In 2018 a new era started for HWA AG. The company entered the all-electric ABB FIA Formula E as own team HWA RACELAB, with the two racing drivers Gary Paffett and Stoffel Vandoorne. At the end of 2019, HWA RACELAB left the series as the best rookie team and took over the works of the new Mercedes-Benz EQ Formula E team from the season 2019/2020. In the 2020/2021 season, the team won the team world championship together with the driver duo Stoffel Vandoorne and Nyck de Vries and the drivers‘ title with Nyck de Vries.