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Mouser Electronics Teams Up with TTI, Molex and Panasonic to Sponsor New Season of Formula E All-Electric Racing

HONG KONG — (BUSINESS WIRE) — October 5, 2016 — Coming off an outstanding performance last season, hopes are high for the Mouser Electronics-sponsored Faraday Future Dragon Racing Formula E Team as they gear up for the 2016–17 season opener on Oct. 9 in Hong Kong. Dragon’s Jerome D’Ambrosio finished the season’s final race in London in third, followed by teammate Loic Duval in fourth. The team placed fourth for the 2015-16 season.

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Mouser is a proud sponsor of the 2016–17 Faraday Future Dragon Racing team in collaboration with TTI, Inc. and valued supplier partners Molex and Panasonic. The upcoming season marks the third consecutive year that Mouser Electronics is sponsoring Formula E racing, a high-tech sport that is paving the way for future automotive technologies.

“By sponsoring the Faraday Future Dragon Racing team, we are aligning Mouser with the future of racing and the leading edge of automotive technology,” said Todd McAtee, Vice President, Americas Business Development for Mouser Electronics. “We are very excited to be teaming up with Molex, Panasonic and TTI, and we look forward to another thrilling season.”

Since every advanced, sophisticated component that goes into a Formula E car is all about precision and performance, the sponsorship is the perfect vehicle to build top-of-mind awareness for Mouser and its industry-leading partners, McAtee added.

“With our support of the Formula E program, TTI is excited to join in the pursuit of sustainable automotive technologies of the future,” stated Mike Morton, President, TTI Global Sales and Marketing.

Formula E features cars powered exclusively by electric power and represents a vision for the future of the motor sports industry, serving as a framework for research and development around the electric vehicle. Valued supplier partners Molex and Panasonic are continuing their sponsorship of the program.

“Molex is very proud to once again sponsor the Faraday Future Dragon team along with Mouser, TTI and Panasonic,” said Fred Bell, Vice President of Global Distribution for Molex. “We know that through teamwork and technology, amazing feats are possible and we anticipate a tremendous racing season with these talented drivers.”

Jeff Howell, President of Panasonic Industrial Devices Sales Company of America, commented, “This exciting undertaking is proof that electric vehicles are not only energy efficient but can offer high performance. Panasonic is very pleased to be part of developing this new technology.”

This season, the Formula E racing series will expand to 14 rounds at 12 venues, with new races in Hong Kong, Marrakesh, Brussels, Montreal and New York City, while the Monaco ePrix will return to the calendar after a one-year absence.

To learn more about the Formula E series, visit www.mouser.com/formula-e/.

With its broad product line and unsurpassed customer service, Mouser caters to design engineers and buyers by delivering What’s Next in advanced technologies. Mouser offers customers 22 global support locations and stocks the world’s widest selection of the latest semiconductors and electronic components for the newest design projects. Mouser Electronics’ website is updated daily and searches more than 10 million products to locate over 4 million orderable part numbers available for easy online purchase. Mouser.com also houses an industry-first interactive catalog, data sheets, supplier-specific reference designs, application notes, technical design information, and engineering tools.

About Mouser Electronics

Mouser Electronics, a subsidiary of TTI, Inc., is part of Warren Buffett's Berkshire Hathaway family of companies. Mouser is an award-winning, authorized semiconductor and electronic component distributor, focused on the rapid introduction of new products and technologies to electronic design engineers and buyers. Mouser.com features more than 4 million products online from more than 600 manufacturers. Mouser publishes multiple catalogs per year providing designers with up-to-date data on the components now available for the next generation of electronic devices. Mouser ships globally to over 500,000 customers in 170 countries from its 750,000 sq. ft. state-of-the-art facility south of Dallas, Texas. For more information, visit www.mouser.com.

About Panasonic Industrial Devices Sales Company of America

Panasonic Industrial Devices Sales Company of America is the advanced industrial components and electronic devices sales division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. The company provides cutting-edge components that power a diverse range of wireless and mechanical devices. Standard and custom components range from industrial automation devices to passive components, relays, connectors, sensors, wireless connectivity, semiconductors and more. Thriving as an innovator of consumer electronics, home appliances, communications, automotive and healthcare, Panasonic is continuously developing and improving cutting-edge, high quality, high technology components that power a diverse range of devices and products. The company is also pursuing advanced environmental initiatives to encourage the growth of environmental awareness and sustainability worldwide. To learn more about the company, visit https://na.industrial.panasonic.com. Follow Panasonic on Twitter @PanasonicElec; additional company information for journalists is also available at us.panasonic.com/news.

About Molex

Molex brings together innovation and technology to deliver electronic solutions to customers worldwide. With a presence in more than 40 countries, Molex offers a full suite of solutions and services for many markets, including data communications, consumer electronics, industrial, automotive, commercial vehicle and medical.

Trademarks

Mouser and Mouser Electronics are registered trademarks of Mouser Electronics, Inc. All other products, logos, and company names mentioned herein may be trademarks of their respective owners.



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