Alejandro Agag: The Fast and the Futuristic
One day every car will be electric. So believes Alejandro Agag, founder and CEO of Formula E, the world's first fully-electric racing championship.
The rules of Formula E are strictly controlled. Manufacturers can produce (and innovate) their own powertrains – motor, gearbox, suspension etc. – but there is a spec chassis and battery, meaning spending is reduced and there is less chance of one team having a significant advantage.
Earlier this year, they unveiled the Gen2 racing car, something Agag described as “a new era in electric racing”. Designed to be used for the next three seasons, the car has almost double the energy storage capacity and the range of the current car, enabling teams and drivers to complete a full race at higher speeds, without making a mid-race car swap. The ‘race to road’ technology transfer that has resulted from this design evolution is already visible in cars like Aston Martin’s RapidE concept car that integrates Formula E’s battery technology, the NIO EP9 or, most recently, the Jaguar I-PACE.
“Formula E is more than just a race, it is part of the electric revolution in the motor industry and that’s how we will have an impact on the world,” says Agag. “We have a mission that will make our society cleaner and better for future generations. Our vision is that one day, every car in the world will be electric. But to achieve that, you need to provide a practical solution; that’s where we come in.”