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Eco Racing

Racing industry companies are creating electric cars and transitioning leagues

Trend - Companies in the racing industry are creating electric race cars and transitioning leagues to incorporate eco-friendly vehicles. Creating electrically-powered race cars allows companies to experiment and enhance technologies that can be used in commercial vehicles. Transitioning leagues to incorporated eco-friendly cars can reduce costs.

Insight - Many viewers may have reservations about watching racing events due to the adverse climate effects caused by the events. However, many of these individuals may be car enthusiasts and admire the technical aspects of the vehicles used in competitions. Eco-friendly operations would help to address the majority of the concerns help by eco-conscious racing fans.
Workshop Question - How can your company increase its appeal to eco-conscious consumers?
Trend Themes
1. Electric Racing Cars - Electric racing cars are gaining popularity in the racing industry as companies create eco-friendly vehicles and experiment with new technologies that could be used in commercial vehicles.
2. Hybrid Technologies - Hybrid technologies are being incorporated into racing vehicles to increase horsepower and reduce costs, while also recovering lost energy created by the car's brakes.
3. Carbon Neutral Racing - Racing leagues are committing to carbon neutral operations, encouraging the use of synthetic fuels and electric power to accelerate the development of eco-friendly vehicles.
Industry Implications
1. Automotive Manufacturing - Automotive manufacturers can experiment with new electric and hybrid technologies in racing cars and promote eco-friendly vehicles to appeal to eco-conscious consumers.
2. Sporting Goods & Recreation - As racing leagues transition to carbon neutral operations, sporting goods and recreational companies can promote eco-friendly activities and products to an environmentally-conscious audience.
3. Energy & Environment - The racing industry's commitment to carbon neutral operations and the use of synthetic fuels and electric power presents opportunities for energy and environmental companies to collaborate and promote a sustainable future.
2.4
Score
Popularity
Activity
Freshness
Patterns
Megatrends
6 Featured, 47 Examples:
111,614 Total Clicks
Date Range:
Jul 19 — Jun 20
Trending:
Mild
Consumer Insight Topics:

Featured Examples

Race-Ready Eco Cars
Race-Ready Eco Cars
Formula E Has Created an Off-Road All Electric SUV
The all electric SUV is the result of Formula E, which is an EV racing series. The car is titled the ‘Extream E,’ but has also been referred to as the Odyssey 21. The car was presented... MORE
Eco-Friendly Race Cars
Eco-Friendly Race Cars
IndyCar Will Change to Hybrid Race Cars Starting in 2022
IndyCar has recently indicated that it will switch to hybrid race cars beginning in 2022. The new cars will feature both internal combustion engines created by Honda and Chevrolet, as well as an... MORE
Electric Racing Car Designs
Electric Racing Car Designs
Hyundai Created an EV Racing Vehicle Titled the 'Veloster N ETCR'
Hyundai has created an electrically powered race car, which has been named the ‘Veloster N ETCR.’ The company began developing the ar in order to compete in the ETCR championships which... MORE
Novel Electrically-Powered Race Cars
Novel Electrically-Powered Race Cars
Ford Recently Created Its First-Ever Electric Drag Race Car
Ford recently created its first electric drag race car, in a collaborative effort with a number of its suppliers like MLe Racecars, Watson Engineering, AEMEV, as well as Cascadia. The brand’s... MORE
Electrically Powered Race Car Teams
Electrically Powered Race Car Teams
Volkswagen Will Transition Its Race Teams to Electric Cars
Volkswagen recently announced that its race teams will be powered by electric motors in the future. The company outlined its commitment by stating that it will either produce electric race cars or... MORE
Carbon Neutral Race Cars
Carbon Neutral Race Cars
Formula 1 Will Move Toward Carbon Neutral Racing by the Year 2030
Formula 1 announced that it will transition to carbon-neutral racing by the year 2030. The announcement was made by the IFA, which is the sports governing body. The carbon-neutral racing pledge will... MORE

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