EVs need oil company to run smoothly, just not in the way you might think.
Shell’s presence in motorsport may well be most famously associated with Formula 1, but it has also grown its presence with strategic partnerships in the ABB FIA Formula E Championship.
The Nissan e.dams squad is aligned to Shell in an official partnership and the energy company is also the strategic partner for the Mahindra Racing squad.
The various fluids Shell has made are targeted at e-motor cooling, thermal battery management, and the cooling of the inverter.
On the face of it, the presence of a traditional oil company in FE sounds like a strange combination, but Shell has shifted itself to become an energy company.
It now produces more natural gas than it does traditional oil (53% compared to 47%) and at the Berlin E-Prix, Shell launched a new range of e-fluids in what it described as a “major milestone” for the company.