Formula E could race at four Chinese venues

Formula E could expand to four rounds in China as the all-electric championship chases growth in the world's biggest market for electric vehicles, according to series founder and chairman Alejandro Agag.

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LONDON - Formula E could expand to four rounds in China as the all-electric championship chases growth in the world's biggest market for electric vehicles, according to series founder and chairman Alejandro Agag.

The Spaniard told Reuters on Aug 22 that China, compared to the United States where President Donald Trump's administration has scaled back a number of EV incentives, represented a huge opportunity.

"Trump is really giving the space to China and China is only too happy to take it," said Agag, who has recently taken on a role of strategic adviser to the Motorsport Network media group.

"I was in China for the Shanghai Formula E race and every car I saw on the road was electric."

He argued that Formula E should follow Formula One's successful North American expansion playbook – with the combustion-engine series now boasting three US rounds – but with the focus on China.