Germans love their cars, but the “gasoline in their veins” is slowly but surely turning into electricity. The transformation of the automotive sector is both far-reaching and obvious. Almost 5,000 new all-electric vehicles were registered in Germany in October 2019. That might not sound like much compared to the total of 180,000 cars that were registered in Germany, but the rising graph of the number of registrations makes every stock corporation turn green with envy.
Compared to October 2018, the number of registrations of electric cars has increased by almost 47 percent. Thus our motorsports strategy perfectly reflects Daimler’s corporate strategy and the transformation of the automotive industry. Mercedes-AMG Petronas Motorsport will take part in Formula 1 with the most advanced hybrid drive systems in the world, and Formula E is THE racing series for electric vehicles. As a result, our involvement in Formula E is a logical and consistent step.