Chinese-owned energy management giant Envision Energy has ambitions to become an active partner of a current ABB FIA Formula E Championship team.
A buy-in, should one be finalized, could also see the Envision brand feature in the naming rights of a team for future Formula E seasons.
Paddock speculation has long suggested that Envision would come into the all-electric championship as a technical partner.
E-racing365 understands that it now has ambitions to become more seriously involved by possibly buying into a team.
“It is absolutely true that Envision is interested in Formula E because it is such a good platform for us to demonstrate our capabilities,” Envision’s Executive Director Felix Zhang told e-racing365 at the Geneva International Motor Show.
“We are seeking a deal to be in Formula E. Nothing is done yet so I don’t want to talk about a specific team or teams. What I will say is that we are impressed with Formula E and aligning our brand to it.
“We are an industrial company which can offer a lot of digital solutions to Formula E teams with what they do with electrical systems.”
Envision was the first company to develop a smart turbine, which featured core smart control technology, advanced measurement methods, an expert data analysis system, active performance control and reliability-based deterministic algorithms.
The Shanghai-based company is privately-owned and was founded in 2007 by Lei Zhang.