logo
ABB and Formula E extend partnership after successful season 11

ABB and Formula E extend partnership after successful season 11

Time of India7 days ago
Formula E (Image credit: Formula E)
After a successful Season 11, ABB and Formula E have announced that they will continue their partnership in the upcoming season. This gives ABB another opportunity to promote its new brand positioning via the ABB FIA Formula E World Championship, along with technologies that help industries take a cleaner route.
How do Formula E and ABB work together?
Over a period of eight seasons, the partnership with Formula E has provided ABB a platform to showcase how technology can help industries outrun challenges, engage with customers around the world, and implement its own solutions into the series to improve reliability and efficiency. The partnership extension will provide a year-round opportunity for brand-building and activation, communicating ABB and its technology solutions to new global audiences, including Formula E's international fanbase.
ABB and Formula E will also join hands to engage a new generation of fans, collaborating with unexpected influencers and content creators to tell compelling stories that make advanced electrification and automation technologies tangible and exciting.
The end of the mid-race car swap, a 150kW increase in power, top speeds that are 43 percent higher, and energy recovery increasing from 15 to 50 percent indicate how far Formula E technology has come to outperform on track.
ABB has also built on its technical involvement in the series, supplying the race chargers from Season 9, and introducing its ABB Ability OPTIMAX® energy management software (Season 9) and Uninterruptible Power Supply (UPS) technology (Season 5) to the sport.
What do ABB and Formula E say about the partnership?
ABB Head of Brand Paco Liebrand said, 'We are pleased to be continuing our partnership with Formula E which, like ABB, is striving for a leaner and cleaner future.
The synergy between the two organizations, combined with the global appeal of the Championship, makes it a great platform to promote our brand positioning.'
He further said, 'Formula E is increasingly working with content creators, influencers, and celebrities, with initiatives such as the Evo Sessions making an impact through digital channels beyond the racing itself, which is also an essential part of ABB's new brand strategy.
Going forward, we will be enhancing the way we harness the benefits of this collaboration, ensuring the focus is on delivering content and activations that reinforce our new messaging, build familiarity, and tell the 'Engineered to Outrun' story.
'
Formula E Chief Revenue Officer Tiziana Di Gioia said, 'Our renewed partnership with ABB is a testament to the commercial power and benefit of Formula E as a global platform that drives both brand and business growth.
ABB, like our wider partnership portfolio, has and continues to see enormous value in collaborating with the fastest-growing motorsport on the planet, with viewership, commercial integration, and brand storytelling continuing to accelerate.
Over eight seasons, ABB has moved from brand visibility to brand activation—integrating deeply into the fan experience, the sport's ecosystem, and our innovation narrative.
Also Read:
Antonio Felix Da Costa shares happy memories as Porsche wins Formula E Teams and Manufacturers' World Championships
'This next chapter elevates the partnership even further. With ABB's new positioning, we are co-creating opportunities across content, digital storytelling, and market engagement, transforming a title partnership into a year-round, value-generating relationship. It's a model of how modern sponsorships should evolve, rooted in purpose and cultural alignment but measured by impact,' she added.
Formula E Season 12 will begin with testing in Valencia in October.
Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Despite near-term concerns, analysts upbeat on ABB India's stock
Despite near-term concerns, analysts upbeat on ABB India's stock

Business Standard

time6 hours ago

  • Business Standard

Despite near-term concerns, analysts upbeat on ABB India's stock

ABB India (ABB) suffered a miss during the April-June quarter (Q2) of CY25 due to higher competitive intensity and new quality control order (QCO) guidelines. Weakening order inflow may also impact operations, going forward. However, ABB gained share in base orders in Tier III and IV cities and is well-placed to benefit from a return of investment. It could remain a market leader despite competition. ABB India's Q2CY25 (the company has a December year ending) results disappointed with order inflows down 12 per cent year-on-year (Y-o-Y). For Q2CY25, revenue grew by 12 per cent to ₹3,170 crore, while earnings before interest, taxes, depreciation and amortisation (Ebitda) fell by 24 per cent to ₹410 crore and PAT slipped 20 per cent to ₹350 crore. Ebitda margin was down 610 basis points (bps) at 13 per cent. Electrification revenue growth was strong, but other segments were weak. Gross margin declined 350 bps quarter-on-quarter (Q-o-Q) and 470 bps Y-o-Y. The Ebitda margin contracted 620 bps Y-o-Y to 13 per cent with sharp contraction in electrification and robotics & motion segments, which were affected by competitive pricing and forex loss. Order inflows were down 12 per cent at ₹3,040 crore. Base orders formed ₹3,020 crore (up 5 per cent). The order book moved to ₹10,060 crore. The company expects a revival in the second half of CY25. Ebitda margin decline was due to contraction in the electrification and motion segments. Forex fluctuations worth ₹56.5 crore were recognised due to Euro and Swiss franc appreciation. Also, in order to adhere to the QCO implementation timeline, ABB India had to import a lot of components, resulting in higher impact of forex fluctuations and larger inventories. ABB may have to rely on importing for a few more quarters for certain components. Electrification segment saw 23 per cent Y-o-Y revenue growth in Q2CY25, while earnings before interest, taxes (Ebit) margin declined 700 bps Y-o-Y to 16.1 per cent due to higher import content and a one-time impact of ₹39.5 crore. Order inflow declined 4 per cent owing to high base. Demand remains strong across renewables, data centres, smart buildings, and infrastructure. PBIT margin recovery is a key monitorable. In motion & robotics, revenue growth was healthy but order inflows were weak despite rising adoption. Robotics revenue grew 181 per cent, margins contracted to 6.5 per cent (14.6 per cent in Q2CY24) and order inflow dropped 24 per cent to ₹120 crore. In motion, revenue inched up 1 per cent, and order inflows declined 17 per cent. Analysts expect sharp margin recovery. Process automation remained under pressure as both order inflows (down 12 per cent) and revenue (down 22 per cent) declined. But Ebit margin held up at 17.2 per cent (16.2 per cent in Q2CY24), supported by good service mix, operational efficiencies, and project closures. ABB expects near-term pressure to persist. The company remains a market leader and its execution momentum is intact. The order book ensures revenue visibility over the next six quarters. The management says the overall pipeline has not reduced but is facing delays in decision making and there is increased Chinese competition in process automation and heavy industries. Valuations are always high for ABB and it's trading about PE 60 times on trailing 12-month earnings. Given margin pressures, there could be valuation downgrades and certainly cuts to EPS targets. But once QCO implementation is over, ordering may ramp up. Investors may also worry about slow order inflows, pricing pressures, supply chain issues, and geopolitical risks. However, many analysts remain positive on the stock.

Norman Nato shares July dump from Formula E and Endurance Championship but his daughter steals the show
Norman Nato shares July dump from Formula E and Endurance Championship but his daughter steals the show

Time of India

time8 hours ago

  • Time of India

Norman Nato shares July dump from Formula E and Endurance Championship but his daughter steals the show

Norman Nato has been making the most of the long break after the end of Formula E Season 11. He was recently spotted chilling with Nissan teammate and Formula E championship winner Oliver Rowland. Tired of too many ads? go ad free now Nato has now shared a bunch of candid pictures to show a glimpse of how he spent July with his family, friends, and on the track. But it is his daughter who is the star of his post. Norman Nato shows a glimpse of his friends and family Norman Nato shared the bunch of pictures with just a one-word caption: 'July.' He did add emojis of a Formula E car, sun, octopus, lemon, and camera to hint at the July mohod. The star of the pictures was his baby girl, as he spent several candid moments with her, including one from the races. Car racer Will Stevens commented on the post, 'Good collection this month.' Nato replied to him sarcastically, 'First time you deserve to be in my carousel.' Another racer, Alex Lynn, wrote, 'This love.' One more racer, Tom Blomqvist, commented, 'Proud I made the cut.' Racer Sean Gelael wrote, 'NN Style.' Nissan also reacted to the post with raising hands emojis. How Norman Nato spent his July Norman Nato participates in both Formula E and the Endurance Championship. He races for Nissan in Formula E and had a disappointing season this time. In the last race, however, he finished ninth and eleventh at the London double-header. The French racer finished in 20th place in the Driver Sandings with just 21 points. He did win a pole this season. His teammate Oliver Rowland had the best season ever, as he went on to win the Formula E World Championship. The two, however, can celebrate Nissan finishing third in the Teams and Manufacturer Championship. Tired of too many ads? go ad free now Summing up Formula E Season 11, Nato had written a small note on Instagram along with a few pictures. He wrote, 'That's a wrap for Season 11 of @fiaformulae. Top 3 in the team and manufacturer championship. Big congrats to my mate @oliverrowland1 for a very impressive season. Massive thanks to all the team for the hard work. Merci @nismo.' Also Read: He did very well in the Endurance Championship. He races for Cadillac Hertz Team Jota in the Hypercar category. He had skipped the Berlin E-Prix to participate in the Endurance Championship. He won the Sao Paulo edition of the Endurance Championship this season and currently stands third.

Maximilian Gunther spends time with girlfriend Anaju Dorigon, reflects on a mixed ride this season
Maximilian Gunther spends time with girlfriend Anaju Dorigon, reflects on a mixed ride this season

Time of India

time11 hours ago

  • Time of India

Maximilian Gunther spends time with girlfriend Anaju Dorigon, reflects on a mixed ride this season

Maximilian Gunther with girlfriend Anaju Dorigon (Image credit: Instagram) Maximilian Gunther had a topsy-turvy ride in Formula E Season 11 with two wins and six retirements out of 16 races. The DS Penske driver, however, chooses to count only the positives and looks determined for the upcoming season. The German driver still put up a decent performance this season as he finished in 10th position in the Formula E Championship, which saw many new winners and pole sitters. At present, Gunther is spending most of his time with girlfriend Anaju Dorigon. Maximilian Gunther sums up Formula E Season 11 Maximilian Gunther shared a post after the last race of the season in London. Sharing a few pictures from the ExCeL Circuit, Gunther wrote, 'We really gave it our all yesterday. Starting from P2, we had everything to play for, but having the Full Course Yellow and Safety Car at the same time as both of our Attack Modes very much compromised our strategy. At the end, P7 was the best we could do. Thank you @ds_penske_fe and @dsperformance for an unforgettable season with wins, poles, and everything in between. We are only just starting!' Maximilian Gunther spending time with girlfriend The pictures also included one of Maximilian Gunther with his girlfriend Anaju Dorigon, who was present in London to cheer for the DS Penske driver. Anaju Dorigon is an actor and social media influencer. She occasionally posts pictures with Maximilian Gunther from their outings on Instagram. She recently celebrated her birthday and shared a picture with Gunther from their birthday date. It showed Gunther sitting by her side as she blew a firecracker candle placed on a small cake. She wrote along with it, 'A few from these days! There were so many beautiful messages, how lucky I am to share this journey with you.' She also shared a glimpse of her and Gunther's red carpet appearance at a gala in London. Also Read: Dan Ticktum plays piano, reveals reason for learning: 'I will not elaborate for fear of being arrested' Maximilian Gunther's performance in Formula E Season 11 Maximilian Gunther had mixed results throughout Formula E Season 11. He registered a win in Jeddah and then in Shanghai. But otherwise, he couldn't finish even among the top five in any of the remaining races. He had to retire from as many as six races this season. He still managed to take 10th position in the 2025 Formula E Driver Standings. He tied with Cupra Kiro driver Dan Ticktum, who earned similar points this season. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store