Nissan’s participation in Formula E supports the company’s long-term commitment to electrification and sustainability laid out in Nissan’s Ambition 2030 plan. This acquisition is a natural step for the Japanese carmaker to take full control of its Formula E project.

Nissan entered the series in 2018 in partnership with e.dams, with both companies racing together in the all-electric championship as the Nissan e.dams Formula E team. In March 2021, the Japanese automaker announced its commitment to the Formula E Gen3 era, which will run from Season 9 (2022/23) through to the end of Season 12 (2025/26) of the series.

The change in ownership and new management structure will take place with immediate effect. Tommaso Volpe, general manager Nissan Formula E, will also become managing director at e.dams.

Nissan races in the single-seater all-electric world championship aiming to bring the excitement and fun of zero-emission electric vehicles to a global and diverse audience. As part of its goal to achieve carbon neutrality across its operations and the life cycle of its products by 2050, Nissan intends to electrify all its new vehicle offerings by the early 2030s in key markets. The Japanese automaker aims to bring its expertise in transferring knowledge and technology between the Formula E racetrack and road for better electric vehicles for customers.