Nissan confirms Formula E entry, Renault to exit

Nissan confirms Formula E entry, Renault to exit

Nissan has confirmed it will enter Formula E from the 2018-19 season. Renault’s exit from the race event will create the passage for the Nissan entry.

The Japanese automobile company on has revealed its plans to enter the electric single seater series. The formal announcement was made on Wednesday at the
Tokyo Motor Show.

An official announcement of Renault’s exit from the competition is expected soon.

Nissan and Renault are part of the same motorsport group and discussions have been ongoing for some time about replacing the French marque in FE with the Nissan brand, according to an Autosport report.

Nissan is a major player in the electric vehicle industry, with its LEAF the best-selling EV in the world, and will become the first Japanese motor manufacturer to compete in the series.

It will take over FE’s most successful operation by virtue of e.dams’ trio of teams’ titles, two of which came as the works Renault team.

Daniele Schillaci, executive vice president of global marketing and sales, zero-emission vehicles and battery business, and chairman of Nissan’s management committee for Japan, Asia and Oceania, said it provided a “global platform” to share its electric mobility strategy.

The exit will help Renault to focus on its Formula 1 team, which is in the second season of its revival.