NIO 333 is the latest Formula E team to confirm it will continue in the series as the championship enters the Gen3 era.
NIO, under various names, has been in the championship since the inaugural season. Under the name NEXTEV, it brought Nelson Piquet Jnr to the title in Season 1, and has since gone through various name and ownership changes.
Last season, Chinese manufacturer 333 Racing joined the team. The manufacturer now commits to Formula E’s Gen 3, which will get underway in Season 9.
“We have experienced the development of Formula E since its inception and now, as it blossoms into an FIA World Championship, we welcome the evolution into its third generation,” said NIO 333 FE Team CEO Vincent Wang.
“We joined many meetings with the FIA and Formula E regarding the Gen 3 technical roadmap when we joined the Formula E family as 333 Racing last year. We are delighted to join the list of manufacturers that will continue in the series and we expect to see further change as Formula E develops; metabolism is the objective law of development.
“Formula E is still the best new-energy racing series featuring sustainable development, worldwide influence and is at the forefront of electric mobility and technology innovation – we at NIO 333 Formula E Team are extremely proud to continue to be part of it.”
333 Racing is the fifth manufacturer to commit to Gen 3, joining Mahindra, DS Automobiles, Nissan, and Porsche on the list of manufacturers set to race in Season 9. McLaren also has the option to join the grid for the 2022-23 season.
“333 Racing Team confirming their intention to compete in the Gen 3 era is fantastic news and further evidence of Formula E’s unique position as a global sport, technology proving ground and marketing platform,” said Formula E CEO Jamie Reigle.
“The team has made a strategic decision to build their own powertrain and control their competitive destiny. We look forward to working with the NIO 333 Formula E Team to develop the next phase of the ABB FIA Formula E Word Championship. As a Chinese owned and operated team, 333 Racing will further our ambition of accelerating a shift to electric mobility in China and beyond.”