(Alliance News) - Stellantis NV announced Wednesday that it has entered into a partnership between its racing division with a subsidiary of U.S. technology giant Intel for Formula E.
Under the agreement, Stellantis Motorsport and Intel Automotive will work to accelerate the development of Formula E-specific technologies in the electric series.
Stellantis Motorsport, which has been involved in the ABB FIA Formula E World Championship with DS Automobiles since 2015 and Maserati since 2022, is looking for innovation in electric technology.
Stellantis Motorsport has selected Intel as a key technical partner to develop its next-generation inverter control, a key component of DS Automobiles' and Maserati's GEN3 Evo single-seaters, Stellantis said.
The company noted that the inverter plays a crucial role during an FE race, where any efficiency gain turns into a valuable competitive advantage. It is responsible for controlling the electric motor using battery power but also for recovering energy during braking phases.
The new inverter control leverages Intel's advanced semiconductor technology and software expertise to optimize power delivery and improve overall vehicle performance.
Jack Weast, Intel Fellow, vice president and general manager of Intel Automotive, said, "Formula E is a highly competitive test bed for electric vehicle technology."
"Our partnership with Stellantis Motorsport allows us to push the limits of performance and efficiency in a demanding real-world environment, ultimately driving innovation that will benefit future electric vehicles for all."
Stellantis stock is down 2.7 percent at EUR12.43 per share.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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