Mahindra commits to Formula E through 2030 to advance EV technology

Mahindra will stay in Formula E through at least 2030, positioning the Gen4-era commitment as a route to develop EV software, powertrain efficiency and engineering talent for future road vehicles.

— Source published Sat, 15 Aug, 2026, 11:40 IST · First seen Sat, 15 Aug, 2026, 11:43 IST · Source ET Small Business

What happened

Mahindra & Mahindra · Mahindra will remain in Formula E through at least 2030, using racing to develop EV software, powertrain efficiency and engineering talent

Key facts

  • Committed to Formula E Gen4 until at least 2030
  • Gen4 begins in 2026-27
  • Five podiums in Season 11
  • Fourth in the Season 11 teams' championship
  • Four pole positions for Edoardo Mortara
  • 215 points in Season 3

Why this matters

Mahindra’s Gen4 Formula E strategy increases the appeal of partnerships or acquisitions in battery management, power electronics, vehicle software and engineering talent that can transfer from track development to production EVs.

What to watch

  • Mahindra announcements linking Formula E-derived software or powertrain technology to named production EVs.
  • Launch timing, pricing, bookings, delivery volumes and quality performance of Mahindra electric SUVs.
  • Formula E Gen4 technical regulations, supplier choices and Mahindra Racing's competitive results from 2026 onward.
  • Mahindra's EV R&D spending, automotive margins and capital-allocation commentary.
  • Hiring activity in battery engineering, vehicle software, controls, data analytics and power electronics.
  • Connect Formula E engineering programmes to specific road-vehicle subsystems, especially battery management, inverter software, regenerative braking and energy-efficiency algorithms.
  • Use the 2030 commitment in EV marketing, dealer communications and talent recruitment, particularly around forthcoming electric SUV launches.
  • Expand partnerships with battery, semiconductor, simulation and software suppliers that can convert race-derived learnings into scalable production technology.
  • Publish selective evidence of technology transfer, such as efficiency improvements, software features or engineering processes adopted in production vehicles.