333 Racing is the fifth Formula E team to commit to the Gen3 era of the electric racing series, which begins in its ninth season, following commitments from Porsche, Nissan, Mahindra and DS Automobiles.
The Chinese manufacturer is owned by Shanghai Lisheng Racing and has a technical partnership with Chinese EV company NIO. 333 Racing introduced its latest drivetrain ahead of season seven this year driven by the NIO 333 Formula E Team
Vincent Wang, CEO of Nio 333 FE Team, said: “We have experienced the development of Formula E since its inception and now, as it blossoms into an FIA World Championship, we welcome the evolution into its third generation.” He explained that: “We joined many meetings with the FIA and Formula E regarding the Gen3 technical roadmap when we joined the Formula E family as 333 Racing last year.”
Formula E and the FIA are working on a new car for season nine. The Gen3 should bring greater performance and efficiency including more powerful, lighter cars, faster charging and cost controls.
Jamie Reigle, Chief Executive Officer of Formula E, said: “The team has made a strategic decision to build their own powertrain and control their competitive destiny.”
The Nio 333 FE Team is the only Chinese operation on the grid. The team has been competing in the championship since the inaugural Formula E season, then known as China Racing. They won the first FIA Formula E Drivers’ Championship with Nelson Piquet Jr. This year the team has already scored four points finishes.