The team's roots lay with Team Aguri, founded by former Formula One driver Aguri Suzuki. In April 2016, amid a period of uncertainty over the team's future, Suzuki announced his departure. Shortly before the 2016 London ePrix, the Chinese public equity and venture capital firm China Media Capital (CMC) completed a purchase of Team Aguri and established a new entity called Techeetah. Key personnel, including team principal Mark Preston, stayed on, and the cars initially ran a Renault powertrain.
Jean-Éric Vergne and Qinghua Ma were announced as the team's first drivers. Vergne scored Techeetah's maiden podium with a second-place finish at the Buenos Aires ePrix in the series' debut season. Esteban Gutiérrez replaced Ma from round four, but quickly departed when he was offered an IndyCar opportunity with Dale Coyne Racing. Stéphane Sarrazin completed the season alongside Vergne.
André Lotterer joined Vergne for the team's second campaign. Vergne produced one of the most consistent seasons in the championship's history, finishing in the points in every race and accumulating 198 points to win the Drivers' Championship. The team narrowly missed the Teams' Championship by just two points, overtaken by Audi at the final round.
In July 2018, DS Automobiles — a brand under the Peugeot Sport umbrella — partnered with Techeetah, and the team was renamed DS Techeetah. The switch from Renault to DS powertrains elevated the team to manufacturer status, running the DS E-TENSE. A new headquarters was established in Versailles in October 2018.
The 2018–19 season brought Vergne his second consecutive Drivers' Championship, confirmed after the first New York City race, and the team claimed their first Teams' Championship. In the 2019–20 season, António Félix da Costa replaced Lotterer and proved dominant: he won four races, including three in succession, and secured the Drivers' title with two rounds remaining — a record margin of 71 points. DS Techeetah simultaneously secured the Teams' Championship with the largest-ever lead in the series, 77 points. The team thus became the only outfit to win both championships twice and to do so in consecutive seasons.
In the 2021–22 season, the partnership between DS and Techeetah came to an end. DS moved to a new collaboration with Penske, with Vergne joining the DS Penske squad. Félix da Costa switched to TAG Heuer Porsche. Techeetah missed the 2022–23 season and did not return for the Gen 3 era. Despite its record of success, SECA was unable to secure the anticipated investment returns or complete a sale of the team, which ultimately led to its withdrawal from competition.
Techeetah also entered the Jaguar I-Pace eTrophy support series for its inaugural 2018–19 season under the name TWR Techeetah, honouring an arrangement with Ryan Walkinshaw to revive his late father Tom Walkinshaw's TWR brand. Stefan Rzadzinski drove the car for most of the season, with Adam Carroll joining for the Berlin round. The team's best result was a second place for Rzadzinski at the Paris ePrix.
DS Techeetah's record in the Gen 2 era of Formula E remains unmatched: two double championships in succession, two individual champions (Vergne and Félix da Costa), and a series of records including the largest championship margin in both Drivers' and Teams' standings. The team proved that a Chinese-owned organisation could reach the top of electric single-seater racing, though it ultimately could not translate sporting success into a sustainable commercial future.