, Founder of Kinetik, said: “Formula E, and its associated Roborace with its ground breaking technology, is a celebration of the exciting developments that are transforming the automotive industry at the moment and this partnership is another sign that Charge is at the forefront of these developments”.
He added: “I passionately believe that, in the near future, all of the world’s vehicles will be powered by electricity, thus transforming the environment and road safety. This championship will humanise the technological revolution by introducing an element of dynamic competition that can be shared with millions of people around the world. I am proud that Charge is helping make this a reality.”
Charge R&D, a revolutionary new UK automotive business, is the first UK investment made by Kinetik, a new US$500m international investment company which focuses on innovative, fast growing businesses (www.kinetik.vc). Charge has its own development teams in the areas of vehicle design and software engineering. Charge R&D is based at the hi-tech Whiteways Technical Centre in Oxfordshire UK.
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