TE Connectivity and Andretti Technologies Team up to Advance Technology in Autosports and Electric Vehicles
— Technology partnership supports all Andretti racing teams including the global FIA Formula E Series
BERWYN, Pennsylvania, June 26, 2015 – TE Connectivity Ltd. (NYSE: TEL), a global leader in connectivity, announced today that it has been named a lead partner to Andretti Technologies, the technology incubation and advanced engineering business of Andretti Autosport.
TE is the leader in connectivity and sensor solutions to the autosport industry, providing products that perform reliably in the extreme conditions that motorsports require. The groundbreaking technology partnership will leverage TE’s expertise in sensors and connectors, including its DEUTSCH Autosport range of products, AST sensors and Raychem cable and wire. Using motorsports and racing as a testing ground for new technologies, the partnership is expected to accelerate development in several areas including the battery, electric motor, inverter and chassis.
The partnership includes an Andretti Technologies Formula E test car, which will feature the global brand colors of TE Connectivity. The test car and test program will provide a platform for both companies to develop and test new technologies in a racing environment to prove and promote clean energy and sustainability.
“TE’s connectivity and sensor products are critical to unleash advancements in technology that improve electric vehicle distance and performance,” said Rob Shaddock, executive vice president and Chief Technology Officer, TE Connectivity. “We are proud to work in close collaboration with Andretti Technologies to develop the next generation of electric vehicle technology.”
“We are very excited about the new partnership between Andretti Technologies and TE,” said Roger Griffiths, director of Motorsport Development, Andretti Technologies. “We believe we have found a company that not only matches our passion for innovation and engineering in the arena of electrified vehicles but also shares our competitive spirit on the track too. A relationship that originally started on the racetrack in Indianapolis and has grown ever since, we are very proud to have TE continue to be part of the Andretti family.”
The FIA Formula E Championship aims to represent a vision for the future of the motor industry, serving as a framework for R&D around the electric vehicle, accelerating general interest in these cars and promoting clean energy and sustainability.
ABOUT ANDRETTI TECHNOLOGIES
The advanced technology arm of racing enterprise Andretti Autosport, Andretti Technologies was founded in early 2015 with the primary focus of developing dynamic and sustainable clean-energy solutions. Building on the foundation of racing heritage and intense competition, the Michael Andretti-led outfit is dedicated to using the experiences of yesterday to help shape a better tomorrow. Andretti Technologies strives to meet the future transportation needs of an ever evolving and more complex world. For updates and developments in the “Technologies” world, follow via Twitter with @AndrettiTech.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a $14 billion global technology leader. Our connectivity and sensor solutions are essential in today’s increasingly connected world. We collaborate with engineers to transform their concepts into creations – redefining what’s possible using intelligent, efficient and high-performing TE products and solutions proven in harsh environments. Our 80,000 people, including 7,500 design engineers, partner with customers in over 150 countries across a wide range of industries. We believe EVERY CONNECTION COUNTS – www.TE.com.