Porsche Commits to Formula E Until 2030

Porsche has announced its commitment to the all-electric Formula E championship until at least 2030. This move comes before the series returns to China after a four-year gap due to COVID-19. Porsche joins Nissan and Jaguar in confirming long-term involvement in the sport.

Porsche will stay in the all-electric Formula E championship until at least 2030, the German manufacturer and series organisers said on Thursday. The announcement comes ahead of the series' return to China, after a four year absence due to the COVID-19 pandemic, with two races in Shanghai this weekend.

Porsche have now committed for seasons 13 to 16 and the next generation of GEN4 cars to be introduced from 2026-27. Rivals Nissan and Jaguar have already confirmed their long-term involvement in Formula E. "Right from the outset, we regarded our Formula E commitment as long-term. The evolution of racing vehicles shows how much development potential there is in e-mobility," said Porsche board member Michael Steiner.

"We want to glean even more knowledge from Formula E that we can transfer to our road sports cars."