The 14-race, all-electric Formula E series will have full world championship status from the start of the 2020-21 season, after approval by the world governing body for motorsport, the Federation Internationale de l’Automobile (FIA).
Formula E fulfiled the criteria for having world championship status, with four manufacturer competitors and races on three continents since its second season.
It joins Formula 1 and the World Endurance, World Rally and World Rallycross championships in holding the elevated status with the FIA.
FIA president Jean Todt said in a statement: “The creation and development of Formula E has been a great adventure. I am proud that we confirm its FIA world championship status.
“Within a short time frame, the series has proven itself relevant for the automotive industry with two more major car manufacturers having joined the championship at the start of the current season, bringing the total number to 10.
“The commitment and professionalism of those manufacturers and their respective teams is mirrored in the quality of the driver roster, which has improved with every season.
“Since its first race in Beijing in 2014 and with every ePrix thereafter, Formula E has proven that the concept of cutting-edge electric racing works.”
Formula E has just started its sixth season last month, with a cast of manufacturers including Porsche, Mercedes, Audi and BMW involved. Its drivers compete in cars that run solely on battery power.
Founder and chairman Alejandro Agag said: “It was always our ambition to one day become an FIA world championship.”
“Everything we have done and delivered to this point has been working towards this particular moment in time.
“Achieving the feat and being granted with FIA world championship status adds more credibility to what is already a fully-fledged formula of racing and a spectacular sporting product.
“This agreement and announcement truly puts Formula E in the top tier of international single-seater racing.”