Illini Formula Electric (IFE) is a student organization from the University of Illinois at Urbana-Champaign that participates in the Formula Electric competition, both hosted and sponsored by the Society of Automotive Engineers. The goal of the competition is to design, fabricate, and race an all-electric race car marketed towards the weekend autocross racer.

This project constructs a fully electric race car, which will produce zero carbon emissions but run as fast as average gasoline race cars. As a green energy and transportation project, Illini Formula Electric is not only training its team members, but also spreading the sustainability concept to more students from all majors and local community members through project showcase events and social media. Much of automotive innovation is driven from racing, and training current team members will help them innovate and develop new efficient concepts after graduation.