Aston Martin could be the latest automaker to join the electric racing series.

Aston Martin has revealed that it is considering joining the likes of Porsche, Audi and Jaguar in the all-electric Formula E racing series.

That news comes from Aston Martin CEO Andy Palmer. Aston Martin will soon launch its first all-electric vehicle — the RapidE — in 2019, and Palmer believes Formula E could provide the company with a technological boost for future EV projects.

"We don't have an electric car yet, but we will have in 2019. You can imagine the two coming together. I love Formula E," Palmer told Automotive News.

However, Aston Martin isn't expected to join Formula E until the 2018-19 racing season at the earliest. That's because the current format requires teams to switch cars halfway through a race due to battery range constraints. Longer-range batteries will enter the series in 2018 and allow a single race car to finish the race.

"For me, the use of the two cars reinforces the range anxiety," Palmer said. "That will change, and then it starts to get interesting."

Aston Martin will begin limited sales of its plug-in RapidE in 2019. Set to be built in conjunction with partner Williams Advanced Engineering, Aston Martin will build just 155 units of the $250,000+ RapidE.