- JM, a global leader in sustainable technologies to form technology 
      collaboration with carbon neutral Formula E team 

    - Co-development of the first ever two-seater electric race car powered 
      using JM's eLNO(R) battery cathode materials 

    - Multi year sponsorship of the Envision Virgin Racing team in Formula 
      E - the world's first fully electric race series 

    - Major step in the commercialisation of eLNO, showcasing JM's cathode 
      material technology in action. 

    - Partnership to share vision for cleaner, healthier world through the 
      team's 'Race Against Climate Change' initiative 

Johnson Matthey (JM), a global leader in sustainable technologies, has taken 
another major step in its plans to commercialise eLNO, its family of nickel 
rich advanced cathode materials, by entering into a strategic partnership with 
Formula E team Envision Virgin Racing. The collaboration will see JM and 
Envision Virgin Racing combine next generation cathode materials with leading 
battery technology to create the first ever electric two-seater Formula E style 
race car, powered by eLNO. 

The concept vehicle will showcase eLNO in action and will act as a test bed, 
providing valuable experience of a challenging automotive application that will 
inform the continuous development of eLNO as a high performance, customisable 
material for passenger cars. The multi year partnership will also see JM 
sponsor the racing team's participation in the ABB FIA Formula E World 
Championship.  

Formula E is the ultimate showcase for e-mobility, using only high performance 
battery electric vehicles in its races. Envision Virgin Racing's mission is to 
energise the 'Race Against Climate Change', focusing on accelerating the 
transition to renewable energy and mass adoption of e-mobility. A founding team 
of the ABB FIA World Championship, Envision Virgin Racing is the only current 
Formula E racing team to be certified carbon neutral (PAS 2060).  They have 
also partnered with the UK Government's 'Together for Our Planet' campaign to 
encourage global action against climate change ahead of the COP26 Climate 
Change Conference. Envision Virgin Racing is owned by Envision Group, who has 
pioneered innovation work in areas such as smart wind technology, battery 
development and AIoT infrastructure. 

Commenting on the partnership, CEO of Envision Group and Executive Chairman of 
Envision AESC, Lei Zhang said: "Envision Group, Envision Virgin Racing and 
Johnson Matthey are all at the forefront of the EV revolution, so I am 
delighted to be collaborating with them. As a global leader in sustainable 
technologies, JM's vision aligns perfectly with the net zero values of 
Envision, and I look forward to working together to tackle climate change 
before it is too late." 

Commenting, Chief Executive of Johnson Matthey, Robert MacLeod said: "Our 
vision is for a world that's cleaner and healthier, so we are delighted to be 
working together with Envision Virgin Racing and its owners Envision Group as 
we both share an ambition to create a sustainable future. We're really excited 
to create the first electric race car using eLNO technology -- which is a major 
milestone in its commercialisation -- and also to join the team's 'Race Against 
Climate Change' initiative and its goals of inspiring generations to take 
action to protect the planet." 

About Johnson Matthey: 

Johnson Matthey is a global leader in science that enables a cleaner and 
healthier world. With over 200 years of sustained commitment to innovation and 
technological breakthroughs, we improve the performance, function and safety of 
our customers' products and in 2020 we received the London Stock Exchange's 
Green Economy Mark, given to companies that derive more than 50% of revenues 
from environmental solutions. Our science has a global impact in areas such as 
low emission transport, pharmaceuticals, chemical processing and making the 
most efficient use of the planet's natural resources. Today more than 15,000 
Johnson Matthey professionals collaborate with our network of customers and 
partners to make a real difference to the world around us. Johnson Matthey is a 
member of the Global Battery Alliance and supports the GBA's ten principles for 
a sustainable battery value chain.    

For more information, visit www.matthey.com  

Inspiring science, enhancing life 

eLNO is a trademark of Johnson Matthey Public Limited Company

About Envision Virgin Racing:

Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of 
the founding and most successful outfits in the ABB FIA Formula E World 
Championship -- the innovative electric street racing series. 

The purpose-driven team has sustainability running throughout its DNA and 
exists for one simple purpose; to use its platform to inspire generations to 
tackle climate change and transition to e-mobility and renewable energy. It 
does this through its long-running 'Race Against Climate Change' programme and 
prides itself on being the 'greenest team on the greenest grid', being the 
first and only carbon neutral certified team (PAS 2060), one of a handful to 
have achieved the FIA's Three Star Sustainability Accreditation, and the first 
to sign up to the UNFCCC Sports for Climate Action Framework. It is also a 
partner of the biggest climate event, the UN's COP26 'Together for our Planet' 
summit taking place in the UK in November.

On-track, the team continues to be one of the most successful ever with 11 wins 
and 29 podiums to its name and remains the only team to have recorded victories 
in every season to date. For the 2020/21 Formula E season, Envision Virgin 
Racing will see Dutchman Robin Frijns complete his third season with the team 
alongside newcomer New Zealand driver Nick Cassidy. Overseeing operations at 
the team's commercial headquarters in London is Managing Director Sylvain 
Filippi, who has been with the team since day one, together with Team & 
Sporting Director Leon Price and Technical Director Chris Gorne based at the 
team's operational arm at its state-of-the-art facilities at Silverstone. 
Meanwhile, Envision Group's Franz Jung continues his role as Chairman of the 
Board.

For further information visit: www.envisionvirginracing.com  

SOURCE: Johnson Matthey