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The ABB FIA Formula E World Championship is about bringing the thrill of all-electric racing to as many people as we can, on city-center circuits around the world. But more than that, it is a showcase for how smart technology and solutions can help optimize, electrify and decarbonize in the global race for the energy transition.
As the championship advances from Mexico to London, we will highlight initiatives from ABB and its partners which will help them on their journey to a lower-carbon future across the power, industry, transport and building sectors.
ABB’s relationship with China dates back to 1907, when it delivered a steam boiler to the country. Fast forward to 2024 and there are approximately 15,000 ABB employees in China, across nearly 130 cities. China is ABB’s second-largest market, with 85% of sales generated from locally manufactured products, solutions, and services.
The country’s global influence drives economic and energy trends across the world. As the International Energy Agency (IEA) notes in its 2023 World Energy Outlook: “China has shaped trends across many parts of the energy sector in recent years.”
While China is the world’s largest producer and consumer of coal, and a major consumer of oil and gas, it is also the largest user in the world of many clean energy technologies. China is aiming to hit peak emissions before 2030 and reach carbon neutrality by 2060.
ABB is supporting many Chinese industries and businesses with their energy transition and on these pages we highlight some of the most notable projects and collaborations.
Di Grassi has competed in Formula E since the beginning and was champion in Season 3. This year he made the move from Mahindra Racing to ABT Cupra. His high-profile engagement in sustainability and e-mobility topics make him an ideal partner for ABB as we work together on projects that drive sustainable progress and address the climate challenge.
Sébastien Buemi has competed in ABB Formula E since it began in 2014, winning the drivers’ championship in Season 2. He has switched from Nissan e.dams to Envision Racing last season and with 13 wins, holds the joint record with fellow ambassador Di Grassi for the most victories in Formula E. He continues this season as part for Envision Racing in ABB Formula E and as an ABB ambassador, to help the company convey its key values around e-mobility and sustainability.
In season 7, Nyck de Vries was named World Champion with two wins, four podiums and 99 points. After a year away from the Championship as he took on the challenge of Formula 1, Nyck has returned to the electric series to contest his fourth season in the sport with his new team, Mahindra Racing.