Volvo could be the next manufacturer to field an entry in Formula E. Motorsport reports that the Swedish manufacturer and its performance arm Polestar are closely evaluating increasing their involvement in the electric racing series. They just haven’t figured out exactly what form that will take.

The automaker currently participates in the Formula E Manufacturers’ Advisory Group, alongside BMW and Honda’s performance division Mugen. Stepping up its involvement would likely take the form of supplying powertrain components to one of the existing teams or even fielding its own.

Major manufacturers currently participating include Renault (with the e.dams team), Peugeot-Citroen’s DS division (with Virgin Racing), and Audi (with the Abt team). Mahindra and Jaguar will both be on the grid next season with their own teams, while electric vehicle manufacturers Venturi and Faraday Future support teams of their own.

BMW and Rimac provide support vehicles as well, but getting Volvo more involved would be a big coup for the series now gearing up for its third season.

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