Motorsports Archives - Page 2 of 4

Seeing Indonesia’s sports tourism development through Lake Toba F1 Powerboat Championship

One of the most spacious lakes in the world offers a great destination for athletes to compete and tourists to enjoy the scenic vistas

In developing its sports tourism potential, Indonesia holds many championships or sports events, and one of the closest is the F1 Powerboat (F1H2O) World Championship in Lake Toba, North Sumatra, on February 24-26. Lake Toba, one of the most spacious lakes in the world, offers a great destination for athletes to compete, and tourists to enjoy the scenic view.

President Joko Widodo (L) inspects the road expansion and a bridge development in Tano Ponggol, Samosir, North Sumatera as a part of preparing the Toba Lake in North Sumatera as a world class tourism destination in Indonesia.

Assistant Deputy for Sustainable Tourism Development at the Coordinating Ministry for Maritime Affairs and Investment, Kosmas Harefa, stated that the preparation for the F1H2O World Championship in Lake Toba reached 70 percent as of January 24. “It is expected that the preparations are in accordance with the target and all the main gates will have been completed by February 10,” Harefa said in a virtual gathering.

The F1 Powerboat is the world’s largest motorboat racing competition for powerboats, on par with Formula 1 or MotoGP. Harefa revealed that one of the facilities’ constructions, which is a centralized parking location, can accommodate three thousand to four thousand cars. “Currently, the Toba District Government, supported by the North Sumatra Provincial Public Works Office, has prepared a vast parking lot,” he added. According to him, the number of visitors is targeted to reach 20 thousand to 25 thousand, by promoting the event intensively.

Meanwhile, Minister of Youth and Sports Zainudin Amali said Lake Toba as the host of F1H20 is very ready to organize this activity, as proven by the venue readiness and other supporting facilities. “The government has prepared many F1 Powerboat post events, to support the economy of the Toba people,” Amali, who serves as the Chairperson of the F1H2O National Committee, said.

Lake Toba Cooler
He also ensured that the F1 Powerboat at Lake Toba will pamper the visitors, as he claimed the location is cooler than Sharjah, United Arab Emirates (UAE), where the previous F1 Powerboat event was held on December 16, 2022. “In Sharjah, the venue was an artificial lake and the weather was very hot. This is very different from Lake Toba where the air is cool and not artificial,” he explained. He emphasized, the government has been preparing this event very seriously and hoping for support from various parties to make F1 Powerboat 2023 a success.

Moreover, he expressed hope that the F1 Powerboat implementation can result in the emergence of new water sports racing athletes in Indonesia. “We hope that this international event at Lake Toba can find new athletes and hopefully, they can excel,” Amali said. He added, the event can promote local micro, small, and medium enterprises and show the world’s trust in Indonesia in holding international events.

Unique to the world
State-owned tourism holding firm InJourney said that the F1H20 circuit in Lake Toba is the most unique in the world. “This circuit is quite unique because the track is on the lake. We have carried out the homologation (verification of the track’s safety), and the circuit length is 2.2 km. Its shape is unique because Lake Toba is a volcanic lake,” InJourney’s Marketing and Consumer Experience Director Maya Watono said on Wednesday.

Furthermore, InJourney President Director Dony Oskaria said that the F1H20 will involve the local communities. Oskaria explained, the shores of Lake Toba can serve as places for the spectators and local people are allowed to collect fees as long as they are registered as InJourney official partners. InJourney also involved 500 students as event organizers and will give them certificates.

Minister Amali said the F1H20 event can encourage Lake Toba as one of Indonesia’s super-priority tourism destinations, just as Lake Toba has gained the trust of the F1 Committee to host F1H2O for the next five years or until 2027.

By Kenzu Tandiah,
Ed: Rahmad Nasution
COPYRIGHT (c) ANTARA 2023

TVS Motor Company’s Chairman Sir Ralf Speth conferred with University of Warwick’s Honorary Doctorate

Sir Ralf Speth, Chairman of TVS Motor Company, has been conferred with an Honorary Doctorate in the field of Science (Doctor of Science, honoris causa) from the University of Warwick, United Kingdom. The honorary degree was conferred by the University of Warwick Chancellor Baroness Catherine Ashton of Upholland.

Sir Ralf is a Fellow of the Royal Academy of Engineering, and a Fellow of the Royal Society. An honorary professor at Warwick Manufacturing Group (WMG), he has been closely associated with WMG ever since obtaining his engineering doctorate in 2008, under the pioneering leadership of former WMG Chairman, Lord Bhattacharyya. An outstanding engineer with a vast experience in the global automotive industry, Sir Ralf has held leadership roles with some of the renowned automotive and industrial giants such as Jaguar Land Rover, BMW, Ford, Tata Motors, and The Linde Group. He was appointed Honorary Knight Commander of the British Empire and an Additional Knight Commander of the Most Excellent Order of the British Empire.

Commenting on the honour, Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, “My heartiest congratulations to Ralf for this well-deserved recognition. Over his distinguished career in automotive and industrials of more than four decades, he has built world class products and brands. He has been relentlessly working towards transforming the industry with his passion for technology and strive for excellence. This honour is a testament to his leadership, vision, and dedication to the industry, and we are privileged to have him lead TVS Motor Company in its transformational journey.”

Sudarshan Venu, MD, TVS Motor Company, said, “Sir Ralf’s exemplary leadership skills, tremendous vision for the industry, and discerning approach towards technology make him unique. His energy and passion is inspiring. We are proud to have him amongst us. We wish him many more accolades recognising his immense contributions to the industry.”

Sir Ralf has a degree in engineering from the University of Applied Sciences Rosenheim, Germany, and a doctorate of engineering in Mechanical Engineering and Business Administration at the University of Warwick.

About TVS Motor Company

TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We are the only two-wheeler company to have received 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 consecutive four 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.

For more information, please contact:
Priyanka Kumar
Priyanka.kumar@tvsmotor.com

TVS Motor Company readies itself to rule the virtual world of racing; Introduces the TVS Apache RR 310 in Gameloft’s Asphalt 8: Airborne, for racing enthusiasts

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, announced today its partnership with Gameloft for brands for Asphalt 8: Airborne featuring its flagship motorcycle, TVS Apache RR 310. It makes TVS Motor the first Indian two-wheeler manufacturer to bring a virtual racing experience of its motorcycle to Gameloft’s Asphalt 8, one of the world’s leading motor racing game. This integration marks TVS Apache’s foray into the world of gaming, extending its commitment to deliver an unparalleled racing experience to its 4.8 million+ customers, online as well as offline. It is in line with the growing interest for gaming amidst the racing enthusiasts and target audience for TVS Apache, making this integration another medium for the company to engage with enthusiasts across the world even when they are off their motorcycles.

The TVS Apache series built out of TVS Racing, is based on the “Track to Road” philosophy. This philosophy manifests itself in each of TVS Apache motorcycles through the best-in-segment performance, technology and unique stye.

Commenting on the partnership, Vimal Sumbly, Head Business – Premium, TVS Motor Company, said, “TVS Motor Company is excited about its partnership with Gameloft for brands, as it brings TVS Apache RR 310 in the popular gaming franchise – Asphalt 8: Airborne. TVS Apache series has been instrumental in flourishing premium motorcycling culture and is a popular brand among motorcycle enthusiasts and the Gen-Z. We are sure that this collaboration with Gameloft will help in increasing the awareness for TVS Apache brand, targeting a new set of audience while engaging online with our customers. With initiatives like these, TVS Apache has become one of the fastest growing brands in its segment, and continues to demonstrate its focus on bringing innovative platforms to connect with the customers.”

Speaking on the integration, Alexandre Tan, SVP Brand Partnerships & Advertising at Gameloft for brands, said, “TVS Motor is a great partner and we are excited that they are joining us for the first time in this new competition. With this new partner, we are thrilled to bring new innovative and exclusive in the game, creating a deeper connection with the TVS Motor brand and the Asphalt franchise community.”

Key highlights:

– As part of this association, gamers across the world can now compete against each other on TVS Motor Company’s flagship motorcycle – the TVS Apache RR 310
– With this new integration, the 4.8 million TVS Apache customers and owners worldwide will get an all-new platform to experience their favourite TVS Apache RR 310 virtually in an exciting setting
– TVS Motor is the first Indian two-wheeler manufacturer to bring its motorcycle to the popular gaming franchise
– Players will discover the new TVS Apache branded booster & billboards and the new TVS Apache World Series Season. In the process, they also stand a chance to win exciting prizes
– TVS Apache customers find keen interest in online gaming, and this association is set to bolster the brand’s awareness and imagery in engaging newer audiences
– The TVS Apache RR 310 integration in Asphalt 8: Airborne can be experienced in Career, Player vs Player and Multiplayer modes

About TVS Motor Company

About Gameloft for brands

Gameloft for brands offers leading advertising and gamification solutions to help brands better connect with their audiences. Through interactive content and immersive experiences supported by its extensive in-game media network, Gameloft for brands leverages its longstanding gaming expertise to engage people in meaningful ways with an unparalleled level of transparency and safety. Gameloft for brands has received the TAG Certification Against Fraud Seal and follows MOAT’s standards. To date, Gameloft for brands has delivered more than 10,000 campaigns for prestigious brands such as Air France, Coca-Cola, Ferrero, Ford, FOX, Automobili Lamborghini, ING, Netflix, Procter & Gamble, Samsung and LEGO, in over 40 countries around the world (North America, Latin America, Middle East, Africa, Europe, Asia, etc.) and our work has been honoured with over 50 awards from marketing organizations.

For more information, please contact:
Namrata Sharma – Namrata.sharma@adfactorspr.com

D3eSports Announces REV3AL Partnership for Virtual-to-Real E-Racing Programs

D3eSports, a division of StemGen Inc., (OTC: SGNI), today announced REV3AL, a leading cybersecurity company in the Web3 space, as a new partner in D3eSports’s virtual-to-real e-racing programs.

The partnership and esports program align with REV3AL’s core values of safety and performance, and both companies believe strongly in a shared vision of providing meaningful community engagement that incorporates education and sustainable development and collaboration among like-minded people and companies.

‘We are happy to have REV3AL join our virtual-to-real program with StemGen’s D3eSports,” said Simon Dawson, President/CEO of StemGen, Inc. “It is important for us to continue to grow with like-minded companies who are transforming their industries as we all strive for a more sustainable future. Our strategic partnerships embrace our technology-driven plan of the automotive future, along with providing safety, security, and value to our partners and fan communities in both digital and real environments.”

“As Simon says about motorsports safety, ‘the faster you want to go (in racing), the further up the road you have to look’, and the same is true in security and technology,” said Adam Russell, Co-Founder and CRO of REV3AL. “There is an intersection where innovation, preparedness, and expectation meet, and we’re excited to be working towards a shared vision with D3eSports.”

REV3AL will also be participating in STEM-centered education programs to provide Cybersecurity educational guides and content.

ABOUT STEMGEN, INC.
StemGen, Inc. (OTC: SGNI) is growing for future generations in a sustainable way through motorsport-inspired esports technology focused on the digital transformation of motorsports, gaming, and education through strong data insights. The Company generates revenues through audience and education programs delivered through virtual motor sports events platform, and Direct to Consumer (DTC) sale of purpose-built racing simulators and esports retail products. StemGen manages racing and gaming operations on a global basis from the corporate headquarters located in Houston, Texas.

Visit stemgeninc.com for more information.

ABOUT REV3AL
REV3AL is at the forefront of security technology in the Web3 & Blockchain space, with the goal to provide new & dynamic security solutions to protect creators, artists, and users. REV3AL offers the ability to protect digital media assets such as NFTs, Avatars, In-Game Assets and more, by applying a unique, encrypted marker that follows the asset around the internet providing protection at the core creation level. With plans for its own NFT Marketplace and Avatar Creation Portal, REV3AL will provide a fun and engaging, but still security centric user experience.

REV3AL’s vision is not only to solve real problems in the industry today, but also provide simple but robust solutions in the future to protect and provide confidence to the millions of expected new users into the Web3 space.

Learn more about REV3AL: https://www.rev3al.io and https://linktr.ee/rev3altech

NOTICE REGARDING FORWARD LOOKING STATEMENTS
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.

CONTACT:
Barbara J. Burns
BurnsGroup PR
barbara@burnsgrouppr.com
+1 770-329-7134

Ni Hsin Group Unveils Two TAILG EBIXON EV Motorcycle Models

Group targets 15,000 units in sales a year over three years

Ni Hsin EV Tech Sdn. Bhd., a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad (Bursa: NIHSIN, 7215)), today unveiled two models of the TAILG EBIXON EV Motorcycles.

Managing Director of NH EV TECH, Khoo Chee Kong

Mr. Chee Kok Hee, Secretary General of Malaysia Motorcycle and Scooter Dealers Association; Mr. Lee Kun Feng, Vice President of Dongguan Tailing Motor Vehicle Co., Ltd; Yang Berbaqhagia Dato’ Zailani Hj Hashim, Director General of Road Transport Department; Yang Berbahagia Dato’ Seri Rosman Mohamed, Chairman of Ni Hsin Ev Tech Sdn. Bhd.; and Mr. Khoo Chee Kong, Managing Director of Ni Hsin Ev Tech Sdn. Bhd. [L-R]

The models, the TAILG EBIXON BOLD and TAILG EBIXON TORQ, in the personal and commercial use categories, respectively, are assembled at the Group’s manufacturing facilities in Seri Kembangan, Selangor.

Khoo Chee Kong, Managing Director of NH EV TECH, said, “After more than two years of hard work, from the conceptualisation, R&D, experimentation, trial and error, and close collaboration with our formidable partner, Dongguan Tailing Motor Vehicle Co., Ltd, we finally achieved the milestone with the launching of our TAILG EBIXON EV Motorcycles – the Game Changer for Ni Hsin Group.”

The Group started selling coffee from motorcycles in line with BLACKBIXON’s concept of cafe@home cafe@office cafe@anywhere where the BLACKBIXON Coffee Bike can quickly deliver coffee ordered through e-commerce platforms.

Khoo explained, “The first motorcycle we experimented with was an internal combustion engine (ICE) motorcycle which was not efficient as it was burdensome and costly, and we wanted a vehicle that is environmentally friendly. After a series of trials and experiences, an electrical motorcycle that was clean and has zero tailpipe emission was successfully developed, as our BLACKBIXON Coffee Bike last year.”

“We soon realised that there is a market for this purpose-built machine. The COVID-19 pandemic brought about a spike in e-commerce and hence the demand for delivery services. Motorcycles are a popular choice for its quicker delivery time and low maintenance. In light of global warming, EV motorcycles make perfect sense as they are energy efficient and cheaper to maintain.”

“There are lots of opportunities for the use of EVs, with the government providing incentives in the form of tax reliefs for the assembly or manufacturing of EVs, component parts, and the development of EV ecosystems such as charging facilities. The government as well as government-linked companies (GLCs) are also expected to adopt the use of EVs. Also, the global electric scooter and motorcycle market is estimated to grow at a CAGR of 10.2% to US$93.9 billion by 2031 from US$35.3 billion in 2021.”

“Our target is to sell 15,000 units of TAILG EBIXON EV Motorcycles a year over the next three years covering the Asia Pacific region. We are deep in negotiations with several organisations, GLCs, government agencies and dealers to promote, market and distribute our EV motorcycles in the region. Our business model includes outright sale and rent-to-own modules to businesses as well as consumers.”

The Group’s venture into the manufacture and assembly of EV motorcycles underscores its commitment to social and environmental responsibilities while creating a green revenue stream in carbon trading, in which emissions are treated as either carbon credits or offsets that can be sold in a carbon market such as Bursa Securities Malaysia Berhad’s voluntary carbon market (Bursa VCM), to be opened by the end of 2022.

Ni Hsin’s EV motorcycle business generates carbon offsets that can be sold to other companies to reduce their carbon footprint. The Bursa VCM will, besides providing transparency in the carbon credit market, boost investments in high-quality offsetting projects such as planting trees or shifting to cleaner fuels.

In conjunction with the unveiling of the two TAILG EBIXON EV Motorcycle models, Ni Hsin will also sign Memorandum of Agreements with several esteemed and well-connected organisations, including MIMOS Berhad, Projek Lintasan Kota Holdings Sdn Bhd (PROLINTAS), HAI-O Enterprise Bhd and PT Winn Pratama Indonesia to assist in the marketing, promotion and distribution of these EV motorcycles.

Ni Hsin Group Berhad: NIHSIN [Bursa: 7215] [RIC: NHSN:KL] [BB: NHR:MK], http://www.ni-hsin.com/

Ni Hsin Obtains VTA Approval for Electric Vehicle Bikes

Venture into e-mobility in line with Ni Hsin’s drive towards ESG

Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad (Bursa: NIHSIN, 7215), today received the Vehicle Type Approvals (VTA) from Jabatan Pengangkutan Jalan Malaysia under the Malaysia Road Transport Act 1987 for two models of its EBIXON Electric Vehicle Bikes (EBIXON EV Bikes) in the personal and commercial categories namely, the TAILG BOLD and TAILG TORQ respectively.

Khoo Chee Kong, Managing Director of NH EV TECH

NH EV TECH had on 23 March 2022 entered into an Original Equipment Manufacturing Agreement (OEM Agreement) with Dongguan Tailing Motor Vehicle Co., Ltd. (TAILG) for the manufacture of EV Bikes or EV Motorcycles as commonly known in Malaysia.

Under the OEM Agreement, TAILG will manufacture the EV Bikes and deliver components, spare parts and software while NH EV TECH will assemble and test as well as run quality control and commission the EV Bikes in Malaysia.

TAILG, established in China in 2004, specializes in R&D, manufacturing, sales and service of new energy electric vehicles. Its products cover electric bike, electric scooter, electric special bike, electric tricycle and other vehicles. TAILG, which ranks top 3 in China, is recognised as a “Partner of UN Environment E-mobility Programme” and has 7,000 exclusive shops all around the world. TAILG also set the Guinness World Records for the greatest distance by electric scooter, single charge in October of 2020.

The International Trade and Industry Ministry (MITI) had, on 17 March 2022, issued the Manufacturing Licence to NH EV TECH to act as Licenced Manufacturer to carry out ‘Manufacture and Assembly of Electric Vehicle Bike’ activity at 47, Jalan Taming Dua, Taman Taming Jaya, 43300 Seri Kembangan, Selangor Darul Ehsan as from 29 October 2021 in pursuance of the Industrial Co-ordination Act 1975 (ACT 156).

Khoo Chee Kong, Managing Director of NH EV TECH, said: “With the VTA approvals, NH EV TECH will commence Completely Knocked Down (CKD) assembly of its EBIXON EV Bikes in NOVEMBER 2022 and thereafter we will launch the EBIXON EV Bikes in the Malaysian market.”

“The venture into the e-mobility business is in line with the Group’s commitment on ESG. The Ni Hsin EV Bikes are the first fully adapted EV Bikes for the domestic personal and commercial market and will create a new standard in clean transport across the country and beyond.”

“The focus of the new design is to deliver class-leading carrying capacity, range and top speed in order to encourage mass adoption of zero-emission transport across Malaysia, all while simultaneously avoiding the need for additional infrastructure.”

“This is an EV bike tailored for different commercial use-cases such as carrying passengers or cargo with safety at the forefront. It is truly a testament to our commitment to offering world-class EV technology in the ASEAN region.”

“Our EBIXON EV Bike models feature a dual swappable battery system offering a combined range of up to 200 km (112 mi). The batteries can be plugged into a home outlet to charge or be swapped at designated battery stations. Additionally, the battery power can be replenished at a public charger.”

“Through extensive research and development initiatives in collaboration with TAILG, EBIXON EV Bikes are designed and developed to reach “near cost parity” with internal combustion engine (ICE) motorcycles in the Malaysian market, but at a running cost that’s up to 70% lower. EBIXON EV Bikes are designed to suit the Malaysian and regional climate, road conditions and ridership styles while ensuring quality, performance, comfort, handling efficiency and lastly, affordability.”

“NH EV TECH is currently working with large commercial motorcycle distribution channels and battery swapping station owners across Malaysia and ASEAN, including financiers for its customers and large commercial fleets,” Khoo added.

“We are targeting to sell 50,000 units of EBIXON EV Bikes in Malaysia and ASEAN in the next three years. Demand for EV Bikes in the region is expected to see explosive growth over the next three to 10 years, surpassing Europe and East Asia. This growth is supported by the region’s e-commerce market, which is valued at US$2.53 billion in 2022 and is expected to have a compound average growth rate of 20.6% over the five-year period to 2027 according to International Trade Administration data. We will work with local partners in the various countries for the assembly and distribution of EBIXON EV Bikes.”

Ni Hsin Group Berhad: NIHSIN [Bursa: 7215] [RIC: NHSN:KL] [BB: NHR:MK], http://www.ni-hsin.com/

Asia’s First Hybrid Online to Offline Festival to Bring Sim Racers and Entertainers Rriley and Haneri to Scape

The Legion of Racers, with support from the Singapore Tourism Board, will be organising the HyperDrive Cities (HDC) 2022 Festival from 23 to 25 September. To be held at Orchard Road, this will be Asia’s first hybrid online to offline festival that combines live sim racing, entertainment, lifestyle and technology within an urban carnival setting.

The HDC will take place during this year’s Grand Prix Season Singapore (GPSS) from 23 September to 2 October. GPSS is a collection of innovative race-themed lifestyle experiences that complements the Formula 1 Singapore Airlines Singapore Grand Prix 2022 excitement beyond the track.

For three days, the HDC will be held at *SCAPE in Orchard Road and will include feature a regional sim racing championship that follows the inaugural E-Cities Championship held in November 2021, along with an electric go-karting experience and a community sim racing challenge with prizes for the fastest sim racers from the public.

The HDC Championships 2022 boasts a prize pool of SGD10,000 with the top winner guaranteed at least SGD3500.

In addition, the festival at Orchard Road will also feature the HDC Gameplay Stations, a motorsports-themed gameplay powered by Augmented Reality where participants complete the various Gamemaster challenges to earn NFTs and rare prizes.

To cap off the event, an entertainment element will be added to the post-sim race event with Singaporean artistes RRILEY and Haneri, who will both perform a set of three songs each. In addition, DJ NashD, who is the official DJ for local artistes Shigga Shay and hip hop collective Grizzle Grind Crew, will raise the decibels on 23 September from 8pm to 10pm.

“This is a unique event comprising multiple elements for the community,” said Lim Keong Wee, co-founder of the Legion of Racers.

“We wanted to create a motorsport festival for everyone, ranging from electric karting for young families to youths and millennials who could watch an entertainment segment at the end of the day that features some of Singapore’s hottest music talents.”

Added RRILEY, who made her debut in 2012 as a founding member of the Sam Willows, “It is just so nice to be performing again and I am so excited to bring my music to a new audience.”

The event is supported by the Singapore Tourism Board, which oversees the Orchard Road precinct.

Ms Guo Teyi, Director, Retail and Dining, Singapore Tourism Board, said: “We welcome the inaugural HyperDrive Cities Festival to Singapore’s famous shopping street. With its diverse mix of virtual and in-person experiences, the festival will add buzz to Orchard Road and strengthen its position as a lifestyle destination beyond retail. We invite visitors of all ages to join the festival and reimagine Orchard Road’s offerings.”

Among the partners confirmed for the festival include McLaren, TYCA, Next Level Racing, Logitech G, Monster Energy, and Tarmac Works. A McLaren 720S sportscar will also be on display at the venue during the course of the programme.

The simulated track which the sim racers will be racing on is the Orchard Road Street Circuit, which was produced by the Legion of Racers team. For 2022, the track has been extended to include the Somerset and Dhoby Ghaut sub-precincts.

The HDC 2022 Festival is set to bring more than 5,000 members of the public to *SCAPE while thousands more will follow the HyperDrive Cities Championships live on Youtube.

All photo and visual assets can be downloaded here.
https://drive.google.com/drive/folders/1q7-el4f3XXS2zmflJQpjhFXqsRxEbvxG

Media Contact:
Melvin Moh
melvin@legionofracers.com

About HyperDrive Cities Festival 2022

HyperDrive Cities is the first of its kind to bring sim racing into familiar streets, turning cities into race circuits and unlocking the once-in-a-lifetime experience of racing virtually down urban spaces. The HDC Festival will also feature entertainment acts and RaceHub which allows members of the public to experience driving an electric kart. To find out more please visit www.hyperdrivecities.com

About Legion of Racers

The Legion of Racers is Singapore’s first sim racing entertainment and lifestyle brand which combines the best in motorsports and the gaming world. With a studio in Kallang, the Legion of Racers taps into the world of sim racing and brings together online gamers who play in games such as Assetto Corsa, Assetto Corsa Competizione, Gran Turismo 7, Formula 1, and RFactor2. Follow Legion of Racers on their Facebook @LegionofRacers and on their website at www.legionofracers.com for updates and information about sim racing activities.

About the Singapore Tourism Board

The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore’s key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions.

More: www.stb.gov.sg or www.visitsingapore.com
Follow us: https://www.facebook.com/STBsingapore or https://www.linkedin.com/company/singapore-tourism-board/mycompany/

Motul powers Mercedes-AMG Team Craft-Bamboo Racing to iconic P2 finish at Bathurst 12 Hour

Official AMG Performance Team, Mercedes-AMG Team Craft-Bamboo Racing took part in the world-famous Bathurst 12 Hour held from the 13th to the 15th of May 2022 with Motul as the factory-supported team’s exclusive lubricant partner. The #91 Mercedes-AMG GT3 finished in a brilliant second place, only 8 seconds adrift in the round-the-clock endurance classic, despite starting from the back of the grid. Changing weather conditions was the story of the day, as the Motul-powered car performed exceptionally well and held reliability for the entire 12 hours on Mount Panorama Circuit.

The Mercedes-AMG GT3 car used the iconic Motul 300V 5W40 Power lubricant for the V8 engine. The race was particularly challenging with the engine having to be pushed to the maximum for 12 hours on an undulating circuit forcing the race car to literally climb up a mountain over 250 times. It is imperative to have a high-performance engine lubricant when battling cars from different manufacturers and constantly driving at high RPM. Along with that, the GT3 cars go through about 40 gear changes per lap over the 6.2km circuit, accounting for almost 10,000 gear changes over the duration of the race. The Motul Gear Competition oil played a particularly important role in ensuring that the gearbox remains reliable and the car remains competitive as the team bid its efforts for the win. The team also used products from Motul’s Care range, such as the Brake Clean and Wheel Clean to keep the Motul-liveried car looking good every time it went out on track.

For Motul, this achievement is all the more significant, being featured on the podium of the Bathurst 12 Hour, an iconic endurance race globally. This race is renowned for being notoriously challenging and to win the team needs to have an entire package with the best drivers and the best car. The 300V has proven that it is compatible with the Mercedes-AMG engine through this incredible podium success. This lubricant is the same formulation that is available for purchase for everyday road users off the shelf. Users can take benefit from the racing-grade performance and reliability that has been tried and tested in a race-winning car at Australia’s most prestigious endurance event.

QUOTES

Carlo Savoca | Chief Marketing Officer, Motul Asia Pacific

“Big congratulations to Mercedes-AMG on the 1-2-3 here at Bathurst! I am incredibly proud of what we have achieved at the Bathurst 12 Hour. To see a Motul-powered car on the podium, and coming from the back of the grid is nothing short of a historic accomplishment. I want to thank the Craft-Bamboo Racing team for showing trust in our products and displaying what Motul is capable of at one of the most demanding and challenging endurance events globally. Our goal is to give our customers the best products possible and this podium is a testament to what we strive towards.”

Darryl O’Young | Team Director, Mercedes-AMG Team Craft-Bamboo Racing

“Our race car powertrain takes tremendous punishment on a circuit like Mount Panorama. With the track running up and down a mountain, the steep climb up and the fast twisty downhill sections really push the gearbox and engine to their limits. Being in between narrow walls also brings up both engine and gearbox temperatures adding even more stress to components. Now to do that for 12 hours straight is tough, and that requires tremendous trust in our lubricants to deliver both power and reliability. We are proud to have Motul as our official partner, as we work hand in hand with the same passion and commitment to take victory at some of the biggest race events in the Asia Pacific region. We missed the big win by a mere 8 seconds this year, but we can be proud of the achievement nonetheless.”

About Motul

Motul is a world-class French company specialised in the formulation, production and distribution of high-tech engine lubricants (two-wheelers, cars and other vehicles) as well as lubricants for industry via its Motul Tech activity. Motul offers a whole range of products for everyday car use, including the 8100, H-tech, RBF series, ATF, CVTF and DCTF among others. Motul products ensure all parts of the car are kept in pristine condition to extract maximum performance and reliability.

Unanimously recognised for more than 150 years for the quality of its products, innovation capacity and involvement in the field of competition, Motul is also recognised as a specialist in synthetic lubricants. As early as 1971, Motul was the first lubricant manufacturer to pioneer the formulation of a 100% synthetic lubricant, issued from the aeronautical industry, making use of esters technology: 300V lubricant. In 2021, Motul launched the newest iteration of the 300V with revolutionary technology, setting a new benchmark for high-performance lubricants.
Motul is a partner to many manufacturers and racing teams in order to further their technological development in motorsports. It has invested in many international competitions as an official supplier for several championship winning racing teams.

Motul is committed to its growing business presence in Asia Pacific. Over the years, the company has expanded operations significantly. Currently it has 3 major manufacturing facilities and 2 R&D centres across the region to cater to the ever-growing demand. These centres focus on refining the lubricant technology for Asian climate and driving conditions, which are vastly different from Europe.

MOTUL Asia Pacific Pte. Ltd
1A International Business Park, #06-03
Singapore 609933
www.motul.com

For more information, please contact Motul at pr@motul.com.sg.

Ni Hsin Signs OEM Manufacturing Agreement with TAILG for Electric Two Wheelers

Venture into the e-mobility in line with Ni Hsin’s drive towards ESG

Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) (Ni Hsin or the Group), today entered into an Original Equipment Manufacturing Agreement (OEM Agreement) with Dongguan Tailing Motor Vehicle Co., Ltd. (TAILG) for the manufacture of the eBixon EV Bike.

Under the OEM Agreement, TAILG will manufacture the eBixon EV Bikes and deliver as semi-knocked down (“SKD”) components that includes spare parts and software while NH EV TECH will assemble and test as well as run quality control and commission the electric two wheelers in Malaysia.

NH EV TECH and TAILG had, on 14 October 2021, entered into a product development agreement to develop the electric two wheelers based on TAILG’s existing Model D-80 for commercial purposes. Following the successful development of the prototype, the parties are now proceeding with the commercial manufacture of the two wheelers, which is certified by the Economic Commission for Europe (ECE), Malaysian Standard 2413 (MS2413) and Vehicle Type Approval (VTA) from Jabatan Pengangkutan Jalan Malaysia.

Khoo Chee Kong, Managing Director of NH EV Tech, said: “Our venture into the e-mobility business is in line with the Group’s commitment to seek opportunities under the ESG criteria of sustainability. This venture is now coming to fruition with the OEM Agreement and the manufacturing license from the Ministry of International Trade and Industry (“MITI”) obtained in October 2021″.

“The eBixon EV Bike will be used as proprietary mobile beverage machines in our BLACKBIXON Coffee business concept of cafe@anywhere, serving BLACKBIXON coffee to customers at various popular locations in cities around the country. We are also developing business models for the last mile delivery services built on the eBixon EV Bike. The eBixon EV Bike is expected to be launched in the third quarter of 2022. Our target is to produce 1,000 units of eBixon EV Bikes for the first year.”

“We are also targeting to sell 50,000 units of the eBixon EV Bikes in Southeast Asia in the next three years as demand for two-wheeled EVs in the region is expected to see explosive growth over the next three to 10 years, surpassing Europe and East Asia. This growth is supported by the region’s e-commerce market, which is valued at US$2.53 billion in 2022 and is expected to have a compound average growth rate of 20.6% over the five-year period to 2027 according to International Trade Administration data”.

Ni Hsin Group Berhad: http://www.ni-hsin.com/
NIHSIN [Bursa: 7215] [RIC: NHSN:KL] [BB: NHR:MK]

Motul Asia Pacific proudly launches all-new Motul Asia Hub

Lionel Dantiacq, CEO of Motul Asia Pacific, cut the ribbon to launch a new, state-of-the-art Motul regional warehouse, the Motul Asia Hub, on 1st March 2022. The Motul Asia Hub is located at the Pacific Logistics Group (PLG), Tuas Headquarters at Singapore’s brand new Tuas Mega Port. The 700,000 sq ft facility will support and enhance Motul’s supply chain across the Asia Pacific region by consolidating warehousing and inventory operations. The Hub will play a monumental role as Motul continues to build a greater presence across the APAC region and further strengthens its leadership in high performance lubricants and fluids for all uses.

Motul is excited about the launch of the Asia Hub, which will be essential to support its ambitions of accelerated growth. A modern supply chain solution will tackle the complexities of the market and streamline business operations.

The unique location of the warehouse will provide a geographical advantage for faster and easier transit with quick turnaround times for both air and sea shipments to all regional markets. The close proximity to the Tuas Mega Port makes the location of the warehouse optimal for improved supply chain efficiency. The facility will also house the latest technology, including a secure web-based inventory management system for instant access to up to date information.

Through the partnership with PLG and their bonded facilities, Motul will ensure a streamlined distribution network across the region to support its dealers. A unique aspect of the bonded facilities is the exemption of GST imposed on goods imported to be re-exported, reducing processing time and overhead costs leading to ultimate efficiency.

Motul continues to expand its market reach across APAC and exceed customer expectations. Providing the highest level of service to its customers is a core value at Motul and the Hub will enable it to meet the growing demands of the consumers. With an ever-changing automotive industry and new technologies pushing boundaries every day, the Hub will allow Motul to bring newly developed product lines to market faster than their competitors across the region. Motul aims to broaden its category reach and embrace product innovations for changing mobility requirements.

Asia has been a key market to Motul’s global business for many years, and the region continues to grow as the demand for lubricants ramps up. Motul Asia Pacific has set a clear target to focus on the needs of its discerning customers. With the launch of the Asia Hub, Motul will deliver its high-quality range of products to customers across the region in the only way they know how, fast and reliable. The Hub will also serve as a landmark for Motul to remain a preferred choice for customers for years to come.

LIONEL DANTIACQ | CEO Motul Asia Pacific

“The launch of our new Motul Asia Hub today represents an exciting continuation of our efforts to capitalize on Asia’s dynamic growth and transformation. With this Hub, we aim to streamline our supply chain in the region and bring our products to customers with greater efficiency. Catering to the customer’s need is at the core of who we are, and this Hub serves as a symbol of our dedication to hundreds of thousands of customers who choose Motul. The Hub will play a monumental role in expanding our reach, tapping new markets and bringing these amazing Motul products to existing and new customers for all their lubrication needs.”

ABOUT MOTUL

MOTUL Asia Pacific Pte. Ltd
1A International Business Park, #06-03
Singapore 609933
www.motul.com

For more information, please contact Motul at pr@motul.com.sg