Japan's Nissan Motor has acquired a French racing team that participates in the Formula E championship known as F1 for electric vehicles.

Nissan said Tuesday it has taken full ownership of the e.dams team. They have been partners since 2018, when Nissan became the first Japanese carmaker to take part in Formula E.

The company says it is strengthening collaboration with the team to help it achieve its strategy of electrifying all new vehicle offerings by early next decade in key markets.

All EVs feature quiet, smooth acceleration, making it difficult for automakers to differentiate their models in terms of ride comfort and handling.
Nissan said it aims to transfer its expertise and technology from the racetrack to the development of better EVs for customers.