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Saudi PIF, Formula E Announce Driving Force Global Partnership Providing STEM Education
Saudi PIF, Formula E Announce Driving Force Global Partnership Providing STEM Education

Asharq Al-Awsat

time11-04-2025

  • Automotive
  • Asharq Al-Awsat

Saudi PIF, Formula E Announce Driving Force Global Partnership Providing STEM Education

The Public Investment Fund (PIF) and Formula E have announced their Driving Force partnership, 'Driving Force Presented by PIF,' a groundbreaking educational program focused on science, technology, engineering, and mathematics (STEM) learning and sustainability. Driving Force Presented by PIF is a multi-dimensional learning program designed to engage and inspire students aged 8 to 18 to shape the future of mobility through interactive workshops, hands-on learning experiences, and digital resources. With in-person workshops taking place across the United States, Saudi Arabia, and the United Kingdom and a comprehensive online learning program, the program will impact more than 50,000 students worldwide, marking its largest expansion since its launch in June last year. Debuting in south Florida ahead of the April 12th Miami E-Prix, the program demonstrates PIF's commitment to advancing sustainable mobility, made possible through E360, its first-of-its-kind partnership uniting Formula E, Extreme H, and E1 electric powerboat racing. By inspiring the next generation of engineers, innovators and sustainability leaders, PIF is shaping the future of electric motorsport and sustainable technology. 'Since introducing the PIF E360 partnership last year, Formula E and PIF continue to look for opportunities to make a positive, real-world impact,' said Formula E, Extreme H, and E1 founder and chairman Alejandro Agag. 'Driving Force Presented by PIF is an example of how PIF is not only elevating motorsports but also inspiring the next generation of talent through STEM education which plays a crucial role in inspiring future motorsport talent in sustainable mobility and green technology.' PIF Head of Corporate Brand Mohammed AlSayyad said: "PIF is committed to supercharging the growth and transformation of electric motorsport, and through our partnership with E360, we are collaborating with our partners to accelerate progress, maximize impact, and deliver powerful unified programs. For the first time, we are bringing together Formula E, Extreme H and E1 to expand the Driving Force program and drive transformative impact by empowering youth who are the innovators of tomorrow.' Driving Force Presented by PIF started at Keys Gate Charter School in Miami and included a hands-on workshop packed with active learning for up to 90 students. The aim of the program is to provide access and opportunity for young people to explore a STEM career in motorsport and sustainability. Supercharging Future Mobility Driving Force Presented by PIF also marks the start of 'Supercharged,' PIF's transformative campaign focused on driving innovation and global progress through E360, which aims to redefine the future of electric racing and drive technological innovation while leading the way in green technological innovation that will be the cornerstone of future electric mobility.

Saudi PIF and Formula E launch global STEM education initiative ahead of Miami E-Prix
Saudi PIF and Formula E launch global STEM education initiative ahead of Miami E-Prix

Arab News

time10-04-2025

  • Automotive
  • Arab News

Saudi PIF and Formula E launch global STEM education initiative ahead of Miami E-Prix

MIAMI: Saudi Arabia's Public Investment Fund and Formula E announced on Thursday the launch of Driving Force Presented by PIF, an educational initiative designed to empower the next generation of engineers, scientists, and sustainability leaders. The announcement comes ahead of this weekend's Miami E-Prix. The initiative will roll out in schools across the US, Saudi Arabia, and the UK, offering hands-on STEM and sustainability education to students aged 8 to 18. Combining in-person workshops with digital resources, the program aims to engage more than 50,000 students globally by the end of 2025. The first session took place on Thursday at Keys Gate Charter School in South Florida, where up to 90 students took part in interactive workshops designed to ignite their curiosity in motorsport, engineering, and green technology. The debut aligns with PIF's broader mission of accelerating the development of sustainable electric mobility through its E360 partnership, which unites three high-profile electric racing series: Formula E, Extreme H, and E1 electric powerboat racing. Alejandro Agag, founder and chairman of Formula E, Extreme H and E1, praised the initiative's scope and ambition. 'Since introducing the PIF E360 partnership last year, Formula E and PIF continue to look for opportunities to make a positive, real-world impact,' he said. 'Driving Force Presented by PIF is an example of how PIF is not only elevating motorsports but also inspiring the next generation of talent through STEM education, which plays a crucial role in the future of sustainable mobility and green technology.' Mohammed Al-Sayyad, head of corporate brand at PIF, echoed the sentiment. 'PIF is committed to supercharging the growth and transformation of electric motorsport, and through our partnership with E360, we are collaborating with our partners to accelerate progress, maximize impact, and deliver powerful unified programs,' he said. 'For the first time, we are bringing together Formula E, Extreme H and E1 to expand the Driving Force program and drive transformative impact by empowering youth who are the innovators of tomorrow,' he added. The launch of Driving Force also marked the beginning of 'Supercharged,' a new PIF campaign designed to amplify innovation and sustainability through the E360 platform, with a focus on driving technological advancement and positioning green innovation at the heart of future mobility solutions.

PIF and Formula E announce Driving Force global partnership ahead of Miami E-Prix, providing STEM education opportunities for youth
PIF and Formula E announce Driving Force global partnership ahead of Miami E-Prix, providing STEM education opportunities for youth

Zawya

time10-04-2025

  • Automotive
  • Zawya

PIF and Formula E announce Driving Force global partnership ahead of Miami E-Prix, providing STEM education opportunities for youth

Will inspire future generations to shape the future of mobility, engaging more than 50,000 students by the end of 2025 Supports PIF's leadership in advancing electric mobility through its unprecedented E360 partnership uniting Formula E, Extreme H and E1 electric powerboat racing MIAMI – PIF and Formula E today announced their Driving Force partnership, 'Driving Force Presented by PIF,' a groundbreaking educational program focused on STEM learning and sustainability. Driving Force Presented by PIF is a multi-dimensional learning program designed to engage and inspire students aged 8 to 18 on shaping the future of mobility through interactive workshops, hands-on learning experiences and digital resources. With in-person workshops taking place across the US, Saudi Arabia and the UK, and a comprehensive online learning program, the program will impact more than 50,000 students worldwide, marking its largest expansion since its launch in June last year. Debuting today in South Florida ahead of the April 12th Miami E-Prix, the program demonstrates PIF's commitment to advancing sustainable mobility, made possible through E360, its first-of-its-kind partnership uniting Formula E, Extreme H and E1 electric powerboat racing. By inspiring the next generation of engineers, innovators and sustainability leaders, PIF is shaping the future of electric motorsport and sustainable technology. Alejandro Agag, Founder and Chairman of Formula E, Extreme H and E1 said: 'Since introducing the PIF E360 partnership last year, Formula E and PIF continue to look for opportunities to make a positive, real-world impact. Driving Force Presented by PIF is an example of how PIF is not only elevating motorsports but also inspiring the next generation of talent through STEM education which plays a crucial role in inspiring future motorsport talent in sustainable mobility and green technology.' Mohammed AlSayyad, Head of Corporate Brand at PIF, said: 'PIF is committed to supercharging the growth and transformation of electric motorsport and through our partnership with E360, we are collaborating with our partners to accelerate progress, maximize impact, and deliver powerful unified programs. For the first time, we are bringing together Formula E, Extreme H and E1 to expand the Driving Force program and drive transformative impact by empowering youth who are the innovators of tomorrow.' Driving Force Presented by PIF Driving Force Presented by PIF kicked off at Keys Gate Charter School in Miami and included a hands-on workshop packed with active learning for up to 90 students. The aim of the program is to provide access and opportunity for young people to explore a STEM career in motorsport and sustainability. Supercharging Future Mobility Driving Force Presented by PIF also marks the start of 'Supercharged,' PIF's transformative campaign focused on driving innovation and global progress through E360. E360 aims to redefine the future of electric racing and drive technological innovation while leading the way in green technological innovation that will be the cornerstone of future electric mobility. About PIF PIF is the investment engine driving economic transformation for Saudi Arabia and the world. With an ambitious program to deliver Vision 2030, PIF invests in projects, companies and partners to diversify the Saudi economy, stimulate growth in every major sector, and create new opportunities for investment and employment. And as a global investor and catalyst of change, PIF actively partners with the most pioneering organizations across the world to accelerate their growth, and transfer the technology and knowledge needed to build industry ecosystems of the future. Since 2017, PIF has established 103 companies and is driving the transition to a more sustainable economy through strategic investments and partnerships across the Saudi public and private sector. PIF is laying the foundations for local and international partners to invest in the economic and societal transformation of Saudi Arabia. About Formula E and the ABB FIA Formula E World Championship: As the world's first all-electric FIA World Championship and the only sport certified net zero carbon since inception, the ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world's most iconic cities providing an elite motorsport platform for the world's leading automotive manufacturers to accelerate electric vehicle innovation. The Formula E network of teams, manufacturers, partners, broadcasters, and host cities are united by a passion for the sport and belief in its potential to accelerate sustainable human progress and create a better future for people and planet. About ABB: ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and more than 105,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).

Meet the former 'floating White House' where presidents escaped 'the tension' of DC: 'An important purpose'
Meet the former 'floating White House' where presidents escaped 'the tension' of DC: 'An important purpose'

Yahoo

time31-01-2025

  • Politics
  • Yahoo

Meet the former 'floating White House' where presidents escaped 'the tension' of DC: 'An important purpose'

Here's something you may not know about former President Jimmy Carter: He ended the expensive custom of each president getting access to a lavish luxury yacht. Carter, who died several weeks ago at age 100, was facing a tough economy when his term began in 1977. Meanwhile, the yacht cost $800,000 a year to staff and maintain, making the infamous "floating White House" an unnecessary burden, according to Slate. Downsizing a large, costly vehicle that was unessential to transportation should not come as a surprise from Carter. Do you think America is in a housing crisis? Definitely Not sure No way Only in some cities Click your choice to see results and speak your mind. After all, his presidency was one of the most forward-thinking terms of all time when it came to the environment and energy consumption. For example, he secured the largest preservation of land in the nation's history — over 157 million acres in Alaska — and set ambitious clean energy goals for the time, according to E360. The exact yacht at the time of Carter's term was the USS Sequoia, which was first bought during the Herbert Hoover administration in 1931. It was enjoyed by eight presidents, along with foreign leaders, families, and friends during each term, until Carter sold it in 1977, per Slate. During its years in action, the boat became the backdrop of many pivotal moments, such as nuclear arms policy talks, war strategy plans, debates with lawmakers, and even a hiding place during scandals, Slate explained. More festive times were also had on the boat, from fishing and riding around the Potomac River to poker nights and birthday celebrations. To former Secretary of State Henry Kissinger, the yacht served "an important purpose in enabling presidents to escape the claustrophobic tension of the White House," per Slate. The boat was designated as a National Historic Landmark in 1987. Since then, it changed hands multiple times and eventually fell into disrepair. Now, an investment group is undergoing a lengthy restoration process to reassert the boat's place in history, this time as a floating venue, museum, and teaching center in Maryland, according to Slate. "Its permanent home will be on the water," said owner Michael Cantor, per Chesapeake Bay Magazine. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.

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