DS TECHEETAH

WAVETECH AND DS TECHEETAH ANNOUNCE NEW PARTNERSHIP FOR THE BERLIN EPRIX

Bronya Linzee Gordon

BERLIN TEMPELHOF AIRPORT, GERMANY - AUGUST 12: DS Techeetah, branding during the Berlin E-Prix I at Berlin Tempelhof Airport on Thursday August 12, 2021 in Berlin, Germany. (Photo by Sam Bloxham / LAT Images)

13 August 2021 – Berlin Germany

Heading into the final rounds of Season Seven of the ABB FIA Formula E World Championship, DS TECHEETAH Formula E Team are delighted to announce a new partnership with next generation battery technology provider, WaveTech Group, Inc.

WaveTech provide next generation battery energy management technology specialising in the battery life extension, monitoring and data analytics via its patented Crystal Control Technology (CCT). Focusing on research and Innovation, the group provides its clients with services built around proprietary technologies and software to improve cost efficiency, reliability, and back up capacity. The Group has offices in the Germany, Bulgaria & Turkey, with its headquarters in the United States.

Implementation of WaveTech solutions with existing clients in both the telecommunications, data centre and utilities sector have resulted in delivered CAPEX savings in excess of 50% alongside significant environmental sustainability benefits.

The partnership, which will see WaveTech branding feature prominently on the front wing endplate of the DS E-TENSE FE21, will form the basis of the business platform presenting its unique technology to the market.

Senior representatives from the WaveTech board will be present at the Formula E Season finale to assess the Championship as a part of an expanded platform for future growth as the Group heads towards a new funding round to support growth into the automotive landscape.

Commenting on the partnership, Dag Arild Valand, CEO & Founder commented:

“The WaveTech Group Team is proud to partner with the current champions DS TECHEETAH Formula E Team to showcase our advanced battery technology solutions and to further together our common values of excellence, confidence and passion. Join us as we sponsor the future, powered by efficient batteries”

Jon Wilde, DS TECHEETAH Head of Business Development added:

“As we team, we are excited to be entering into the first phase of our new partnership with WaveTech. Formula E represents the pinnacle of battery technology and environmental sustainability, as such we are proud to be showcasing true innovators in the battery management industry tackling challenges around cost efficiency and Co2 emissions.”

 

Notes to Editors

 
About WaveTech

WaveTech is a next generation battery technology company specializing in battery life extension, monitoring, data-analytics and automated operations. The Group has offices in the USA, Germany, Bulgaria and Turkey. What sets us apart is our strong focus on research and innovation. It enables us to build services around proprietary technologies and software to upgrade infrastructures to increase cost-efficiency and reliability, monitor backup capacity on battery. Site and network-level and automate operations for maximum efficiency. This has significant financial and environmental consequences. WaveTech’s solutions saves customers in telecommunications, data centre and utilities up to 50% of operating CAPEX costs.

At the core of WaveTech’s energy management solution is its patented Crystal Control Technology (CCT), which is in the market with blue-chip customers, delivering transformative improvements in battery durability and performance, doubling battery lifespan, tripling lifetime throughout and reducing Co2 emissions by 67%.

About DS TECHEETAH

DS TECHEETAH Formula-E team is a Chinese racing team in the all-electric street racing series, ABB FIA Formula E. The team is owned by SECA (Shanghai) Limited. The 2018/19 season saw DS TECHEETAH secure both the Drivers’ Championship with Jean-Éric Vergne and the Teams’ Championship in the first year of our partnership with DS Automobiles. In the 2019/2020 season, DS TECHEETAH claimed its second back-to-back Teams’ and Drivers’ Championship titles, this time with Antonio Felix Da Costa at the helm. TECHEETAH holds the record of most back-to-back Driver wins with Jean-Éric Vergne and Antonio Felix Da Costa securing the Driver titles in 2018, 2019 and 2020.