Red Bull Technology is said to have put in a bid to supply batteries for season five of Formula E.

According to reports from Motorsport, the technology arm of the massive Red Bull Group has put in a tender to design and build the new batteries and if successful, will supply all Formula E teams with the new and improved batteries from 2018 onward.

Numerous other manufacturers are also eagerly bidding for the battery rights, including current supplier Williams Advanced Engineering. Additionally, Mahindra, DS and Renault are thought to have each put in tenders.

The new batteries will increase capacity to 54 kW/h and provide a total of 250 kw of power.

The FIA will apparently make their final decision sometime in late August or early September, kick starting a long process to develop and test the new battery.

Next June, crash testing of the battery will commence. Then in June 2018, the winning bidder will test a prototype with the battery installed for homologation before season five commences.