IEDC Partners with Avalanche Andretti Formula E

IEDC Partners with Avalanche Andretti Formula E

Avalanche Andretti Formula E announced a partnership with the Indiana Economic Development Corporation (IEDC), to increase global awareness about Indiana’s leadership in the future of clean energy technology, and our support of Indiana-based businesses.

As a collective, Formula E continues to be a catalyst for change and a pioneer in the industry to tackle climate change through the transition to clean energy. Formula E is the first sport to be net zero carbon from inception, signing up to certified Science-based Targets and ensuring the sport’s ecosystem and partnerships are directly aligned to nine of the 17 UN Sustainable Development Goals.

“The partnership with Avalanche Andretti Formula E amplifies Indiana’s leadership at the intersection of the battery technology, automotive manufacturing, and racing,” said Indiana Secretary of Commerce Brad Chambers. “This initiative fits squarely within our commitment to invest in solutions for the future of mobility and positions Indiana as a global leader in sustainable technology.”

In May, the partnership will take center stage at the inaugural Indiana Global Economic Summit which will convene international business executives, industry leaders and foreign dignitaries in the heart of the U.S. Taking place in conjunction with the world-renowned 106th Running of the Indianapolis 500, the Summit will showcase the state’s leadership in transformative ideas and solutions to complex global challenges.

“Partnering with the Indiana Economic Development Corporation is a natural fit for Avalanche Andretti Formula E. Not only does IEDC represent Indiana – the U.S. home of Andretti Autosport – but the focus of the partnership fits the purpose-driven environment of Formula E and our desire to innovate and excite race fans through motorsports,” said Michael Andretti, CEO and Chairman of Andretti Autosport. “Being able to put Indiana on a global stage is a great opportunity for us, and the IEDC in their mission to continue to progress and shape the state’s future.”

The partnership is a natural extension of Indiana’s long history in the advanced energy storage sector, particularly in electric and hybrid vehicle technology development.  In the 1990’s, GM’s advanced powertrain division in partnership with Delphi Electronics developed the battery behind the first modern electric vehicle, the EV1. Today, Indiana supports the future of energy and energy storage through partnerships like the Battery Innovation Center (BIC), a collaborative initiative that focuses on the rapid development, testing and commercialization of energy storage systems for defense and commercial customers. This support has led to projects from companies such as Toyota, Honda and Cummins committing to building their next generation electric and hybrid technologies in Indiana.

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