Published on December 3rd, 2017 | by James Ayre0
Mahindra & Renesas Form Strategic Formula E Partnership
December 3rd, 2017 by James Ayre
The prominent auto manufacturer Mahindra & Mahindra has formed a new strategic partnership with the semiconductor supplier Renesas Electronics Corporation based around the development and manufacturing of electric vehicle tech and “Advanced Driver Assistance Systems” in India, according to a new press release.
Notably, the new strategic partnership sees Renesas join up as the official technology partner of the Mahindra Racing Formula E team. The 4th season of the Formula E racing series just began, as a reminder…
As part the deal, the two firms will be cooperating on a number of different programs — including various “proof of concepts” of racing and possible production cars.
The Managing Director at Mahindra & Mahindra Limited, and also the Chairman of Mahindra Racing UK, Pawan Goenka, commented: “We are delighted to welcome Renesas as a key technical partner of the Mahindra Racing Formula E team as we start the fourth season of racing. Formula E is helping to grow Mahindra’s EV technology and expertise, and this new strategic partnership with Renesas will only help to accelerate our learning curve. We look forward to working with Renesas and leveraging their automotive semiconductor expertise as we increase our thrust in Formula-E and continue to play a pioneering role in the fast growing Indian EV market.”
The press release provides a bit more: “As the leading global automotive semiconductor supplier, Renesas includes EVs as one of their core automotive businesses and develops comprehensive solutions for them around its Renesas autonomy Platform introduced earlier this year. Renesas autonomy is an open, innovative and trusted platform which aims to accelerate the development of self-driving electric and connected vehicles for consumer adoption. It includes core technologies that are essential in the development of EVs, including motor and inverter control systems and battery management.”
As some further background here, Mahindra Racing is one of the 10 founding FIA Formula E Championship teams, and the only team to be based out of India. Building on its success in season 3 with the M3Electro race car, Mahindra has created the new M4Electro race car for season 4.