Southwire Accelerates Change for the Future with Formula E

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Mar 07, 2023, 09:01 ET

North American Industry Leader Named as Official Wire and Cable Provider for the ABB FIA Formula E World Championship

CARROLLTON, Ga. , March 7, 2023 /PRNewswire/ -- Southwire, one of North America's leading wire and cable producers and an emerging influence in the electrical industry, is pleased to announce that it will be the Official Wire and Cable Provider of Formula E, a global leader in electric vehicle (EV) racing.

For the 2022/2023 ABB FIA Formula E World Championship season, Southwire will be the Official Wire and Cable provider for the fastest-growing motorsport on the planet, the world's only all-electric FIA World Championship and the only sport certified Net Zero Carbon since its inception.

Southwire will be the Official Wire and Cable Provider of Formula E, a global leader in electric vehicle (EV) racing.

"At Southwire, we're at the forefront of planning grid modernization and optimizing distributed energy systems. We understand the complexities around building a sustainable EV charging infrastructure where energy resilience is critical, and we will continue to deliver valued electrical solutions," said Rich Stinson, Southwire's President and CEO. "We're excited to work with Formula E and look forward to the opportunities this will bring as electrification plays an even greater role."

The ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world's most iconic cities, providing an elite motorsport platform for the world's leading automotive manufacturers to accelerate electric vehicle innovation.

"We are pleased to be working alongside Southwire, who are one of the leaders in the electrical industry. Their expertise around fundamental areas of the electrical industry will help us in delivering top tier events that our fans will love," said Matt Scammell, Chief Commercial Officer at Formula E. "With clear and proven work around environmental sustainability and local social initiatives, they are also clearly aligned to Formula E's mission of enhancing sustainable human progress."

Southwire's long-held commitment to sustainability has been evident throughout its history, and the company remains committed to developing innovative systems and solutions, exercising environmental stewardship and enhancing the well-being of its communities through its core tenets of Growing Green, Living Well, Giving Back, Doing Right and Building Worth.

"Our focus on environmental, social and governance issues over the past two decades has positioned Southwire as a leader in sustainability and enables us to partner with Formula E," said Burt Fealing, Southwire Executive Vice President, General Counsel and Chief Sustainability Officer. "Our products, solutions and drive for innovation are aligned with Formula E's vision to accelerate change towards an electric future."

For more information about Southwire's work with Formula E, please contact Marc Hall, Vice President of E-mobility and Renewable Technologies, at [email protected] or Stephan Hardt, Director of Vertical Strategy and Execution, at [email protected].

About Southwire:
A leader in technology and innovation, Southwire Company, LLC is one of North America's largest wire and cable producers and an emerging influence in the electrical industry. Southwire and its subsidiaries manufacture building wire and cable, utility products, metal-clad cable, portable and electronic cord products, OEM wire products and engineered products. In addition, Southwire supplies assembled products, components, contractor equipment and hand tools. For more on Southwire's products, its community involvement and its vision of sustainability, visit www.southwire.com.

About Formula E and the ABB FIA Formula E World Championship:
As the world's first all-electric FIA World Championship and the only sport certified net zero carbon since inception, the ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world's most iconic cities providing an elite motorsport platform for the world's leading automotive manufacturers to accelerate electric vehicle innovation.

The Formula E network of teams, manufacturers, partners, broadcasters, and host cities are united by a passion for the sport and belief in its potential to accelerate sustainable human progress and create a better future for people and planet.
www.FIAFormulaE.com

For Formula E media enquiries, please contact [email protected]

About ABB:
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company's solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB's ~105,000 employees are committed to driving innovations that accelerate industrial transformation.

www.abb.com

Media Contact – [email protected]

Contact: Ashley Dingler
Specialist, Communications
Phone: (470) 955-4807
[email protected]

SOURCE Southwire