http://www.bbc.co.uk/news/business-19402383
In the world of motor racing the internal combustion engine is king.
Circuits around the world regularly echo to the earsplitting howl of racing V10s and V12s at full throttle. But perhaps, not for much longer.
Motorsport's governing body, the Federation Internationale de l'Automobile, or FIA, has announced plans for a brand new motor racing series, designed exclusively for electric cars.
The new championship, known as Formula E, is due to begin in 2014.
Manufacturers are being invited to design and build their own cars, which will race on city-centre circuits around the world.
It will be run by Formula E Holdings, a consortium of investors led by the Spanish billionaire Enrique Banuelos, who made his fortune in real estate and agribusiness.
The FIA says it represents "a vision for the future of the motor industry over the coming decades".
One good way to promote & develop EVs
