P1racenews AI automatic summary:
A company best known for MotoE and a WEC hypercar underdog has emerged as the overwhelming favourite to land the Gen4 Formula E battery contract
the little-known company will become the preferred choice over current providers WAE and McLaren Applied for the Gen4 Formula E battery contract. Podium Advanced Technologies, based in Northern Italy, has experience in designing and supplying battery packs for MotoE and is known for its partnership with the Glickenhaus hypercar effort. The Gen4 battery is expected to have a maximum power deployment of 600kW and a regen capacity of 700kW, with a target weight of 930kg including the driver. The FIA has introduced stricter cell validation criteria after issues with the Gen3 battery. Podium’s CEO, Francesco Monti, stated that the company had a successful financial year and plans for significant investment in research and development.