ABB FIA Formula Electric World Championship lands in Shanghai, showcasing outstanding energy efficiency

After five years, the All Electric Formula One Racing Championship has returned to China

On and off the field, ABB technology and solutions help reduce emissions and improve efficiency

China is ABB's second largest global market, and ABB is committed to playing an important role in China's energy transformation and industrial upgrading process

The ABB FIA Formula Electric World Championship will return to China, making its first visit to the Shanghai International Circuit, bringing a feast of passion and speed to the audience.

At that time, 22 drivers will compete on a 3.05-kilometer long track with 12 bends. The design inspiration for its track layout comes from the Chinese character "up", symbolizing a positive and enterprising spirit.

ABB China Chairman Gu Chunyuan said, "The return of the ABB FIA Formula Electric World Championship to China is very encouraging. Since its first competition held in Beijing in 2014, ABB Formula Electric has continued to showcase the infinite potential of electrification and sustainable transportation to the world.". In China, ABB actively promotes industrial upgrading and energy transformation, providing leading power and automation solutions for numerous projects, helping them improve electrification levels, enhance energy efficiency, and reduce carbon emissions

In the previous season, ABB showcased its innovative ABB AbilityTM OPTIMAX ® The energy management software solution is applied to the FE Formula Electric World Championship, helping to significantly improve the energy efficiency of the competition venue. Outside the arena, this technology is also applied to a wider range of industrial and energy fields. A renowned university located in the Guangdong Hong Kong Macao Greater Bay Area is fully tapping into the energy cost advantages of local power plant steam supply, cold storage, and peak valley electricity prices at different time periods when constructing a comprehensive campus energy station. Dynamic optimization technology is used to create a multi energy complementary operation mode of centralized cooling. ABB OPTIMAX ® dynamically predicts load demand through weather forecasts and optimizes energy supply in real-time to balance cooling demand in an economical manner.

China is ABB's second largest global market, accounting for 14% of ABB Group's 2023 sales revenue. Since 1992, ABB has invested over 3 billion US dollars in China. ABB's major investments in recent years include the Shanghai ABB Robotics Super Factory, ABB Electric Transportation China Headquarters, and ABB Xiamen Industrial Center, providing strong support for China's energy transformation and industrial upgrading.

The ABB Xiamen Industrial Center's "Green Microgrid" project is a model of green and low-carbon energy transformation. By implementing ABB's global "Zero Emission Vision Plan," the project can reduce carbon emissions by 13400 tons per year. The center has ABB's globally leading production line for medium and low voltage switchgear and circuit breakers, and has achieved approximately 50% green power substitution through the installation of 100000 square meters of photovoltaic panels.

ABB also helps Beijing Beikong Environmental Protection Co., Ltd. improve energy efficiency and reduce emissions in the new waste incineration power generation project in Zhangjiagang Venous Technology Industrial Park. The efficient frequency converter provided by ABB will increase energy efficiency by about 30%, supporting the project to save over 120000 tons of standard coal and reduce carbon dioxide emissions by over 300000 tons annually after production.

ABB's commitment to energy efficiency and carbon reduction is also reflected in the automotive industry. ABB will provide over 1300 robots and functional packages to Volvo Cars to assist in the manufacturing of the next generation of electric vehicles. ABB's brand new OmniCore ™ The controller will help Volvo cars achieve up to 20% energy savings. During the deployment process of robots, ABB will use its RobotStudio ® Offline programming simulation software is used for planning, simulating and optimizing robot deployment before installing robots to ensure uninterrupted production. This project covers functional packages for various production processes, from spot welding, riveting, and gluing, to flow drilling and ultrasonic welding testing. Each feature pack is customer validated and includes a plug and play combination of hardware, software, and services, which will be deployed at Volvo Cars production bases in Daqing, China and Toleslanda, Sweden.

For more information about ABB China's sustainable development related technologies, please visit our "Energy Transformation" special webpage.

After the Shanghai competition, the World Championships will return to Portland, USA on June 29th and 30th. This season, 16 rounds of matches will be held in 10 cities worldwide, including three new venues: Tokyo, Shanghai, and Misano Adriatico.

ABB is a technology leader in the field of electrical and automation, committed to empowering a more sustainable and efficient future. ABB integrates engineering experience and software technology into a solution to optimize manufacturing, transportation, energy, and operations. With a history of over 140 years of excellence, ABB has over 105000 employees worldwide who are dedicated to promoting innovation and accelerating industrial transformation. www.abb.com

Regarding the FE Formula Electric and ABB FIA Formula Electric World Championship:

Formula E is the world's first pure electric FIA World Championship and the only sport to receive net zero carbon certification. The ABB FIA Formula E World Championship brings dramatic races to the centers of some of the world's most iconic cities, providing an elite motorsport platform for world leading car manufacturers to accelerate technological innovation in electric vehicles.

The electric formula network, composed of racing teams, manufacturers, partners, broadcasting companies, and host cities, is united because everyone is passionate about this sport and has faith in its potential to promote sustainable progress for humanity and create a better future for humanity and the planet.