The entry is at least a year away and could be longer.

Formula E is booming with manufacturer support, and Aston Martin is tentatively considering entering the open-wheel electric racing series, too, according to company CEO Andy Palmer.

"We don't have an electric car yet, but we will have in 2019. You can imagine the two coming together. I love Formula E," Palmer told Automotive News Europe in an interview.

Palmer isn’t quite ready to make the jump until there’s major change in how Formula E sets up its races. "For me, the use of the two cars reinforces the range anxiety," he told Automotive News Europe. After this element changes, the company might consider making the move into the series. This points to Aston Martin entering the series as soon as the 2018-2019 Formula E season when the racers get batteries that remove the car-swap requirement.

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If Aston Martin joins Formula E, it would raise the question whether Red Bull would have any involvement, too. The two firms have quite a close relationship at the moment, including Aston Martin as title sponsor for Red Bull Racing for the 2018 Formula One Season. Plus, Red Bull contributed engineering help for the Aston Martin Valkyrie hypercar.

Aston Martin would compete against major automakers, if it joins Formula E. Jaguar and Renault have an established presence in the series. Plus, Audi has a full factory entry for the next season. In the near future, Mercedes and Porsche will have cars in the championship, too. 

Aston Martin is also about to take a tentative step into the consumer electric vehicle market with the RapidE sedan. The vehicle is more of a road-going experiment than a Tesla Model S rival, though. Aston Martin only plans to build 155 units of the RapidE, and they would only go to the firm’s most loyal clients, according to Automotive News Europe. Input from these folks would contribute to the creation of an EV that would have wider availability.

Source: Automotive News Europe

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