Category: EVs

2nd ASEAN Battery Technology Conference Announces New Collaborations and Expansion to Strengthen Southeast Asia Battery Ecosystem

The 2nd ASEAN Battery Technology Conference (ABTC) returned and strengthened the commitment to develop a close knitted battery development ecosystem among the Southeast Asian countries. Hosted in Singapore this year by the Singapore Battery Consortium at Singapore at the Shangri-La Rasa Sentosa between 21st and 23rd August 2024.

The conference is also jointly organised by the alliance of leading battery associations in the region – the Thailand Energy Storage Technology Association, the National Battery Research Institute, the National Center for Sustainable Transportation Technology, NanoMalaysia, and the Electric Vehicle Association of the Philippines.

Dr. Pimpa Limthongkul, Co-Chairman of ABTC and President of the Thailand Energy Storage Technology Association, said, “This year we are excited to see the expansion of what we have achieved since we last gathered together last year in Bali. Our alliance has grown from three to now six battery associations in Southeast Asia and we will continue to grow in strength. Witnessing the collaborations between the battery associations, private sector and academia is a celebration of how we are moving forward together to drive innovation for a more connected and eco-friendly future in the region.”

On the second day of the conference, over 250 participants and the six leading battery associations in Southeast Asia witnessed the signing of three new Memorandums of Understanding or MoUs that will further the development of batteries in the region.

From L to R: Prof. Nonglak Meethong (Professor, Khon Kaen University), Mr. Larry Poon (Business Development Manager, INV CORPORATION PTE. LTD.), Dr. Rezal Khairi Bin Ahmad (CEO, NanoMalaysia Berhad), Mr. Bryan Oh (CEO, NEU Battery Materials Pte Ltd) Mr. Freddie Kim (Managing Director, SAMSUNG SDI SOUTHEAST ASIA), Dr. Sing Yang Chiam, Technical Director Singapore Battery Consortium. From L to R: Prof. Nonglak Meethong (Professor, Khon Kaen University), Mr. Larry Poon (Business Development Manager, INV CORPORATION PTE. LTD.), Dr. Rezal Khairi Bin Ahmad (CEO, NanoMalaysia Berhad), Mr. Bryan Oh (CEO, NEU Battery Materials Pte Ltd) Mr. Freddie Kim (Managing Director, SAMSUNG SDI SOUTHEAST ASIA), Dr. Sing Yang Chiam, Technical Director Singapore Battery Consortium.

Three Memorandums of Understanding

Gigafactory Malaysia (GMSB) and NEU Battery Materials (NEU) to Collaborate on Lithium Battery Recycling Development

The collaboration will focus on developing “Gigafactory” level operations and manufacturing of innovative battery technologies incorporating nanomaterials for mobility and stationary applications. This collaboration is the progression of the Memorandum of Understanding (“Memorandum”) signed in Bali, Indonesia at the 2023 ASEAN Battery and Electric Vehicle Technology Conference (ABEVTC) to promote cross-country collaboration within ASEAN on battery technology.

Singapore-based, NEU, who are specialists in LFP battery recycling will ensure a steady supply of recycled battery material, like lithium carbonate and other metals are made available to GMSB’s  Hydrogen-Electric-Vehicle-Battery (HEBATT) Centre for performance testing. GMSB is a subsidiary of NanoMalaysia.

The testing of the recycled material is to ensure their viability and sustainability within the Malaysia battery ecosystem, which would expand to localised development of a lithium battery recycling ecosystem for the ASEAN region. NEU and GMSB will facilitate this supply and development based on spent battery material being used in an end-to-end ecosystem.

This will also pave the way for the exploration of a joint-development programme for improved recycling efficiency between these two companies.

Gigafactory Malaysia Sdn Bhd (GMSB) and Khon Khean University (KKU) to Collaborate on Manufacturing of Cells Developed by GMSB

GMSB’s and KKU’s collaboration will leverage their joint expertise and resources, with KKU acting as the outsourced manufacturer for batteries developed by GMSB. The collaboration will also provide knowledge sharing in battery testing and certification that will lead to productivity advancements at GMSB’s Hydrogen-Electric-Vehicle-Battery (HEBATT) Centre in Malaysia.

This Memorandum of Understanding (MoU) is an extension of an agreement signed at the 2023 ASEAN Battery and Electric Vehicle Technology Conference (ABEVTC) in Bali, which involved key organisations from Singapore, Indonesia, Thailand, Malaysia, and the Philippines.

Aligned with the ASEAN Battery Network’s mission, this MoU aims to strengthen battery technology development within ASEAN.

Institute of Materials Research and Engineering (IMRE), Singapore and INV Corporation to collaborate on Joint Research to Develop Hybrid Battery Separators

A Research Collaborative Agreement will be signed between the Institute of Materials Research and Engineering in Singapore and INV to develop the next generation hybrid battery separators, which will address the challenges of safety faced by current rechargeable batteries.

This collaboration seeks to play on the strengths and IPs in solid state batteries developed in Singapore. INV is headquartered in Singapore and is the largest battery separator film manufacturer in the world. Its production plants are in Sweden and Malaysia.

Samsung SDI Southeast Asia Expansion

Samsung SDI, Korean high performance battery manufacturer began production in Southeast Asia with its first facility in Malaysia in 1992 and built a second plant in Vietnam in 2010. It will also open a second plant in Malaysia in 2025.

To better support its customers in the region, it recently opened two sales offices in Vietnam  and Singapore, with Singapore as the region sales headquarters for South East Asia.

It is also planning to open new sales offices in Malaysia, Indonesia, Thailand and Philippines.

Samsung SDI’s core battery product in Southeast Asia is the “Prime Battery for Maximum Experience” or PRiMX for short. PRiMX batteries are high on performance, reliability and safety using high nickel (low cobalt) cathode and silicon anode.

As the company’s vision, expect to make the world greener and sustainable through innovative technology.

Hosting of the ABTC is rotated among the co-organisers.  In 2025, TESTA will host the ABTC in Thailand.

For more information on the programme agenda, please visit our official site: https://reg.eventnook.com/event/ABTC2024/home

The conference’s anchor sponsor is Hyundai Motor Group Innovation Center Singapore (HMGICS), with the gala dinner sponsored by INV Corporation Pte Ltd.

Gold sponsors include Amphenol Communications Solutions, Quantel Pte Ltd, Infineon Technologies Asia Pacific Pte Ltd, and Gotion Singapore Pte Ltd, while silver sponsors are Concord New Energy Group Limited, Kewell Technology Co.,Ltd., Metrohm Singapore Pte Ltd, TME Systems Pte Ltd.

Additional sponsors include Samsung SDI Southeast Asia Pte. Ltd, Siemens Industry Software Pte Ltd, UL Standards & Engagement, and NEWARE Technology Limited. Publicity partners are the EV Association of Singapore, EV Association of Malaysia, and Turn Off Turn On Ventures.

Media Contact
PRecious Communications
abtc@preciouscomms.com

About ASEAN Battery Technology Conference

ASEAN Battery Technology Conference (ABTC) stands out as the premier battery conference in ASEAN, attracting an audience of over 250 participants. We look forward to engaging with a diverse range of participants, including cell manufacturers, pack integrators, and recycling companies. The mission of ABTC is to bring together regional battery expertise, creating unique opportunities within the global battery value chain.

The primary objective of ABTC is to foster collaboration among stakeholders in the battery industry. We aim to facilitate insightful discussions covering various topics, such as advanced battery materials, prototyping, cell-to-pack technologies, and recycling strategies.

In addition to these focal points, the conference will explore related aspects such as standards, interoperability, and the ongoing evolution of battery safety technology.

Organisers of ABTC

About Singapore Battery Consortium

Singapore Battery Consortium (SBC) aims to foster strategic R&D partnerships amongst public research performers and industry players in developing and advancing battery technologies. SBC aims to develop and catalyze the local ecosystem in battery-related technologies through this platform. It is hosted at A*STAR and supported by the National Research Foundation Singapore (NRF). Over the past decade, commercial interest in battery development has been on the rise, keeping pace with demand for better battery performance and different performance characteristics for increasingly complex mobility and portable devices. To meet this demand, the Singapore Battery Consortium will bring research outcomes from our laboratories into the market by enabling researchers to understand business requirements, while giving companies access to the latest battery research and technologies to augment their product development efforts.

About Thailand Energy Storage Technology Association (TESTA)

TESTA or THAILAND ENERGY STORAGE TECHNOLOGY ASSOCIATION aims to help connect stakeholders, educate the public, promote understanding, and nurture technological advancements in energy storage technologies in Thailand. TESTA was officially registered on January 25, 2021, by 5 founding institutes including the National Science and Technology Development Agency (NSTDA), Khon Kaen University (KKU), King Mongkut’s University of Technology Thonburi (KMUTT), King Mongkut’s University of Technology North Bangkok (KMUT-NB), and Electric Vehicle Association of Thailand (EVAT). Over 60 members of the association include energy storage technology enthusiasts from various sectors ranging from academic, research institutes, public sectors, policymakers, and private industries.

About National Center for Sustainable Transportation Technology (NCSTT)

The National Center for Sustainable Transportation Technology (NCSTT), or Pusat Pengembangan Teknologi Transportasi Berkelanjutan, is from Indonesia and is a unique multidisciplinary research center focused on conducting, supporting and encouraging applied engineering and technology for transportation systems in Indonesia. NCSTT has been recognized globally as the research center which aims to foster the national transportation industry in developing national economics and welfare. NCSTT has built network linkages and research collaborations with national transportation stakeholders such as automotive, railway and aircraft industries, as well as research institutions and universities.

About National Battery Research Institute (NBRI)

The National Battery Research Institute (NBRI) was legally established on 17th December 2020 as The Center of Excellence Innovation of Battery and Renewable Energy Foundation, with Prof.Dr. Evvy Kartini as a Founder and Prof Alan J. Drew as Co-Founder. NBRI is Indonesia’s independent institute for electrochemical energy storage science and technology, supporting research, training, and education. NBRI aims to contribute to the overall research capacity and training environment in Indonesia in Battery Research. NBRI is a platform that brings together scientists, academicians, industry partners, the government and all stakeholders that focus on battery technology. The main goal of NBRI is to encourage and support a battery manufacturing industry using local resources, which will enable Indonesia to be independent in energy. The NBRI was supported by the UK Government’s Global Challenge Research Fund (GCRF), part of the Queen Mary University of London QR allocation.

About Electric Vehicle Association of Philippines (eVAP)

eVAP envisions a nation wherein the use of electric vehicles is highly promoted, encouraged and supported by its government and society to develop a transportation landscape that is one with the environment ecologically and economically. eVAP’s mission is to educate the public on environmental awareness, and the economic and ecological benefits of electric vehicles through the conduct of and/or participation in promotional activities.eVAP aims to accelerate society’s conversion from using gas-powered vehicles to electric vehicles and works with the government in the creation and implementation of legislation that will support and encourage the use of electric vehicles.

About NanoMalaysia

NanoMalaysia Berhad was incorporated in 2011 as a company limited by guarantee (CLBG) under the Minister of Science, Technology and Innovation (MOSTI) to act as a business entity entrusted with nanotechnology commercialization activities. Some of its roles include commercialization of nanotechnology research and development, industrialization of nanotechnology, facilitation of investments in nanotechnology and human capital development in nanotechnology.

UK’s Largest EV Show Returns for 4th Edition Driving Innovation with Policy Leaders, Product Launches, and EV Innovations

The London EV Show, UK’s largest EV event, has made a powerful comeback for its fourth edition. To be held in ExCeL London on November 26-28, 2024, the show promises to be bigger and more impactful than ever. Building on the remarkable records of the past editions, #levs24 is all set to welcome 15,000+ attendees, 350+ exhibitors, 180+ speakers and 70+ media partners from across the world.


“The response to LEVS 2023 exceeded all expectations,” said Shariq Abdulhai, CEO of the London EV Show. “As we are all set for the 4th edition, we are poised to elevate every aspect by bringing together a powerful cross-section of the EV world.”

Key Highlights of the 3rd Edition:

– EV Enthusiasts Converge: With over 7,300+  business visitors from the entire EV value chain, the event displayed great enthusiasm towards electric vehicle adoption.

– Supportive Policy: The London EV Show unveiled groundbreaking initiatives outlined by London’s Deputy Mayor for Transport, showcasing the city’s ambitious plans for the electric vehicle infrastructure.

– Cutting Edge Exhibition: Including renowned brands like Tesla, Ford, Tofco, Hedin Automotive etc, #levs23 hosted 220+ exhibitors showcasing all the latest and greatest from the EV landscape.  Link to the full list of Exhibitors 2023

– Experts On Stage: Over 150+ speakers including key figures like the Deputy Mayor for Transport, Seb Dance, De Jack Chambers | Minister of State | Department for Transport (Ireland), Jon-Ivar Nygård | Minister of Transport |Ministry of Transport (Norway) graced the event with their valuable presence,  shared groundbreaking insights and made remarkable announcements.  Link to the full list of Speakers2023.

– Media highlights: With participation of  120 journalists, the event got featured by renowned publications like BBC, Forbes, Business Insider, The Business Standard and Daily Express, BloombergNEF (BNEF), IOT Now, The EV Report, IBT UK etc. Link to the full list of Media Partners 2023.

– Launchpad for Innovation: #levs23 witnessed important product launches from established industry players including Exicom’s UK market entry, Lotus’ new charge solutions and the debut of EKOENERGETYKA’s Axoneasy 400, were the important highlights of the event.

– Global Attendance: With the participation of more than 4000 companies, the growth of the EV industry was palpable on the floor. Link to list of participating companies. Link to the list of participating companies.


With an exceptional track record of the past edition, this year’s London EV show will exceed all expectations by convening the EV industry in its entirety. From hosting brilliant minds at a top notch conference to showcasing latest innovations from top ev players, #levs24 is all set to set a new benchmark in the global EV industry. The show promises to be even bigger and more influential than ever before featuring  Test drives tracks, networking zones, micro mobility zones, product launch area,  workshops, startup acceleration programmes, ministerial sessions, expert-led panels and much more.

Registration for the London EV Show 2024 is now open. REGISTER YOUR INTEREST HERE

For more details contact:
Madhiya Nabi
PR and Communications Manager
madiya.nabi@valiantbmedia.com
Phone No.: +44 20 3287 8878

Genetec Sets the Stage for Higher Growth Following a Strong Q3FY2024 Performance

Timely execution and delivery of high-quality projects, boosted by new products and business development efforts ramps up momentum for its electric vehicle and energy storage segments

Key Financial Performance Highlights for Q3FY2024:

  • Strong RM76.9 million revenue, with margins jumping to high double-digits.
  • PBT for the quarter stands at RM25.2 million, with a margin of 32.7%.
  • PAT for the quarter stands at RM22.9 million, with a margin of 29.8%.

Technology leader in providing fully customised, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (Genetec or the Company) recorded another strong quarter for their third quarter financial year 2024 (Q3FY2024), continuing the strong business and execution momentum highlighted at the beginning of the FY2024. The Company recorded a higher revenue vis-à-vis the preceding quarter, with all major financial indicators showing significant double-digit growth. This is notable despite the year-on-year (YoY) decrease in revenue for the quarter to RM76.9 million from Q3FY2023’s RM85.1 million. Genetec’s profit before tax (PBT) and profit after tax (PAT) stood at RM25.2 million and RM22.9 million for the quarter under review versus RM13.9 million and RM12.5 million a year ago.

The Company delivered a high gross profit margin of 46.8%, which reflects a 16.2% increase on a YoY basis. This increase is attributed to higher margins in its product mix for the quarter under review. Genetec reiterated that the lower turnover for Q3FY2024 was not reflective of the pipeline strength or sentiment, but the project progressions and billings, as is typical in industries with large project values. The Company said the Electric Vehicle (EV) and Energy Storage segments continued to maintain its dominance as Genetec’s primary revenue stream, contributing nearly 100% of total revenue, accumulated over the last nine months.

Genetec Co-founder and Managing Director Chin Kem Weng highlighted, “Our efforts in 2023 are paying off as Genetec continues our momentum into New Year 2024. As a Group, the teams have been working hard on our product and business development to secure our pipeline and to build new leads across all our business segments, especially in renewable energy with MYBESS. As such, our performance for this quarter remains strong and consistent with our outlook at the beginning of our financial year 2024 (FY2024). In addition, all key financial metrics show double-digit growth, reinforcing the Group’s discipline and management of our supply chain. Moving forward, we are optimistic on the Company’s performance and the timelines in translating the projects secured to be reflected in the remaining quarters for the financial year ending 2024.”

Chin emphasised that, countries globally are ramping up efforts in RE although the timeline of the shift will be for the long-term. Likewise for Malaysia, the shift to RE and EVs continue to gain traction due to increasing pressure from governments and consumers. “The S&P Global Commodity Insights forecast nearly USD 800 billion in clean energy investments for 2024, which is 10% – 20% higher than 2023 levels[1]. Following many years of policy discussions and framework launches, 2024 is a year of execution. This is a time for infrastructure planning, spending and set up to support the shift away from fossil fuel to electric. Companies in the ecosystem, especially EVs are ramping up their production capacities to cater to future demand. As Genetec is in the business of capital expenditure (CAPEX), we have been working hard to position ourselves as the go-to end-to-end turnkey solutions provider for intelligent automation for EV and as of 2023, for RE.”

Genetec added that it will continue to capitalise on such factors while also actively exploring other growth opportunities. At the end of the quarter, Genetec’s earnings per share (“EPS”) stood at 3.04 sen (fully diluted) compared to 2.41 sen (fully diluted) in Q2FY2024.

About Genetec Technology Berhad
Genetec Technology Berhad is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104). Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for our global customers in the Electric Vehicle (EV), Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors. For more information please visit: https://genetec.net/.

Issued by: Narro Communications on behalf of Genetec Technology Berhad

For media enquiries on Genetec Technology Berhad, please contact:
Imelia Kyra
Tel: +6017 848 0977
Email: imelia@narrocomms.com

[1] Source: S&P Global Commodity Insights 2024

eFrancisco Motors and HDEX Sustainable Transit Initiative Accelerates Hydrogen Adoption Across the Transportation Sector

eFrancisco Motor Company (eFMC) and HDEX, the world’s first hydrogen exchange, are thrilled to announce a groundbreaking initiative that transcends mere transactions. This endeavor goes beyond innovation; it’s a movement towards a more connected and environmentally responsible future for public transportation in the Philippines.

Imagine a world where your daily commute not only takes you from point A to B but also contributes to a greater cause – Tied to the heartbeat of the Philippine Peso, the eFMC token brings stability to your financial journey, ensuring peace of mind with every transaction.  Yet, what truly sets this system apart is its commitment to sustainability. It’s not just a mode of payment; it’s a pledge towards a cleaner, greener environment. Powered by a closed-loop hydrogen ecosystem, this token symbolizes a harmonious blend of technology and nature, creating a symphony of progress in the realm of public transportation.

Elmer Francisco, CEO of eFrancisco Motor Company, added, “Our vision is to create more than a mode of transportation – we aim to create a lifetime bond with our users. This is an opportunity for everyone to embrace a journey towards a sustainable and fulfilling future.”

Aron Dutta co-founder of HDEX, shared, “We believe that true innovation goes beyond functionality; it touches the hearts and minds of individuals. This is our way of fostering a connection between technology and the emotions of those who dream of a better, greener world.”

Visit to join us in revolutionizing transportation in the Philippines.

About eFrancisco Motor Company: (https://efmc.ph/)

eFrancisco Motor Company is more than a vehicle manufacturer; it’s a storyteller of journeys towards sustainability. With a focus on electric and hydrogen-powered vehicles, eFMC invites individuals to be a part of a narrative that transcends mere transportation.

About HDEX: (https://hdexgroup.com)

At HDEX, we are committed to advancing the possibilities within the evolving hydrogen market, offering a reliable platform for seamless trade and contributing to the sustainable future of energy. HDEX is a global company based in the United Kingdom. 

Contact Details:
HDEX
info@hdexgroup.com

Dubai Taxi (DTC) Launches Regular Taxi Service for People of Determination

The Dubai Taxi Co PJSC (“DTC”), a leading provider of comprehensive mobility solutions in Dubai, has announced the launch of a new service for people of determination (POD), enabling them to book regular taxis through “DTC App”.

Importantly, it includes the option for users to avail of the same 50% discount that is offered with the dedicated service for people of determination. The system is designed to be accessible for holders of the Sanad card for people of determination in Dubai, enabling them to use this service efficiently and electronically.

The new initiative comes in line with DTC’s commitment to improving services for people of determination, adhering to the highest international standards in public and transport services.

It also reflects the company’s social responsibility and its efforts to introduce smart initiatives that support the government’s goals of integrating and empowering people of determination in the community, thereby enhancing their happiness and quality of life.

Innovative proactive services

Abdullah Ibrahim Al Meer, Acting Chief Business Transformation Officer at DTC, emphasized that the launch of the new service reflects the company’s commitment to continually enhance its services and offer an innovative model of smart and proactive services. “We look forward to enhancing customer satisfaction, particularly among people of determination,” Al Meer added.

“DTC has always strived to align its services with the needs of people of determination, in compliance with the highest global standards, and we will continue to do so to provide them with top-tier transportation services and contribute significantly to Dubai’s reputation as an inclusive city for people of determination,” he further said.

Al Meer noted that there has been a growing demand for DTC’s vehicles designed for people of determination. Consequently, the launch of this digital service is part of the company’s efforts to expand and streamline the provision of transportation services for this group by leveraging modern and efficient methods. This service enables people of determination, including residents, visitors, and tourists, to access regular taxi services conveniently and swiftly, further enhancing their mobility.

Speed and flexibility

Dubai Taxi Company currently offers the “People of Determination Taxi” service through its smart application, featuring modern vehicles equipped with state-of-the-art amenities to ensure a comfortable and convenient transportation experience. The service guarantees safe and reliable transportation options for people of determination, available round the clock.

Dubai Taxi Co App

The “DTC App” is one of the useful public transport apps in Dubai facilitating residents to book exclusive, safe and comfortable taxis and limousines. The app allows users with multiple taxi and payment options, for instance, direct payment or through the credit card. The Dubai Taxi Co App can be downloaded on Android or iOS.

Contact:
The Dubai Taxi Co PJSC (DTC)
Email: media@dtc.gov.ae
URL: https://dubaitaxi.ae/en

BluWave-ai and Dubai Taxi Corporation Debut AI Optimization of EV Fleet

  • BluWave-ai EV Fleet Orchestrator shows 13% improvement in efficiency for COP28 Tesla taxi fleet connected via Smartcar’s vehicle API

Aligned with COP28 Transport Day and the UAE’s sustainability goals, BluWave-ai and Dubai Taxi Corporation (DTC) announced the results of their collaboration to introduce a revolutionary AI software-driven energy optimization solution for DTC’s fleet of 200 Tesla electric vehicles (EVs) in a world’s first-ever achievement. Dubai Taxi has an ambitious electrification program, replacing conventional fossil-fueled taxis with Teslas in order to meet its sustainability targets, one of the first taxi fleets in the world to do this.

BluWave-ai and Dubai Taxi

The solution, BluWave-ai EV Fleet Orchestrator automatically solves the problem of when, where, and by how much an EV taxi should charge in order to be charged and ready for service at the right times and avoid missing out on trips while charging. The system optimizes road network and charging/grid side operations in real-time, 24×7 eliminating the need for human operators to manually make decisions to deal with operational challenges. It also reacts to changes in the road network as well as in the charging infrastructure availability.

The deployment of BluWave-ai’s EV Fleet Orchestrator with DTC’s electric fleet has demonstrated significant improvement in operating efficiency for the overall fleet:

– 12% increase in revenue from the EV fleet
– 13% increase in EV paid trip distance driven
– 52% decrease in fossil fueled vehicle km driven to cover EVs while they charge
– Reduced or eliminated need for fast charging, which will result in extended EV battery life.

By going live with BluWave-ai’s EV Fleet Orchestrator, DTC is the first taxi operator to deploy the AI approach. The results show that by saving operational costs, the system quickly pays for itself. As part of the solution, a dashboard is included that provides an easy comprehensive view of the savings and reduction in emissions.

BluWave-ai’s EV Fleet Orchestrator solution runs on a comprehensive city-wide taxi trip demand model built from trip records spanning multiple years of taxi operations. It pulls in operating data from the EV taxi fleet in real time using a direct over-the-air telematics integration to Tesla vehicles via the Smartcar API, as a result of a partnership between the two companies. By registering the DTC Tesla taxis with BluWave-ai via the Smartcar API, real-time data on taxi telematics and state of charge was instantly fed to AI models. These models predicted where and when to best charge and position vehicles for fare maximization while maximizing electric miles on the road and using energy at favourable times for the grid.

“Smartcar is proud to bring our vehicle API technology to the BluWave-ai EV Fleet Orchestrator,” said Sahas Katta, CEO of Smartcar. “This partnership is pivotal in helping reduce carbon emissions from vehicle fleets by enabling BluWave-ai to seamlessly integrate with DTC’s Tesla EV fleets, power AI-driven optimization, and accelerate the path to realizing operational benefits.”

“By hooking up our EV Fleet Orchestrator to the network, once live data comes through to the cloud and starts training models, it quickly is able to optimize the system performance and deploy those models for DTC’s fleet,” said Devashish Paul, BluWave-ai founder and CEO. “We are proud to work with DTC as a forward-thinking taxi fleet operator, having validated the benefits in both operational costs and lifetime cost of ownership.”

To learn more about BluWave-ai’s EV Fleet Orchestrator and how to deploy for your electric vehicle fleet, or to schedule a free consultation meeting at COP28 Dubai with BluWave-ai CEO and lead technical staff, contact info@bluwave-ai.com

Contact Information
Brandon Paul
Senior Corporate Marketing Manager
brandon.paul@bluwave-ai.com

TVS Motor Company Forges Strategic Partnership with Emil Frey for Key European Markets

TVS Motor Company – a leading global automaker that operates in the two and three-wheeler segments – today announced its entry into Europe by signing an agreement for import and distribution with Emil Frey, a 100 year old enterprise and a leading name in automotive distribution.

This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey’s extensive distribution network and deep market insights in Europe. TVS Motor Company, known for its commitment to innovation and quality, is set to offer European customers a diverse range of high-performance and technologically advanced two-wheelers.

Lorenz Frey-Hilti, Director Emil Frey Group & Sudarshan Venu, Managing Director, TVS Motor Company announcing the partnership

Both TVS Motor Company and Emil Frey share a commitment to responsible and sustainable mobility and place a strong emphasis on delivering impeccable customer service and satisfaction. TVS Motor Company’s focus on providing cutting-edge and pioneering solutions, combined with Emil Frey’s deep ability to understand local customers and their evolving needs has helped create a unique DNA for this partnership, which will form a strong foundation for TVS Motor’s expansion in Europe.

Emil Frey is among the largest automobile importers and retailers in Europe, serving many leading automotive brands across the region. As part of this partnership, Emil Frey Group entities will take charge of the distribution of TVS products in selected countries, utilizing their Sales, Marketing, and Service networks. Among the TVS products being made available in Europe will be TVS Jupiter 125, TVS NTORQ , TVS Raider, TVS iQube S, TVS X, TVS Ronin, TVS Apache RR 310, and TVS Apache RTR 310.

TVS Motor products are already sold in 80+ countries spanning the geographies of Asia, Africa and Latin America. Exports comprise nearly 25% of the company’s business as of H1 FY 2023 – an endorsement of the company’s high quality, technologically superior offerings and its R&D capability.

Announcing the foray into Europe, Sudarshan Venu, Managing Director, TVS Motor Company said, “This strategic alliance with Emil Frey is a crucial step in our global expansion strategy. Europe will be a key market for us, and through this partnership, we aim to bring our cutting-edge products closer to European customers.In having a partner like Emil Frey, there is a coming together of two century old, pedigreed organisations, both driven by shared values of responsible and sustainable mobility and customer service. Together, we are excited to serve customers and two-wheeler aficionados in Europe and look forward to a successful partnership.”

Lorenz Frey-Hilti, Director Emil Frey Group said, “We take great pride in forging a robust and loyal partnership between our two esteemed traditional companies in the mobility sector. Together, we seamlessly blend heritage with innovation. I am very proud that TVS Motor Company is relying on our expertise in the European market and using our distribution network to bring their great products to customers. Our two companies complement each other perfectly and I look forward to seeing this partnership flourish.”

This partnership is based on the principles of trust, mutual respect and performance. The two companies plan to use their collaborative efforts to enter into distribution arrangements for select EU markets, prioritising countries with strong two-wheeler demand coupled with existing Emil Frey infrastructure and resources to build the distribution network. France will be the first country for the launch, where an entire suite of TVS Motor products including ICE and EV models will be made available starting January 2024, consequent to this agreement.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE:TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com.

About Emil Frey Group

The Emil Frey Group, a family-owned leading player in the European automotive sector, has been a mobility specialist for almost 100 years. Founded in 1924 in Zurich, Switzerland, the Emil Frey Group has grown from a local company to an innovative mobility specialist offering a diverse portfolio of products and services to meet the evolving needs of its customers. Founded on the principle of always serving customers promptly and conscientiously, while remaining a modest specialist, the Emil Frey Group today counts more than 25,000 specialists in 19 European countries, dedicated to providing exceptional products and services to its customers. For more information, please visit www.emilfrey.ch.

For more information, please contact:

KS Harini: ks.harini@tvsmotor.com / Priyanka Kumar: Priyanka.kumar@tvsmotor.com 

Plans for Electric Vehicle Battery Charging Facilities in Southeast Asia with Groundbreaking Battery Checking Service

  • These facilities aim to boost the adoption of EVs in the region and help meet ASEAN’s target to achieving net-zero by 2050

Tinergy Renewable Energy, a pioneer in renewable energy solutions, have signed a Memorandum of Understanding (MoU) with Santa New Energy, to build electric vehicle battery checking centres in Singapore, Indonesia and Malaysia. Santa New Energy is an important strategic investment of Contemporary Amperex Technology Ltd (CATL), the world’s leading battery provider and the largest maker of electric vehicle (EV) batteries.

Currently, batteries in EVs do not get checked nor tested when they are being charged at charging stations and drivers will only be informed of the battery’s deteriorating health when they receive a warning light. The planned battery charging and checking centre will be equipped with battery online detection technology pioneered by Santa New Energy to provide complete and comprehensive battery checking in a single charge process without the need to dismantle the vehicle or change the vehicle strategy.

To bring about this solution in Asia, Tinergy Renewable Energy has recently partnered with B2G Energies, a leading renewable energy company, in a separate MoU signing ceremony to bring about solutions for low-carbon cities. This is done by conducting feasibility studies, identifying suitable technologies, and setting clear objectives for reducing carbon emissions.

From L-R: B2G Energies Founder and CEO, Garry Tay and Tinergy Renewable Energy Founder, Milo Zhang signing the MoU

“As Singapore targets phasing out combustion car sales by 2030, and with various incentives put in place to encourage the adoption of EVs, there needs to be effective and reliable EV battery checking facilities to ensure the longevity and sustainability of EV batteries,” said Garry Tay, Founder and CEO of B2G Energies. “Our collaboration with Tinergy Energies and Santa New Energy to bring this facility to Singapore and is in support of the Singapore Green Plan 2030 by the Singapore government, aimed at reducing carbon emissions.”  

“Tapping on CATL’s battery expertise and development, Santa New Energy has developed the world’s first EV battery charging and checking system that is fast, efficient, and easy to implement with low cost, high precision and accuracy,” said Xue Kai Lei, Executive Director of Santa New Energy. “We have already successfully implemented our technology at the world’s first low carbon park in Xiamen, China, integrating EV power battery technology research and development, power battery big data center, battery checking, and new energy vehicle after-sales service, and plans to replicate the model in this region.”

China has the largest EV market in the world, accounting for 60% of the total EV globally. By bringing Chinese expertise on EV batteries and adopting Santa New Enegy’s low carbon park model in Xiamen to this part of the world, the consortium aims to provide a comprehensive EV after-sales service in Singapore, Indonesia and Malaysia. These services include battery maintenance and repair, second-hand EV sales evaluation, battery recycling, and other EV-related needs.

From L-R: Mr Li Bing, Mr Wang (Tinergy Renewable Energy), Mr Xue (Santa New Energy), Mr Garry Tay (B2G Energies), Mr Zhao, Mr Fang (Santa New Energy) at the carbon park in Xiamen

Milo Zhang, Founder of Tinergy Renewable Energy said, “Tinergy is at the forefront of providing renewable energy solutions to reducing carbon emissions, conserving resources, and creating a more sustainable world. Our MoU with B2G Energies and Santa New Energy is an important step in building these battery checking facilities and infrastructure in the region, as part of the region’s push to get more drivers to adopt EVs.”

The adoption of EVs in Southeast Asia in comparison is very low, making up only 2.1% of total vehicle sales in Southeast Asia in 2022 due to the slow development of charging infrastructure and the relatively higher cost of EVs. This collaboration promises a more reliable and friendly EV charging infrastructure that can simultaneously check the battery health while providing a charge to the vehicle. This would help in boosting the adoption of EVs in the region and meet the region’s targets to achieve net-zero greenhouse gas (GHG) emissions or to become carbon neutral by 2050. More detailed information on the locations of the battery checking facility will be announced at later dates.

About B2G Energies
B2G Energies is a leading renewable energy company specializing in Energy Storage Systems and Energy System Integration. We are dedicated to delivering sustainable and innovative solutions that reduce carbon emissions, being at the forefront of the transition to clean and green energy sources.

About Tinergy Renewable Energy
Tinergy Renewable Energy is a pioneer in renewable energy solutions, specializing in projects that harness the power of renewable resources. With a vision to transform the energy landscape, Tinergy Renewable Energy is committed to promoting clean and sustainable energy practices.

About Santa New Energy
Santa New Energy Technology Co., Ltd is a company founded in January 2017 with a primary focus on constructing and operating new energy vehicle aftermarket service networks. Their mission is to drive the growth and health of the new energy vehicle industry. Over the years, they have achieved various milestones, including partnerships with key players, expansion into insurance-related services, and the development of an industrial park for new energy vehicle after-service. Their work reflects a commitment to advancing the new energy vehicle sector and related industries.

How the Valo Hyperfoil is playing a leading role in the marine mobility revolution

Why is foiling the future, and how can it give you the ride of your life? How one visionary company started with those questions and let their ideas take flight.

Valo Hyperfoil is a two-person electric foiling PWC (personal watercraft) that seamlessly combines an exhilarating experience with visionary design

Tech start-up Valo has revealed more details of its revolutionary new personal watercraft, the Valo Hyperfoil. This unique new product has already seen immense demand from consumers, with the limited production run of Founder’s Edition vehicles to be built in 2024 already being oversubscribed by 300%. The general production run is scheduled for 2025 with pre-orders currently open.

The Valo Hyperfoil is a two-person, high-performance, all-electric thrill ride that marks the evolution of the jet ski. Having moved from concept to first prototype in a matter of months, the rapid pace of development matches the scintillating performance and handling that it offers riders. The craft features a twin-foil setup with a 45kW drive motor and proprietary Skyride flight stabilization system.

With retracting foils, the Valo Hypefoil is easy launched and transportable on a standard trailer

Inspired engineering

It’s a dream that Ed Kearney – the company’s founder and CEO – has held since childhood when his father showed him a video of an early foiler. “I was about 12 or 13 years old, and my dad – who was an inventor kind of guy – showed me this video of some MIT students who had built a pedal-powered hydrofoil boat that broke the world record for a human-powered boat because it was so efficient,” Kearney says. “I remember asking myself, why aren’t all boats like this? Here is a technology that can completely revolutionize how we transport things on the water by making them ten times more efficient and incredibly comfortable at the same time”.

Born and raised in Australia and studying engineering before moving to California seven years ago, Kearney noticed that there was not much in the way of commercial hydrofoil development. “So I said why don’t we just do this? I wanted to create something no one else was making, because it was captivating and the world needed it.”

Taking flight

It is these cues from other industries, and drawing on the expertise of people like pioneering foiling naval architect Paul Bieker who serves as a consulting designer on Valo’s designs, that have led to the rapid development of the Valo Hyperfoil. The team – which was joined in early 2023 by CTO Reo Baird, a tech entrepreneur and boat fanatic who had previously been developing foiling boats with the company Navier – moved from concept to prototype in just six months, showing not only the pace and flexibility of an agile start-up but also proving that the concept was built on rock-solid design and engineering principles.

Since then, the team has tweaked the design to further enhance the experience for riders, moving to a twin-foil canard system for the foils aligned fore and aft on the centreline, and with the aft strut also housing the shaft-driven propulsion unit. The new design has resulted in 33% less strut drag than the alpha prototype while conferring improved stability and agility, and an increased maximum bank angle. Anhedral (swept-down) wings now deliver 30% more roll authority and contribute to the improved max bank angle.

The Valo Hyperfoil is fully computer stabilized

Technological two-step

At the core of the Valo Hyperfoil’s performance is the clever foil package and shaft-driven propulsion system, which can propel the craft at a max speed of 35 knots while offering over two hours of endurance, good for more than 60 miles on a single charge. When combined with the proprietary Skyride active stabilization software, the Valo Hyperfoil represents a double step forward in marine mobility.

Skyride is developed fully in-house and has the role of keeping the vehicle stable as it slices through the water and waves. Hydrofoil vehicles are inherently unstable and hard to control since their center of gravity is very high above the point of support, just like walking on long stilts or riding a unicycle – balancing something very top-heavy is hard. Added to that, the vehicle has to operate very close to the surface of the water without going too high or too low.

Skyride solves this by combining data from various sensors around the Valo Hyperfoil and using aerospace derived algorithms to deliver hundreds of micro-adjustments per second to the various mechanical actuators that control the craft to keep it stable and agile.

“The Valo Hyperfoil is fully computer stabilized, and when you turn it enters into what’s called a coordinated banked turn,” CTO Reo Baird explains. “Think of it exactly like when a plane banks and turns, you don’t feel you are being pushed out of the turn and your coffee doesn’t spill because the forces run straight up and down through your vertical axis. This is how the Valo Hyperfoil turns using the Skyride software, and it’s truly exhilarating – and it allows for tight, highly precise turns. Making it feel good is not that straightforward – it’s something we’ve worked on a lot and it’s something we’ve solved!”

The software also allows for various modes – normal and sport, for example – while including full safety features. “The sport mode is designed to deliver much more exhilaration with sharper and harder handling,” says Baird, “but there are also lots of safety elements at the limit to make sure you can’t roll the Valo Hyperfoil over or crash. The software does have a more controlled hand in how the Valo Hyperfoil behaves,” he adds, “but we also want to make sure the driver feels like he is controlling the vehicle. It’s not like using cruise control on a car – it’s heavily weighted to the inputs on steering and throttle from the rider but while maintaining full stability to keep it safe. It’s a very delicate balance and it’s one I think we’ve struck perfectly.”

Practical magic

Central to the ethos of the Valo Hyperfoil is not only to make it as thrilling and as enjoyable as possible, but also to focus on reliability, robustness and practicality. What this means in practice is that construction will draw on high-quality parts, from carbon fiber, titanium and stainless steel for the body construction to selecting known suppliers for the components – the battery system and electric motor, for example, are being sourced from experienced manufacturers in the US and UK respectively.

Further, the team has considered how the Valo Hyperfoil is likely to be used when designing key elements. Not only is the Valo Hyperfoil trailerable on a standard rig, it can also be beached just like a conventional jet ski thanks to a lifting front canard – the foil slots into a recess in the hull – and a rear strut that tils similar to an outboard, allowing for shallow water propulsion. “It may not seem as simple as having a vertical lifting rear element,” says Kearney, “but the truth is those vertical lifting struts with drive elements can be a nightmare for jamming down or up. Our solution is both highly reliable and highly practical, which means riders can focus fully on the fun without fear of something going wrong.”

What’s more, the nod to sustainable boating with zero emissions, noise and wake means Valo Hyoerfoil riders will be able to explore places that other personal watercraft can’t access – and be able to do so without disturbing other people in the same area. This, perhaps, is as much the leap forward in personal water mobility as the design and hyperformance of the Valo Hyperfoil itself.

Future present

As Valo Hyperfoil moves toward production, with delivery of the first Founder’s Edition models scheduled for 2024, the company is celebrating the pre-launch success of their creation – they have taken more than US$3.3 million in advance orders already. They are also well into the development of a new product range for boat builders so they can easily enter the electric foiling era.

“It very much feels like the dawn of a new age for the marine industry,” says CTO Reo Baird. “It’s clearly the right time and place for the marine industry to make this move forward toward a new type of marine mobility.”

“It’s clean, with zero emissions, zero noise and zero wake; it’s fun, because you can enjoy exhilarating hyperformance in a wide range of sea conditions; it’s safe and comfortable because the Skyride software takes care of everything; and it’s practical, because you can do everything and go anywhere a conventional jet ski can go, and more besides,” Baird concludes. “It’s the future, and it’s right here, right now. We’re very excited to be moving into the production phase, and from the number of orders we’ve already received I think there are a lot of excited people out there too.”

As Kearney himself will tell you, “The Future is Foiling.”

About Valo

Valo is a marine technology start-up backed by the accelerator Y Combinator, Fifty Years, as well as Chris Sacca’s Lower Carbon Capital and former Meta CTO Mike Schroepfer. Their mission is to build the future of clean water transportation by using hydrofoil technology.

For more information: https://www.ridevalo.com/

PRESS OFFICE / SAND PEOPLE COMMUNICATION
sandpeoplecommunication.com
Melissa Nasuelli
valo@sandpeoplecommunication.com
m. +39 345 4480252

US Premiere of the 80 Sunreef Power Eco, the world’s most advanced electric luxury yacht

The 80 Sunreef Power Eco made her official US debut at the Fort Lauderdale International Boat Show 2023. With a strong focus on eco-responsible yachting, Sunreef Yachts Eco presented the world’s most advanced electric luxury yacht at the world’s biggest in-water marine event, October 25-29.

Named after the Norse sun goddess, the 80 Sunreef Power Sól is an electric luxury catamaran using Sunreef Yachts’ revolutionary solar power system and state of the art electric propulsion. Commissioned by an experienced family of yacht owners, this exclusive solar yacht combines long private cruises with sustainable luxury charters.

Using Sunreef Yachts’ in-house developed green technology, the 80 Sunreef Power Eco Sól features composite-integrated solar panels
SÓL’s guests enjoy plenty of relaxation space
The 4-cabin luxury catamaran features a custom-tailored layout accommodating eight guests in the utmost of luxury

Solar Power Reinvented

Using Sunreef Yachts’ in-house developed green technology, the 80 Sunreef Power Eco Sól features composite-integrated solar panels, seamlessly built into the yacht’s hulls, bimini roof an superstructure. The ultra-thin ‘solar skin’ consists of the industry’s most efficient cells and is one of the lightest photovoltaic systems in the world. Covering 200m²(2 150 sq ft) the system delivers 36kWp for a steady supply of clean power on board.

The Biggest Battery Bank

Sunreef Yachts Eco catamarans feature custom-engineered battery banks. With a density less than 5.2 kg per kWh, Sunreef Yachts Eco batteries are close to 30% lighter than the average systems commonly used in the yachting world. Boasting a 990kWh battery system, Sól has the biggest battery bank in the category of leisure crafts up to 24m. Powering all the amenities on board as well as the twin 360kW engines, the batteries allow for up to 300 nautical miles of e-motoring in complete silence, with no fumes and no vibration. With an energy-saving air conditioning system and smart energy management, this electric yacht sets new standards for eco-cruising.

All About Comfort

The 4-cabin luxury catamaran features a custom-tailored layout accommodating eight guests in the utmost of luxury. SÓL’s interiors are relaxing, with plenty of natural light and bright finishing materials. The main saloon boasts impressive lounging space and a wet bar. It also opens onto the aft cockpit and bow terrace, where guests can enjoy a spa pool.

Sol’s aft cockpit is an amazing dining and lounging area with spectacular ocean views. Well protected from sunlight and wind, it also features a large day bed.

From the cockpit, guests can easily access the catamaran’s aft platform, jet ski and water toys. Up on the flybridge, SÓL’s guests enjoy plenty of relaxation space with a large c-shaped dining area, a bar and oversized sunpads.

SPECIFICATION

Length overall 23.8 m / 78.6 ft
Maximum beam 12 m / 39.4 ft
Solar panels 36 kWp
Engines 2x 360 kW
Battery bank 990 kWh
Living space 356 m² / 3831 ft²
Category A
Construction Composite
Naval architecture Sunreef Yachts
Interior design Sunreef Yachts

About Sunreef Yachts

Established in the port city of Gdansk, Poland and Ras Al Khaimah in the UAE by French businessman Francis Lapp, Sunreef Yachts is a pioneering shipyard specializing in the design and construction of fully-customized eco-responsible catamarans and multihull superyachts. 

Innovation, sustainability and excellent craft are the very core of the Sunreef Yachts brand. The shipyard’s family of customers includes superstar athlete Rafael Nadal as well as Formula 1 champions Fernando Alonso and Nico Rosberg among a vast clientele across the globe. 

The Sunreef Yachts Eco range is a line of eco-responsible sailing and power luxury catamarans. The shipyard combines electric propulsion, smart energy management, ultramodern solar panels and ethically-sourced finishing materials for a responsible yachting experience.  

PRESS OFFICE / SAND PEOPLE COMMUNICATION
sandpeoplecommunication.com
Ursula Brzoska
sunreef@sandpeoplecommunication.com
M. +39 333 3992874