Exciting: NASCAR Unveils Groundbreaking Electric Race Car Prototype Before Chicago Street Race

Money | July 6, 2024, 12:43 p.m.

NASCAR recently revealed an electric race car prototype in collaboration with ABB, signaling a groundbreaking shift towards sustainability in the world of stock car racing. The initiative, aimed at reducing emissions and electrifying the sport, aligns with NASCAR's goal of achieving net zero operating emissions by 2035. The prototype, developed with Chevrolet, Ford, and Toyota, boasts a powerful 1,000 kW output and features regenerative braking technology. ABB officials emphasized the importance of NASCAR's planned decarbonization efforts in line with the broader energy transition in the United States. While combustion engines will not be completely phased out, the partnership explores possibilities for high-performance electric racing and electrifying various aspects of NASCAR operations. This initiative exemplifies a commitment to sustainability and sets a precedent for how companies nationwide can make their operations more eco-friendly. NASCAR's long-term focus on sustainability includes transitioning to 100% renewable electricity, expanding EV charging infrastructure, and developing sustainable racing fuel. The partnership with ABB will be instrumental in achieving their ambitious goal of net zero operating emissions by 2035.