FIA confirms Hankook as future tyre partner for Formula E

Hankook will supply tyres to Formula E as the series’ third generation tyre partner. The FIA (Federation Internationale de l’Automobile) confirmed Hankook after a tender process and FIA World Motor Sport Council approval. The world championship, which stages races in metropolitan areas around the globe, will run on “sustainably produced, particularly long-lasting and energy-saving Hankook tyres,” the manufacturer says. Tyres for Formula E have previously been supplied by Michelin, which was the series’ inaugural tyre partner.

“All our employees worldwide are very proud, that Hankook has been selected by the FIA following tender process and FIA World Motor Sport Council approval as the future tyre and technology partner for the ABB FIA Formula E Championship. Our company coincides with Formula E’s move towards sustainable growth and we are excited to be a part of this journey as their Gen3 partner,” says Sooil Lee, president and COO of Hankook Tire & Technology. “It is impressive how the FIA and the ABB FIA Formula E Championships are addressing climate change and air pollution in our urban environments by promoting the adoption of electric vehicles through this all-electric race series and bringing it to the attention of a broad global audience.”

Hankook EV OE

Hankook has supplied leading electric car manufacturers with original equipment tyres. The company’s move into Formula E supports this side of the business from a technical point of view too. It says it will pursue creating a better, cleaner world by providing its future-oriented tyre technology through the supply of specially designed tyres to all Formula E races along with technical expertise. It adds that it create bespoke tyres for Formula E with innovative technology and connectivity benefits to be used for both wet and dry conditions for multiple events. These tyres will offer a very low rolling resistance, suitable to raise electric vehicles efficiency. Furthermore, they will deliver a long-lasting performance containing Bio-sourced material and sustainable rubber.

Hankook concludes that the partnership underlines its commitment to sustainable and environmentally friendly business practices. It has been awarded the CSR rating agency EcoVadis’s Platinum Award, its highest honour. Since 2016 the manufacturer has been listed continuously in the influential Dow Jones Sustainability Index World (DJSI World), being currently one of three tyre makers and the only Asia headquartered company in the automotive supply industry to be listed there.