Apple Supplier TDK Partners With McLaren Racing To Boost Formula E Presence
Portfolio Pulse from Benzinga Neuro
TDK Corp., a key Apple supplier, has partnered with McLaren Racing to enhance its presence in Formula E by supplying components for McLaren's electric cars. This move highlights TDK's focus on the growing EV market, where it sees significant opportunities.
October 29, 2024 | 8:31 am
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Lucid Group's majority stakeholder, Saudi Arabia’s Public Investment Fund, is involved in a multi-year partnership with Formula E, supporting the growth of electric motorsports.
The involvement of Lucid's major stakeholder in Formula E partnerships highlights the growing focus on electric motorsports, which could benefit Lucid's brand and market presence.
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TDK Corp. partners with McLaren Racing to supply components for Formula E, enhancing its presence in the EV market.
The partnership with McLaren Racing allows TDK to showcase its components in a high-profile electric racing series, potentially increasing demand for its products in the EV market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80