Add Volvo to the growing number of automakers looking into increasing its presence into Formula E. Word from Motorsport indicates that the Swedish automaker is currently evaluating its involvement in the new electric racing series with its own performance division Polestar. There’s no concrete plan on what this all means, but considering that Volvo already participates in the Formula E Manufacturers’ Advisory Group, an “increased presence” likely means becoming an electric powertrain supplier to incumbent teams or launching its own team altogether.
Volvo’s reported interest in increasing its involvement in Formula E isn’t a new occurrence in the fledgling racing series. In recent months, other automakers have expressed similar sentiments. That list includes BMW and Nissan, both of which have also expressed interest in joining Formula E, as per a report from Autosport back in July 2016. Neither company have specified their respective intents on the matter, but it’s worth noting that BMW is also part of the same advisory group as Volvo. The German automaker, together with Rimac, also provides support vehicles in the series, including the i8 Safety Car.
In the event that Volvo does launch a bid to field its own racing team in Formula E, it would join Renault, Peugeot-Citroen, Audi, Jaguar, and Mahindra on the grid in future seasons. That doesn’t include BMW and Nissan, both of whom have their own respective issues to deal with before it can fully jump on board and join the growing electric racing series.
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