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Apparently the new Mercedes EQ FE team is going to be working with HWA AG (Mercedes old partners from DTM). Mercedes EQ Formula E Team gear up for Formula E fight – Formula E

Previously, HWA said that they were going to be a customer of Venturi FORMULA E – READY FOR THE FUTURE

So does anyone know if this means that we're looking at two new teams or one new team (with Mercedes being a customer of Venturi via HWA)? Or even no new team with Venturi turning into Mercedes the way Andretti is turning into BMW?
 

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I believe Mercedes are the powertrain supplier, HWA are effectively the works team, and Venturi use the Mercedes powertrain and in return supply the chassis and other bits to HWA.
 
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