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Formula E and SABIC enter into long-term partnership

Formula E and SABIC, a global chemical industry leader, have announced a long-term sponsorship and innovation partnership, to be launched with the title sponsorship of the double-header of the SABIC London E-Prix 2022 at ExCeL London, July 30 and 31.

The partnership will see Formula E and SABIC together drive electrification and sustainability through the power of the world’s largest electric motorsport series.

“We are delighted to partner with Formula E,” said SABIC Vice President and CEO Yousef Al-Benyan. “Our sponsorship will lead to global visibility of the SABIC brand within a relevant, exciting and growing global sports platform. Additionally, we intend to work closely with Formula E to integrate our sustainable solutions into their ecosystem and operations. »

“This provides SABIC with a unique opportunity to transfer our innovations from Formula E to the broader automotive and electric industries, benefiting our customers and partners and demonstrating our ability to support the global transition to electric vehicles and a brighter future. sustainable.”

Formula E Founder and Chairman Alejandro Agag said: “We welcome SABIC to the ABB FIA Formula E World Championship. The 2022 SABIC London E-Prix is ​​the start of a progressive and innovative partnership that will positively impact our mission to drive sustainable human progress through the power of electric racing.

The partnership provides SABIC with the world’s largest electric motorsport series single platform to enable commercial engagement and reach partners across the automotive and electric vehicle value chains. It also builds on BLUEHERO™, the company’s initiative to support the shift to electric power, with the provision of automotive polymer materials, solutions and capabilities for the optimization of EV battery systems.

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