Category: Transportation

Ni Hsin Group Launches BB2GO EV Bikes for F&B Business

Ni Hsin Group Berhad’s (formerly known as Ni Hsin Resources Berhad) (“Ni Hsin”) subsidiary BlackBixon2Go Sdn Bhd (“BlackBixon2Go”), is pleased to announce the launch of BB2GO EV (“electric vehicle”) Coffee Bike for use in the sale of BlackBixon coffee.

The launch was attended by YB Tan Sri Noh Bin Haji Omar, Minister of Ministry of Entrepreneur Development and Cooperatives; various directors from BlackBixon2Go Sdn. Bhd., the EV Bike subsidiary of Ni Hsin Group Berhad and Ni Hsin Group Berhad.

These electric bikes are powered by a battery system specially configured to also provide the power for the coffee-making machine and is an extension of Ni Hsin’s cafe@anywhere concept under its food and beverage business. The bikes are equipped with GPS for easy tracking of orders and locations of BB2GO EV Coffee Bikes by coffee lovers using the BB2GO app.

BlackBixon2Go also signed an MoU with Acasia Communications Sdn Bhd (“Acasia”) to digitalise the new business concept through its connectivity and cloud services, supporting BB2GO app. Acasia, an affiliate of Telekom Malaysia Group, is a collaboration among seven leading telecommunications providers offering a comprehensive suite of connectivity services and digital infrastructure in the ASEAN region.

Mr. Khoo Chee Kong, Managing Director of BlackBixon2Go, said, “We have embarked on a transformation trail, from a traditional manufacturer of stainless-steel products to a new age business model riding on the EV Revolution with BB2GO EV Coffee Bike combining Malaysians’ love for coffee and the desire to maintain a green and healthy environment. This business concept is apt and fitting for the street food industry, it’s also very suitable for catering, open house and parties.”

“The BB2GO EV Coffee Bike is a totally self-sufficient bar that does not require an electrical outlet to power the coffee machine. The batteries from the EV Bike are technically configured to produce up to 400 cups of coffee and can be recharged after that. With BB2GO EV Coffee Bike you can be a barista, just as in a modern cafe, serving espresso coffee or cappuccino prepared in front of your customer’s eyes.”

Ni Hsin’s use of the electric bikes is part of the company’s commitment to environmental, social and governance (“ESG”) responsibilities as well as adopting a mindset change for business sustainability in the face of technological advancement. Ni Hsin is also observing, learning and innovating to improve the way it conducts business as part of its ESG responsibilities.

The Company is planning to expand the BB2GO EV Coffee Bike concept across ASEAN and is also planning to manufacture and assemble the electric bikes in collaboration with an established EV manufacturer from China for the commercial and consumer market in Malaysia and ASEAN.

Pictured (from left):
– Mr. Khoo Chee Kong, Managing Director of BlackBixon2Go Sdn. Bhd.
– Tan Sri Dato’ Sri Haji Mohamed Apandi Ali, Non-Executive Chairman of BlackBixon2Go Sdn. Bhd.
– En. Sofiyan Yahya, Chairman of Ni Hsin Group Berhad
– YB Tan Sri Noh Bin Haji Omar, Minister of Ministry of Entrepreneur Development and Cooperatives
– Dato’ Seri Rosman Mohamed, Independent Director of Ni Hsin Group Berhad
– Dato’ Mohammad Radhi Bin Abdul Razak, Deputy Secretary General of Ministry of Entrepreneur Development and Cooperatives
(https://www.acnnewswire.com/topimg/Low_NiHsin20211213.jpg)

BYD ADL eBuses Used as VIP Transport for World Leaders at COP26

BYD ADL pure-electric buses are playing a prominent role at COP26, the 26th United Nations Climate Change Conference in Glasgow. A fleet of ten BYD ADL Enviro400EV double deck buses have provided zero-emissions VIP transportation for world leaders, including UK Prime Minister Boris Johnson and UN Secretary-General Antonio Guterres, as they made the journey from the conference’s secure Blue Zone to an evening reception at Kelvingrove Art Gallery hosted by HRH The Prince of Wales.

UK Prime Minister, Boris Johnson, arrives at Kelvingrove Art Gallery (Credit: Karwai Tang / UK Government)
The 10 Stagecoach’s BYD ADL Enviro400EV electric double deckers aligned (Credit: Alexander Dennis Limited / Keith McGillivray)
One of the 22 BYD ADL Enviro200EV eBuses from First Glasgow’s shuttle service at COP26 (Credit: Alexander Dennis Limited / Keith McGillivray)

The British-built eBuses, produced within the electric bus partnership between BYD and Alexander Dennis Ltd (ADL), demonstrate how electrification is braced to transform public transportation on a global level. The successful BYD ADL partnership, which utilises pioneering BYD battery and integrated powertrain technology, has to date delivered or taken orders for over 1000 zero-emission buses in the UK.

As the world’s leading eBus manufacturer, BYD has delivered over 68,000 electric buses around the globe, and over 500 pure-electric, British-built buses to customers in the UK.

With 26 years of pioneering experience in battery research and development, production and application, BYD is the only automobile manufacturer to produce its own power train system, battery, motors and motor control system.

BYD ADL Enviro400EV electric buses were used for this privileged occasion to transfer dignitaries from around the world at COP26 following a collaboration between ADL and Stagecoach, the UK’s largest public transport operator. The double deck eBuses, built in Scotland as part of the BYD ADL partnership will be used for Stagecoach operations. They have been painted in Transport for London’s iconic red.

As the UK’s best-selling double deck electric bus, the BYD ADL Enviro400V is already in service in many public transport fleets nationwide. Its impressive driving range of 160 miles (257 km) and reputation for reliability makes it a viable choice for many bus operators.

An Enviro400EV double deck electric bus is also being exhibited in the prestigious Blue Zone at COP26. This follows ADL’s invitation from the UK Government to showcase its latest innovations in sustainable transport to negotiators and global leaders attending the conference. It has been kindly loaned by another BYD ADL customer and bus operator, National Express, from its West Midlands fleet.

The eBus on show in the Blue Zone is the perfect example of sustainable, clean and practical transportation. Its design and pioneering technology combined, is expected to draw strong global interest at the event as more countries implement transition to electrification, in a practical move towards net zero emissions and reduced air pollution.

Paul Davies, ADL President & Managing Director, said: “We’re delighted that world leaders have had the opportunity to ride on our world-leading double deck buses. COP26 is focused on finding solutions to the climate emergency and we are proud to have been able to demonstrate a zero-emission solution that is available right now. Clean electric buses are key to reducing transport emissions around the globe and encouraging modal shift to sustainable transport modes. Zero-emission buses are available today and ready to be rolled out at scale.

“We are particularly delighted that Prime Minister Boris Johnson, as an avowed supporter of British-built zero-emission buses, was able to show world colleagues the level of innovation and expertise offered by Britain’s world-class bus manufacturing industry.”

Isbrand Ho, Managing Director, BYD Europe B.V., said: “We are proud to see BYD ADL eBuses being experienced first-hand by esteemed world leaders and other influential delegates who can really make a difference in tackling climate change. BYD is committed to pioneering zero-emissions solutions for clean, reliable eco-friendly transportation. We are proud to collaborate with others who share our vision, as part of the global effort to support net zero targets.”

It is not only in the Blue Zone of the conference where the Enviro400EV bus makes an appearance. It has played a high-profile role in the ‘Road to Renewables’ electric bus tour which started in London and finished its 11 day 968 mile journey on 29th October in Glasgow, three days before COP26 opened its doors. The event was a collaboration between COP26 partner SSE, the Go-Ahead group and other partners including BYD ADL, and promoted innovative projects for decarbonisation, such as Bus2Grid.

The eBus activity extends further at COP26. Additionally, BYD ADL eBuses are in operation by First Bus as part of the all-important shuttle service for delegates attending the Conference. A fleet of 22 Enviro200EV zero-emission buses, all built in Scotland, are being used for this purpose.

Pictures Credits
Please note that the images showing the arrival and alighting at Kelvingrove Art Gallery should be credited to Karwai Tang / UK Government. Other images should be credited to Alexander Dennis Limited / Keith McGillivray.

About BYD
BYD (Build Your Dreams) is a multinational high-tech company devoted to leveraging technological innovations for a better life. BYD now has four industries including Auto, Electronics, New Energy, and Rail Transit. Since its foundation in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Solution, comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation, has made it an industry leader in the energy and transportation sectors. BYD is a Warren Buffet-backed company and is listed both on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.

Contact:
Asia-Pacific: Mia Gu
mia.gu@byd.com, tel: +86-755-8988-8888-69666
Europe: Penny Peng
penny.peng@byd.com, tel: +31-102070888
North America: Frank Girardot
frank.girardot@byd.com, tel: +1 213 245 6503
Latin America: Mariana Osorio
mariana.osorio@byd.com, tel: +56 9 8588 0333
Brazil: Adalberto Maluf
adalberto.maluf@byd.com, tel: +19 3514 2554

Ni Hsin Signs HOA with MNA Energy to Develop Battery Technology for EV Two Wheelers

  • Collaboration includes establishing battery-swapping platform and participation in MNAE’s growth

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) (Ni Hsin), today entered into a Heads of Agreement (HOA) with MNA Energy Sdn Bhd (MNAE) to develop battery technology for electric motorcycles (EV Two Wheelers) as well as participate in the business and growth of MNAE.

Mr. Khoo Chee Kong, Managing Director of Ni Hsin Group Berhad; Encik Muhammad Syukri Ibrahim, Principal Private Secretary to the MOSTI Minister; Encik Syed Faisal Algadrie, Managing Director and CEO of MNA Research Sdn Bhd [L-R]

MNAE was established in 2016 and has been awarded research grants by the Ministry of Science, Technology and Innovation (MOSTI) for the development of next-generation battery technology. MNAE produces battery energy storage systems for electric mobility and stationary applications such as telecommunications towers and solar energy farms. It is pioneering Electric Mobility-as-a-Service (EMaaS) in Malaysia, by developing SmartSwap – a game-changing turnkey solution for a battery swapping infrastructure for Electric Motorcycles.

The HOA signing was witnessed by Encik Muhammad Syukri Ibrahim, the Principal Private Secretary to the MOSTI Minister.

Khoo Chee Kong, Managing Director of Ni Hsin EV Tech Sdn Bhd, said: “We see EV Two Wheelers leading the adoption of alternative power sources that can reduce carbon footprint and transition towards a greener economy. We are developing, in collaboration with MNAE, an advanced battery system and a standardised battery swapping infrastructure for EV Two Wheelers that will be convenient to riders who can easily swap their depleted batteries with fully-charged ones at stations that we are setting up. We believe this will boost the use of EV Two Wheelers in urban areas”.

“Our collaboration with MNAE complements our venture into the e-mobility business as battery systems are critical to EV Two Wheelers that we are developing in a collaboration with Dongguan Tailing Electric Vehicle Co., Ltd. We are now working towards getting the Vehicle Type Approval (VTA) permit from the Road Transport Department for these EV Two Wheelers as the VTA is important for MNAE’s SmartSwap programme”.

The battery swapping system developed by MNAE will feature battery tracking and management via cloud-connected network through which the battery’s lifespan can be monitored. The system can be compared to the one launched by Gogoro, the Taiwanese battery-swapping refueling platform for urban EV Two Wheelers.

Khoo added, “Our collaboration with MNAE is also about supporting local capabilities in the development of green technology while promoting sustainability in line with our environmental, social and governance responsibilities. This is also in line with Malaysia’s drive to encourage electric vehicle ownership and development of related infrastructure in the country”.

The EV ecosystem is supported by Malaysia’s National Automotive Policy, in which there are specific initiatives to strengthen the ecosystem. According to Dato’ Seri Mohamed Azmin, Minister of International Trade and Industry in his winding-up speech for the 12th Malaysia Plan, these initiatives include critical parts manufacturers, standard setting as well as research and development leading to commercialisation of local EV technologies.

Please contact the below for more information:
Hakim Juraimi
Email: h.juraimi@swanconsultancy.biz

Legend Capital is reaping the rewards in its logistics and supply chain investment

In recent years, the logistics and supply chain industry has ushered in many important capital events, with a lot of companies went public in fields like express, supply chain, freight platform, aviation logistics and automatic driving. As a comprehensive fund covering multiple industries and fields, Legend Capital has already made a long-term and systematic investment layout in the field of logistics and supply chain. According to public information, Legend Capital has invested in more than 10 companies in such field, including Milkyway (603713.SH), Eastern Air Logistics (601156.SH), JD Logistics (2618.HK), Hichain Logistics (300873.SZ), China Southern Cargo, FOR-U Smart Freight, SF Freight, SF Intra-city and Yanwen logistics, among which SF Intra-city and Yanwen logistics have filed for IPOs in the Hong Kong and Mainland China, respectively.

Based on nearly a decade of experience, Legend Capital has already built an accomplished framework and investment system in the field of logistics and supply chain. It also divides the business into three stages, and identifies different investment opportunities in each stage.

Stage 1.0 “Logistics”: The essence of this stage is how to transport cargo at low cost and high efficiency based on the needs of consumption or manufacturing industry. In terms of investment in the logistics field, Legend Capital not only pays attention to the incremental market opportunities brought by changes in business flow, scene, technology and policy , but also actively looks for special opportunities such as spin-off, M&A and mixed ownership reform; Stage 2.0 “Supply Chain Service”: On the basis of fulfilling transportation needs , Legend Capital looks for enterprises with intelligent supply chain service that could provide value-added services such as raw material procurement, warehousing, finished product distribution and after-sales, and hence achieve the goal of “full link, agility, efficiency, reliability”; Stage 3.0 is to use the concept of “digital transformation, collaborative delivery and platform development” to build industrial Internet.

With around ten-year-experience, Legend Capital’s investment strategy of logistics and supply chain mainly focuses on the infrastructure related to consumer goods, retail distribution, industrial manufacturing, and medical health.

Unlike other funds and investment institutions, Legend Capital, on the basis of long-term, comprehensive and in-depth research on the industry, selectively invests in excellent companies with huge industry influence. Besides, Legend Capital empowers enterprises by using the ecological resources of investment enterprises and its value-added services. Under the guidance of long-term value, Legend Capital also advocates and promotes the communication and cooperation among its portfolio companies to create more opportunities on win-win cooperation.

Legend Capital thinks highly of bringing long-term value and value-added services to its portfolio companies. Richard Li, the President of Legend Capital, said: “Logistics and supply chain investment has entered the critical period, and there will be more cross-industry investment opportunities. We have a lot of cooperation with leading enterprises in various industries. When opportunities arise, we have enough experience to support them to grow from BU (business unit) to independent company. “

According to Legend Capital, the logistics and supply chain industry has entered a new stage with information technology empowers various industries. Meanwhile, the new market conditions will generate new traffic and new data, which brings new demands for new kind of resource integration and delivery methods.

TVS Motor Company Forays Into the Personal E-Mobility Business With a Majority Stake in European E-Bike Brand EGO Movement

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership is in line with TVS Motor Company’s commitment to building an aspirational product portfolio while nurturing sustainable and scalable brands. It also reiterates the company’s strategy to expand its global presence in developed markets, commencing with Europe, which serves as the heart of the e-bike mobility landscape.

From Left to Right – (L-R) Sir Ralf Speth, Board of Director, TVS Motor Company; Mr. Sudarshan Venu, Joint Managing Director, TVS Motor Company; Mr. Daniel Meyer and Ms. Marie So(Co-Founders, EGO Movement)

Led by the co-founders Daniel Meyer and Marie So, EGO Movement is a Swiss technology company providing innovative mobility solutions through a portfolio of e-bikes, e-cargo bikes, and e-scooters. The company combines unique designs with innovative software and hardware to deliver a differentiated customer experience. It has an omnichannel network across Switzerland, Liechtenstein and Germany with plans to expand across Europe, combining the best of strategically located stores with a seamless online experience.

Speaking on the occasion, Mr. Sudarshan Venu, Joint Managing Director, TVS Motor Company, said, “The partnership with EGO Movement reaffirms TVS Motor Company’s commitment towards electrification and the broader sustainability agenda. We are building a strategic personal e-mobility ecosystem by scaling unique brands which share our vision of delivering compelling customer experience benchmarks through cutting-edge, aspirational products. EGO Movement has a strong presence in Europe with customer-centric products, a unique omnichannel network and a visionary team at its helm. Together, we will address global urbanisation by delivering unique e-mobility solutions with e-bicycles and mobility across a diversity of forms.”

Mr. Venu further added, “It is also an important milestone in our journey to grow our presence in Europe, with the Norton Motorcycles acquisition last year and now the launch of the personal e-mobility platform.”

Over the past decade, the personal mobility landscape has evolved significantly with the global sustainability agenda, increasing urbanisation and advancement in battery technology. The global pandemic also became a key catalyst in accelerating the adaption to personal mobility. The e-bike market has been at the forefront of personal mobility innovation, with new business models and technologies advancing rapidly with global trends. Various sub-segments have also emerged to cater to customers’ evolving needs – ranging from city bikes for daily commute to mountain bikes for adventures or cargo bikes for carrying loads or people.

Co-founder and CEO of EGO Movement, Daniel Meyer, commented “As a Swiss based strongly mission-driven company, we are excited to be teaming up such a highly respected global partner and industry leader. Our team is fully committed to taking the company to the next phase. We are confident that together with TVS Motor Company, we will be able to create more value for all partners and customers of EGO Movement focusing on further growth by following our mission of a greener way of e-mobility.”

EGO Movement’s product portfolio focuses on delivering sustainable products with the latest technology and stylish designs.. A powerful battery is blended harmoniously into the frame, whose ergonomic design allows for a comfortable upright sitting position. In addition, with technical refinements such as a powerful mid-motor including a torque sensor, a USB port on the removable lithium-ion battery and an LED light that automatically switches on at dusk. The unique and innovative design philosophy has earned the company multiple awards, including the prestigious Red Dot Award.

About TVS Motor Company
TVS Motor Company is a reputed two and three-wheeler manufacturer and is the flagship company of the USD 8.5 billion TVS Group. We believe in Championing Progress through Mobility. 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 endeavour to deliver the most superior customer experience at all our touch points across 70 countries. 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 for five years. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. For more information, please visit www.tvsmotor.com.

About EGO Movement
Innovative technology, excellent designs, ten own stores in Switzerland and Germany, as well as extensive service: EGO Movement’s mission is the e-volution of mobility. Whether e-bikes, e-cargo bikes, e-scooters or smart networking with its own software platform – as a Swiss technology company and manufacturer of technically mature products for high-quality mobility solutions, EGO Movement ensures more individual freedom and makes a contribution to more Sustainability as well as environmental protection and above all offers a great driving experience. https://egomovement.com/de/de/

Media contacts:Namrata Sharma – namrata.sharma@adfactorspr.comNeha Chaturvedi – neha.chaturvedi@adfactorspr.com