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BMW remains cautious, Formula E looks for new partners

Luxury carmaker BMW has renewed its deal as Official Vehicle Partner of Formula E as brand faith in the fledgling series, and its pricing, remains stable.

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German luxury car brand BMW has signed a multi-year extension to remain Official Vehicle Partner of the Formula E race series as it continues to press its claim as a leader in the electric mobility sector.

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German carmaker BMW will measure results from its supplier deal with Formula E before deciding whether to further its involvement in the competition.

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