Conceived in 2011, Formula E has now reached its tenth anniversary. Boasting 11 teams and 22 drivers, this racing series features single-seater vehicles akin to Formula One's open-cockpit design. The batteries powering Formula E's current generation generate up to 350 kW of power, allowing drivers to reach a maximum speed of 320 km/h (199 mph), closely approaching F1's top speed. Though Formula E may lack the prestige or funding of F1, it serves as a distinctive and crucial testing ground for emerging battery technology, which could ultimately benefit the entire electric vehicle sector.