FTXT’s 100 Hydrogen Heavy Trucks Demonstration Project for Xiong’an New Area

BAODING, China, Aug 23, 2021 – (ACN Newswire) – FTXT Energy Technology, a Great Wall Motor (GWM) subsidiary, along with partners Dayun, Dongfeng and Foton, have successfully delivered a fleet of 100 hydrogen heavy trucks for the Xiong'an New Area construction project in Hebei Province, China. The 49-tonne fleet was unveiled at the Great Wall Technology Center, with the handing over ceremony on August 14 at Service Station #1 on the Rongyi Road in Baoding City, near Xiong'an.


The handing-over ceremony on August 14 at FC Service Station #1 on the Rongyi Road in Baoding City, near Xiong'an.

The heavy trucks are fitted with high-power 111kW hydrogen fuel cell engines, hydrogen stacks and hydrogen storage all by FTXT.

FTXT's FC engine, stack and storage broke many technical barriers, with an overall performance index and safety performance grades at an advanced international level.


Rongyi Road is the main artery for transporting construction materials to Xiong'an New Area. In the next five years, fuel cell trucks on the road will increase to more than 1,000. The trucks will be refueled at 10 Service Stations along the 50km road. The project aims to establish the basis for expansion to other regions based on its success, and to promote the development of a green transportation system nationwide.

The heavy trucks are fitted with high-power 111kW hydrogen fuel cell engines, hydrogen stacks and hydrogen storage, fly compatible with each other on both power and control levels, developed by FTXT. The engine has a lifetime of 10,000 hours and can be started at -30 degrees C. All system components are locally sourced, with resulting costs decreased by about 28%.

The FC engine has broken many of the industry's technical barriers, with the overall performance index and safety performance grades at an advanced international level. FTXT aims to extend the technologies to the first commercial vehicle applications using hydrogen energy in China, in the next 3 to 5 years. During the current stage, FTXT will demonstrate and promote 1,330 FCEVs in Hebei province.

GWM, China's biggest maker of sport-utility vehicles and owner of FTXT Energy, will roll out its first hydrogen-powered SUV this year, and deploy its hydrogen-powered cars during the Winter Olympics in China next year. Zhang Tianyu, head of FTXT Energy, said "The technological breakthroughs we have achieved till now, in many ways have helped us to significantly reduce the costs of the final product, as well as ensure high performance, durability, and overall efficiency."

About FTXT

FTXT Energy Technology Co., Ltd. a subsidiary of GWM, focuses on the R&D, manufacturing, and sales of hydrogen energy technology. It has a professional R&D team as well as hydrogen energy test bases, fuel cell trial production centers, hydrogen production and liquefaction plants, supporting vehicle test sites, climatic chambers, and other high-quality resources.

FTXT FC-engines and components have been fitted to heavy trucks, light trucks, city buses, sedans, SUVs and pickups. At present, FTXT deploys five R&D centers, in Shanghai, Baoding, Canada, Japan and Germany, forming a multicultural and technologically advanced R&D team. FTXT follows a V model development process to create all fuel cell power systems and components.

Official Website: https://en.ftxt-e.com/
LinkedIn: https://www.linkedin.com/company/ftxt-energy/
Facebook: https://www.facebook.com/FTXTenergy
YouTube: https://www.youtu.be/fU4l8q0pMTo

Media contact:
Tiantian Chen, FTXT
U: http://www.ftxt-e.com
E: chentiantian@ftxt-e.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Launch of the New Motul 300V at 24H of Le Mans

From racing, to high-performance cars, one name has been synonymous with success for the last 50 years – Motul 300V. This product was born out of Motul’s never-ending pursuit of perpetual movement. Today, Motul launches a new and improved version of its flagship product, with a new formulation pushing again the boundaries of performance. The new Motul 300V is revealed for the 24h of Le Mans, the most iconic racing event in the world.

Launched in 1971, Motul 300V was developed to help racing teams accomplish maximum performance and reliability out of their engines, the holy grail of motorsport. Its name is a tribute to the 300 racing victories achieved by the time of its launch – but Motul 300V has gone on to help countless more motorsport legends to victory.

Over the following decades, Motul has continuously perfected its flagship product and today, Motul 300V continues to propel the world’s top teams to podium glory. From Le Mans to high-performance cars, Drift Masters to Dakar rally, it has proved itself to be a game changing lubricant in the paddocks of top racing.

Fifty years after its first launch, Motul is proud to unveil the latest evolution of its benchmark lubricant: the new Motul 300V range.

The new Motul 300V brings many improvements:

  • Improved performance: The new Motul 300V racing oil improves your engine performance by reducing internal friction. This new formulation ensures proven power and torque gains across the whole power band.
  • Better reliability: Motul 300V protects your engine without compromising performance, by providing high shear stability for maximal oil film resistance, even in most extreme conditions.
  • Improved compatibility: Motul 300V now fulfills modern engine requirements: compatible with exhaust gas after-treatment systems such as particulate filters, compatible with biofuels (especially Ethanol) and protects against LSPI (on downsized engines).
  • More sustainable: Motul 300V features Organic base stocks using non-fossil renewable materials limiting the environmental impact and allows Motul to lower its carbon footprint by 25% during manufacturing process.

The range is split in 3 major series:

Power
POWER series features the lightest viscosity grades, available from 0W-8 to 5W-30, brings the maximum power and can cope with engines subject to low oil fuel dilution.

Competition
COMPETITION series features our mid viscosity grades, available from 0W-40 to 15W-50, brings the best compromise between power and reliability, and can cope with engines subject to mid oil fuel dilution.

Le Mans
New generation of 300V Le Mans series offers the maximum engine reliability possible and is now available in 10W-60 and 20W-60 viscosities. It is perfect for extreme motorsport applications such as endurance racing and drifting. Adding to the uniqueness of these products is the fact that they are the only engine oils worldwide bearing the prestigious 24 hours of Le Mans name.

A launch at 24 Hours of Le Mans 2021:

The brand new Motul 300V is launched during the 24h of Le Mans, the most gruelling endurance race of the year and probably the most iconic of all.

Besides powering most of the LMP2 teams on the grid, including 2020 category winners United Autosports, Motul is proud to be the official lubricant partner of Scuderia Cameron Glickenhaus, which had the opportunity to test the new Motul 300V and share their excitement about the new product.

Jim Glickenhaus, the Founder of Scuderia Cameron Glickenhaus said: “The new Motul 300V makes a gigantic difference. In challenging racing conditions, the engine often gets stretched to its limits, therefore we need a reliable lubricant which will make the engine able to continue the race. The new Motul 300V is exactly that. We have full confidence in this lubricant.”

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.

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. 2021 marks the 50th anniversary of the Motul 300V.

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 teams in: Road racing, Trials, Enduro, Endurance, Superbike, Supercross, Rallycross, World GT1, 24 Hours of Le Mans (cars and motorcycles), 24 Hours of Spa, Le Mans Series, Andros Trophy, Paris-Dakar, 8 Hours of Suzuka, Bol d’Or, Daytona 200-mile motorcycle race.

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

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Ev Dynamics Sponsors Poly U Ammonia-Powered Vehicle Research Project

HONG KONG, Aug 18, 2021 – (ACN Newswire) – Ev Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "Ev Dynamics" or the "Group"), a provider of new energy vehicles and technology integrated solutions, is pleased to sponsor The Hong Kong Polytechnic University ("Poly U") to carry out its ammonia-powered vehicle research project and development of ammonia fuel cells to power electric minibuses and other public transportation.


Mr. Cheung Ngan, Chairman of Ev Dynamics (left 4), said, "We give full support to the ammonia-powered vehicle research project headed by Prof. Cheng Ka-wai, Eric, Department of Electrical Engineering, PolyU (right 3). We believe the results of such research will not only provide reference for the application of ammonia in new energy vehicles, but will also help to popularize clean energy and further promote the sustainable development of society, economy and the environment."


The research project has been jointly initiated by the Department of Electrical Engineering and Department of Applied Physics of Poly U. Its aim is to develop an ammonia-powered fuel battery that has higher energy storage efficiency than lithium batteries, is safer than hydrogen batteries, and can achieve zero carbon emissions to drive light electric vehicles.

Mr. Cheung Ngan, Chairman of Ev Dynamics, said, "As a member of the new energy vehicle industry, we actively support the research of green and new energy vehicles. We are pleased to see that the Hong Kong academic sector is taking the initiative to conduct research on ammonia-powered vehicles, and is the reason why we have decided to give full support to Poly U on the project. We believe the results of such research will not only provide reference for the application of ammonia in new energy vehicles, but will also help to popularize clean energy and further promote the sustainable development of society, economy and the environment."

Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, "Ammonia does not release carbon dioxide when ignited, and the process of manufacturing, storing and transporting ammonia is relatively simple and safe. Therefore, ammonia is set to represent a new direction for the development of new energy vehicles. In addition to actively manufacturing and selling electric vehicles, we also continue to develop new technologies on our own as well as support Poly U and other institutions in their research on new energy vehicles. We hope to promote the development of new energy vehicles and promulgate the idea of adopting a more environmentally friendly lifestyle in modern day society."

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China's new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America.

Media Enquiry
Strategic Financial Relations Limited
Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk
Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk
Eddie Li +852 2114 4170 eddie.li@sprg.com.hk
Website: www.sprg.com.hk


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Quantron Supports IKEA’s Emissions-free Delivery

HONG KONG, Aug 17, 2021 – (ACN Newswire) – Quantron, strategic partner of Ev Dynamics, delivers 30 electric vans to IKEA Austria.


Andreas Haller, founder and CEO of Quantron AG (left), hands over a symbolic key for the delivered vehicles to Claes Lindgren, Country Customer Fulfillment Manager IKEA Austria (right)


Quantron AG, handed over the first set of 100% emission-free vans to IKEA Austria, this week. The international furniture company IKEA has set itself the goal of becoming climate-positive by 2030. The e-mobility specialist Quantron supports IKEA in this mission and supplies the IKEA logistics center near Vienna with 30 environmentally friendly e-vehicles. The Germany based Quantron AG is strategic partner of Ev Dynamics.

Quantron's first all-electric Q-Light was already used for extensive testing at the logistics center in June. With a range of at least 170 km, a drive power of 100 kW and a maximum charging power of 70 kW, the e-transporters are ideally equipped for routes between IKEA locations and customers' delivery addresses. Initially, the vehicles will be used for deliveries to all 23 of Vienna's municipal districts and within a 30 km radius of the logistics center.

Andreas Haller, founder and CEO of Quantron AG: "We are pleased to be able to support IKEA with our knowledge and expertise in this important step towards emission-free delivery. Quantron is proud to help companies like IKEA with our many years of e-mobility experience and our international network to make the switch to emission-free freight transport."

Miguel Valldecabres Polop, CEO of Ev Dynamics, said: "Ev Dynamics and Quantron entered into a share swap agreement on 29 July 2021. Ev Dynamics is proud as investor and strategic partner for the win of this new business opportunity for Quantron AG."

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China's new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America.

About Quantron AG
Quantron AG is a provider of clean battery and hydrogen-powered e-mobility systems for commercial vehicles such as trucks, buses and vans. In addition to new electric vehicles, the wide range of services offered by the innovative solutions include the electrification of used and existing vehicles, the creation of individual overall concepts including the appropriate charging infrastructure as well as rental, financing and leasing services and driver training. Quantron AG also sells batteries and integrated customised electrification concepts to manufacturers of commercial vehicles, machinery and intralogistics vehicles. The German company from Augsburg in Bavaria is a pioneer and innovation driver for e-mobility in passenger, transport and freight traffic.

You can find more information at www.quantron.net

Visit the Quantron AG on its social media channels on LinkedIn ( https://www.linkedin.com/company/quantron-ag ) and YouTube ( https://www.youtube.com/channel/UCDQ-CKkS8XMHcJ9Ze-6UVNA )

Media Enquiry
Strategic Financial Relations Limited
Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk
Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk
Eddie Li +852 2114 4170 eddie.li@sprg.com.hk
Website: www.sprg.com.hk

Quantron AG
Volker Seitz 0049-821-789840-86 press@quantron.net

You can find the original photo in low and high resolution here: Press releases from Quantron AG (https://www.quantron.net/en/q-news/pr-berichte/)


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Quantum Solutions Co., Ltd. shifts to focus on the EV business for its core development and its EV development plans in China

HONG KONG, Aug 16, 2021 – (ACN Newswire) – According to the "Notice Regarding the Memorandum of Understanding for Capital and Business Alliance with Shanghai LingKang Consulting Co., Ltd." dated 21 June 2021, Quantum Solutions Co., Ltd. (hereinafter referred to as the "Company") signed a Memorandum of understanding with Shanghai LingKang Consulting Co., Ltd (hereinafter referred to as "Lingkang") in relation a business alliance including capital investment in the electric vehicle (hereinafter referred to as "EV") sector. In addition, according to "Notice Regarding the Start of New Business and Capital and Business Alliance with FOMM Corporation" dated 12 July 2021, the Company announced that subject to approval by the board of directors of FOMM Corporation (hereinafter referred to as "FOMM"), a Japanese company, the Company would forge a business alliance including capital investment with FOMM in the EV business. The Company considers that embarking on business in the EV sector is within the business direction of 5G communications and AI.

The Company is still discussing with Lingkang and FOMM the details of the respective capital and business alliances. The Company has not at this stage yet confirmed whether to cooperate with Lingkang or FOMM in any such alliance. However, it is the Company's intention to develop and focus on the EV sector as the core business in China. The reasons shift include: (1) Development of EV is a significant global trend. Take-up of EVs is expected to gradually replace the oil era of the past century plus and become mainstream in the next 30 to 50 years; (2) Japan's EV industry has been developing at a slow pace lagging behind that of China, the United States and Europe for nearly two-to-three years. However, the Company believes that Japan's EV industry will catch up with those countries in the next few years; (3) There is currently no influential listed electric vehicle company in Japan's capital market in stark contrast to the US' and China's capital markets. Tesla from the US and BYD from China have market capitalisations of more than US$100 million and US$150 billion respectively. In addition, there are many other listed EV companies in the US and China, and their market capitalisations have already reached very high levels. In the future, as the awareness of the EV market increases, the EV business is expected to become an important highlight in the Japanese capital market; (4) From the perspective of rapid emergence EVs and autonomous driving, the trend of intelligent EV Internet and the overall development of the EV industry, the demand for EVs is expected to be very high; (5) While FOMM is a Japanese electric vehicle brand, the current Japanese electric vehicle market is not mature. Therefore, at this stage of development, it is more practical to quickly enter a mature market to grow the Company within a short period. Therefore, the short-term development strategy is to enter the Chinese electric vehicle market.

Generally regarded as "The World's Factory" with the world's most compete industrial supply chain to produce automobiles, more than 50% of global auto parts manufacturing is related to China. In addition, most of the world's major auto parts companies have invested in China. Therefore, considering the stable auto parts supply and obvious cost reduction through elimination of import transportation fees and tariffs, it is beneficial to set up production facilities in China. In addition, apart from the advantages stated above, the Chinese government has implemented favourable policies for the EV business, and China is the largest market in the world. When mass production starts in China, the EVs can be exported to other countries. From the perspective of revenue generation, setting up production facilities in China offers considerable benefits.

In summary, the Company plans to focus on EV development and its production in China. The Company's EV business will be developed in the general direction outlined below.

(1) Short-term strategy
Through mass production in China, the Company aims to reduce the selling price to less than 60% of current prices.

(2) Mid-term strategy
Focusing on "Japanese branded, made in China" small electric vehicles for small towns and rural areas of China.

(3) Long-term strategy
Many large Internet companies in China have announced plans to enter the EV market. The EV market in China is expected to be completely Internet-enabled within a few years. Therefore, the Company will actively look for cooperation opportunities with Internet companies to leverage the Internetisation of EVs.

Quantum Solutions Co.,Ltd. Company Summary
Company name: Quantum Solutions Co.,Ltd. (Second section of the Tokyo Stock Exchange Stock code: 2338)
Address: 102-0073. Kudan VIGAS Bldg. 3F, 1-10-9 Kudan Kita, Chiyoda-ku, Tokyo, Japan
Representative: SHAO YUN, Chairman of the board
Capital: 2,559 million yen
Businesses: Content development and distribution Software development
Company URL: https://www.quantum-s.co.jp/

For media enquiries:
Quantum Solutions Co.,Ltd.
Sylvia Chan
Email: info@quantum-s.co.jp



Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Motul propels Pramac Racing to maiden MotoGP victory

After a long summer break, the MotoGP paddock roared to life once again in the Styrian Alps, as the Red Bull Ring came alive for Round 10 of the 18-race calendar. The Styrian GP lived up to the hype, delivering loads of nail-biting excitement, unexpected shocks and heart-stopping crashes. The highlight, however, was Pramac Racing claiming their maiden MotoGP win after 20 years competing in the series, coming after a stellar ride by rookie Jorge Martin. Martin edged out defending champion Joan Mir of Team Suzuki and maintained his composure after an early red flag to seal a notably well-deserved win. Motul played a key role as lubricant partner for both the top 2 finishing teams in the race.

Jorge Martin claimed his first MotoGP victory

It was a vital race for the Pramac Racing rookie, having missed 4 races of his first MotoGP season due to injury. Martin was able to bounce back and deliver a powerful performance in Styria. He claimed pole position on Saturday and followed that up with an outstanding victory on Sunday. Pramac Racing has been making steady strides towards competing amongst the top MotoGP teams. At the start of the 2021 season, Motul was announced as Pramac Racing’s Official Lubricant Partner. The new collaboration was a direct result of Motul’s understanding and development of lubricants for racing machines. Since the Ducati team began using Motul, they have achieved 6 podium finishes this season. The MotoGP competition and results from the Ducati Desmosedici allows Motul to constantly experiment and innovate the product, to ensure Motul delivers the best oil to their customers around the world.

Team Suzuki Joan Mir put up a challenging fight for the race lead

Although Martin set an amazing pace, the thing that was more commendable was his ability to defend from the 2020 World Champion, Joan Mir. Mir put up an excellent fight in his Motul powered Suzuki GSX-RR, however, fell short by 1.5 seconds when the chequered flag fell. Team Suzuki has been a dominant force in the MotoGP for many years, and the Japanese factory team has maintained a technical partnership with Motul for more than three decades.

Motul has held a reputation for developing the highest grade of racing lubricants for several decades. With Team Suzuki and Pramac Racing backed by Motul’s extensive R&D department, they are able to implement the latest lubricant technology in their motorbikes. The commercial 300V range is engineered by incorporating findings of performance in the MotoGP. Pushing the limits of the Motul lubricant is the only way to make gains, hence Motul continues their dedication to support motorcycle racing at the highest levels.

The Styrian GP was the first of two back-to-back race weekends at the Red Bull Ring. Jorge Martin’s brilliant win propelled him to P12 in the rider standings, while his team mate Johann Zarco managed to do enough to maintain his spot in P2. Team Suzuki’s Joan Mir jumped one spot to P3 and his team mate Alex Rins slotted in behind Martin in P13. Historically, this circuit layout has suited the Ducati and Suzuki bikes extremely well, as further reiterated from their solid points scoring weekend. Pramac Racing and Team Suzuki will hope to continue this run into the MotoGP Grand Prix von Osterreich at the same track next weekend. Both Motul teams will be ones to watch out for as they look primed to repeat their success in consecutive races.

Jorge Martin and Joan Mir took P1 and P2 at the Styrian GP

QUALIFYING RESULTS

#89 Pramac Racing Ducati Desmosedici – P1 (1:22.994)
Jorge Martin

#5 Pramac Racing Ducati Desmosedici – P6 (1:23.376)
Johann Zarco

#36 Team Suzuki Ecstar Suzuki GSX-RR – P5 (1:23.322)
Joan Mir

#42 Team Suzuki Ecstar Suzuki GSX-RR – P13 (1:23.585)
Alex Rins

RACE RESULTS

#89 Pramac Racing Ducati Desmosedici – P1
Jorge Martin

#5 Pramac Racing Ducati Desmosedici – P6
Johann Zarco

#36 Team Suzuki Ecstar Suzuki GSX-RR – P2
Joan Mir

#42 Team Suzuki Ecstar Suzuki GSX-RR – P7
Alex Rins

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.

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. 2021 marks the 50th anniversary of the Motul 300V.

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 teams in: Road racing, Trials, Enduro, Endurance, Superbike, Supercross, Rallycross, World GT1, 24 Hours of Le Mans (cars and motorcycles), 24 Hours of Spa, Le Mans Series, Andros Trophy, Paris-Dakar, 8 Hours of Suzuka, Bol d’Or, Daytona 200-mile motorcycle race.

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



Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Motul supported teams revved up for title fight after MotoGP summer break

The MotoGP is considered the pinnacle of motorcycle racing, featuring the best riders and manufacturers of 2-wheel motorsports. Having completed 9 rounds, the competition moves into the second half of the season where the championship fight is guaranteed to get more exciting. MotoGP finally returns after a 5-week summer break, with back-to-back race weekends at the famous Red Bull Ring in Spielberg. The Michelin® Grand Prix of Styria will be the first race of the Austrian double-header, kicking off with free practice on Friday.

Team Suzuki have scored solid points in the first half of the season

Motul, the Official Lubricant Partner of 2 top teams on the MotoGP roster, Team Suzuki and Pramac Racing, has enjoyed a successful first half of the season. Having secured a podium finish in all but 2 races so far, Motul has really showcased their technical prowess with racing grade lubricants. Being an integral part of the competition’s illustrious history, the French oil manufacturer continues to develop specialized lubricants designed to work in harmony with the high performance engines used in the MotoGP. The grueling nature associated with this discipline provides a vital test bench for Motul’s motorcycle lubricants.

Pramac Racing Johann Zarco currently sits in P2 in the rider standings

Reigning champions, Team Suzuki has been working alongside Motul since the 1988 season to keep their MotoGP bikes reliable with top racing lubricants. Being the designated lubricant partner of the team, Motul products keep the Suzuki GSX-RR in prime condition for the duration of the competition. This collaboration of more than three decades is the perfect example of Motul’s commitment to innovation and development of their products in conjunction with the best factory teams around the world. Motul’s technical experts have been able to forge an excellent partnership with the Suzuki factory team, achieving championship success in multiple seasons. The knowledge from this engagement has played a monumental role in the development of Motul’s Factory Line lubricants which are used by racing teams in numerous competitions globally.

Title fight is set to get more competitive in the second half of the season

Team Suzuki Joan Mir celebrates his podium finish at TT Circuit Assen

Pramac Racing has seen a significant improvement in performance as compared to the 2020 season. The Ducati Desmosedici has proved to be more competitive and achieved spectacular results. At the start of the season Pramac Racing announced that they would be extending their partnership with Motul for three more years, reiterating their faith in Motul lubricants. Motul has developed engine oils specifically engineered for the Ducati engine which responds to the extreme conditions and mechanical restraints presented in the MotoGP competition. The technical research and development from track applications has been incorporated into Motul’s commercial products that bring top tier racing technology to everyday consumers.

The 2021 Styrian GP will get underway with the main race being held on the 8th of August (Sunday) at the Red Bull Ring. The famous circuit, nestled in the Styrian hills, has a reputation for providing some enthralling racing action due to the flat out nature of the circuit. Its 4.3km track features 10 medium to high speed corners allowing the MotoGP riders to push the limit of their bikes’ top speed. Teams are gearing up for a significantly tougher race with predictions of thunderstorms all week. Racing fans however, can be certain to expect edge-of-the-seat track battles and top-notch driver ability. Pramac Racing’s Johann Zarco currently sits in P2 and Team Suzuki’s Joan Mir occupies P4 in the championship standings. With more than half the season still left to go, the competition is far from decided and will further heat up towards the pointy end of year. MotoGP fans can follow the live racing action on the MotoGP website (https://www.motogp.com/en) and on the teams’ social media channels.

Motul bids farewell to The Doctor, MotoGP icon Valentino Rossi at the end of this season. GRAZIE VALE!

Valentino Rossi announced that this will be his last MotoGP season; Photo: 2004 South African Motorcycle Grand Prix

2021 MotoGP Michelin® Grand Prix of Styria Schedule (all times in GMT+2)

6 August 2021 (Friday)
0955 – 1040: Free Practice 1
1410 – 1455: Free Practice 2

7 August 2021 (Saturday)
0955 – 1040: Free Practice 3
1330 – 1400: Free Practice 4
1410 – 1425: Qualifying 1
1435 – 1450: Qualifying 2

8 August (Sunday)
0940 – 1000: Warm Up
1400: MotoGP Race Start

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.

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. 2021 marks the 50th anniversary of the Motul 300V.

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 teams in: Road racing, Trials, Enduro, Endurance, Superbike, Supercross, Rallycross, World GT1, 24 Hours of Le Mans (cars and motorcycles), 24 Hours of Spa, Le Mans Series, Andros Trophy, Paris-Dakar, 8 Hours of Suzuka, Bol d’Or, Daytona 200-mile motorcycle race.

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



Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

An industry at a crossroads – reimagining the automobile company

HONG KONG, Aug 4, 2021 – (ACN Newswire) – The automotive industry is at a crossroads. Traditional automakers, or original equipment manufacturers (OEMs), are in the midst of a tsunami that not all of them will survive. What will be the reason for their demise? Besides the transition from internal combustion engine (ICE) car to electric vehicle (EV), the car industry is undergoing an unprecedented structural transformation.

New technologies – autonomous, connected, electrified, sharing (ACES) – are being introduced that will make drivers obsolete; while new competitors have entered the industry with Midas-like resources and accustomed to constant business model upheaval. Don't underestimate the enormous effect both are having on consumer behaviour and their demand for cars.

Frankly, for the OEMs, it costs too much to design and build cars in the traditional way. The market evolution from internal combustion engine (ICE) car to electric vehicles (EV) is only serving to exacerbate the cost differential.

It's clear that new thinking is needed if traditional car brands wish to survive this tsunami. Be plugged-in to consumer tastes and able to optimize for product-market fit. But also implementing flexible manufacturing technologies knowing that tastes will be fickle.

Product life cycles will be shorter in the future than ever before. Forget the industry rule-of-thumb that a product can last 6-8 years with a minor facelift in the middle. Apple unveils a significantly upgraded smartphone virtually every year, along with even more frequent improvements to the operating system – and that has trained consumers to have completely different expectations.

What is the solution then? OEMs need to be ready to make partnerships and adopt engineering services outsourcing (ESO) for more critical functions to category specialists than ever before. It's simply not possible for a single automaker to excel in every required capability from R&D to design, autonomous driving software, EV platform and battery development, manufacturing and component value chain.

The EV market is nearing its inflection point. ICE-to-EV price parity is expected to be reached sometime within the next few years. Indeed, more and more countries and cities – including China, UK, and EU – have pledged to phase out new ICE cars by 2030 or 2035, at the latest.

Last year, even as the pandemic raged on, more than 3.2 million EVs were sold worldwide, an increase of over 40% year-on-year. For the first time, EVs made up more than 4% of all new vehicle sales. Customers are ready to accept EVs as cars. Improving charging infrastructure has lessened range anxiety. The fact that there are more models to choose from – whether micro-urban cars to high performance and luxury models – has also increased their appeal to buyers.

But for all the consumer excitement, the EV profitability formula is muddied by a continuing pricing differential between EV and ICE cars. While the complexity of an EV is significantly lower than that of an ICE car, the higher cost of battery cells means that profit margins are razor thin at best or, more likely, negative for the next few years still until the price of batteries come down further.

This puts even more pressure on OEMs to be operationally smarter. The trick is to throw away so-called tried-and-true legacy ways of making cars, and adopt new, optimized ways that make better economic sense within the new paradigm.

A recent McKinsey study suggested some possible options for OEMs to consider; these include stripping out costly equipment to create much lower-cost minimum viable products, fitting smaller battery packs to optimize range for urban distances rather than chasing Tesla's ultra-long range offerings, and, most importantly, aggressively outsourcing capital expenditures, even ones that would have been considered core in the past.

The latter, for example, is the strategy being pursued by the Volkswagen Group, which has partnered with Ideenion Design and other ESOs on engineering, design and prototyping.

The pressure is on to implement change. EV disruption has already arrived, but much more is coming.

So far, we've only talked about EVs in the context of ACES, but connectivity is already here in terms of sat-nav and cloud applications, whether for entertainment or diagnostics. Tesla's cars can automatically update their software over 4G/5G networks like your mobile phone or laptop, eventually all cars will.

Apple's market cap is some $2.4 trillion, and has some $200 billion in cash stashed away. By comparison, that's enough cash to buy Ford Motor Co nearly 4 times over, or about two-thirds of Toyota. That's a lot of horsepower for the OEMs to try and outrun.

What does this mean for the future of the car industry? Some people believe that, with the advent of self-driving, we'll be able to share cars and no longer need to own them ourselves. I don't believe that will be the case.

Cars have become an extension of our persona; along with our clothes and accessories, they are how we project our self-image to the world. Certainly there will be a market for autonomous ride-sharing services, but it may not be significantly more than that of public transport today.

It's much more likely that cars become like our smartphones. Personalised, always connected. But, also like our smartphones, the new Big Tech-derived car makers will move them on a much faster product cycle.

Eventually the business model will extend beyond just selling you a new car every couple years. What will that be? I don't have a crystal ball, so I couldn't tell you. But it will be as different as my old Nokia handset was to the latest iPhone in my pocket.

And that's a good warning to the OEMs, if they don't want to become the next Nokia.


Source: Unicorn Financial


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

China Dynamics Changes Name to Ev Dynamics

HONG KONG, Jul 27, 2021 – (ACN Newswire) – China Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "China Dynamics" or the "Group"), which provides new energy vehicles and technology integrated solutions, has changed the name of the Company from "China Dynamics (Holdings) Limited" to "Ev Dynamics (Holdings) Limited" to better reflect the current status of the Group's business development and its direction of future development.

Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, "The Group is to globalise its electric vehicles to world markets, including and not limited to Mainland China, Hong Kong, Asia Pacific and South America. Through the dynamic environment of pure electric vehicle development, it is also the Group's aim to become an environmentally friendly enterprise. We believe that the new name can provide the Company with a more appropriate corporate image and identity which will benefit the Group's business development."

The stock short name of the Company for trading in the shares on The Stock Exchange of Hong Kong Limited will be changed from "CH DYNAMICS" to "EV DYNAMICS" in English with effect from 27 July 2021.

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China's new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power system and its key components. The Group has production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America.

Media Enquiry
Strategic Financial Relations Limited
Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk
Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk
Eddie Li +852 2114 4170 eddie.li@sprg.com.hk
Website: www.sprg.com.hk

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Motul powers Honda motorbikes to a weekend full of victories

Motul and Honda enjoyed a long standing relationship, working together to develop superior racing grade engine oils for Honda motorbike engines. Over the July 17 and 18 weekend, Honda racing teams showcased how this collaboration with the French oil manufacturer has resulted in amazing results. F.C.C. TSR Honda France took their first win of the FIM Endurance World Championship 2021 season at the 12 Hours of Estoril in Portugal. Similarly, Motul-powered Team HRC secured the overall victory at MXGP of The Netherlands. It was an incredible weekend to celebrate for Motul, helping Honda achieve success across multiple championships.

F.C.C. TSR Honda France celebrate their win on the podium

The FIM EWC witnessed spectacular racing as the series shifted to the famous Cicuito do Esotril on the Portuguese Riviera. Notwithstanding some of the hottest temperatures of the year, F.C.C. TSR Honda France rose to the occasion and secured an emphatic win. Honda’s collaboration with Motul over the last few decades has led to the development of the Motul 300V Factory Line Racing Kit Oil 2376H 0W-30 ESTER Core®, engineered specifically for the CBR1000RR engine. The Honda EWC bike has proved to be highly compatible with this lubricant, delivering superior power output without compromising reliability. The 300V lubricant helped keep the CBR1000RR-R Fireblade SP reliable for more than 400 laps. The other Motul-powered Honda team, National Motos, was able to take a well-deserved podium finish in the Superstock class. They were also awarded the Dunlop Independent Trophy for a second race running. The strong results of both Honda teams was a testament to the performance the Motul 300V can deliver.

The EWC Honda team had no trouble dealing with the conditions

The fourth round of the FIM MXGP in The Netherlands took place in Oss on Sunday. Tim Gasjer from Team HRC went into the weekend as the championship leader. Motul has enjoyed a fruitful partnership with Team HRC, providing them with lubricants for the highly demanding Motocross competition and achieving championship success over the previous years. Team HRC’s CRF450RW uses the Motul 300V Factory Line Off Road 5W-40 4T to ensure high performance and reliability throughout the race. The lubricant is able to perform at high RPM levels and protects the bike engine from shocks and stress experienced in the dirt racing competition. Tim Gasjer achieved P3 in the first race and P2 in the second race, awarding him the overall victory for the weekend and extending his championship lead.

Tim Gasjer from Team HRC took the overall win at the MXGP in Netherlands

F.C.C. TSR Honda France sit just 5 points behind championship leaders

Motul’s association with Honda is the perfect example of the French company’s philosophy of developing and testing products in a racing application before making it available to a wider customer base. The high performance characteristic of the 300V has been detrimental to the championship success the lubricant has been able to attain for so many years, powering numerous teams to victory. Motul continues to work with OEMs to improve and innovate their products, providing the best results for their customers. The Honda teams’ achievements over the third weekend of July proved once again how well Motul 300V works to provide performance.

National Motos put up a great fight to carve their way into the podium places

Team HRC extended their lead in the MXGP championship

FIM EWC QUALIFYING RESULTS

#5 F.C.C TSR Honda France CBR1000RR – P3 in EWC class, P3 Overall (1:39.309)
Josh Hook | Yuki Takahashi | Mike Di Meglio

#55 National Motos CBR1000RR – P4 in Superstock class, P13 Overall (1:41.233)
Stéphane Egea | Guillaume Antiga | Enzo Boulom

FIM EWC RACE RESULTS

#5 F.C.C TSR Honda France CBR1000RR – P1 in EWC class, P1 Overall (417 laps completed, Fastest Lap – 1:39.801)
Josh Hook | Yuki Takahashi | Mike Di Meglio

#55 National Motos CBR1000RR – P2 in Superstock class, P9 Overall (407 laps completed, Fastest Lap – 1:41.171)
Stéphane Egea | Guillaume Antiga | Enzo Boulom

FIM MXGP RACE RESULTS

#243 Team HRC CRF450RW – P3 in Grand Prix Race 1 (20 Points), P2 in Grand Prix Race 2 (22 Points), P1 Overall (42 Points)
Tim Gajser

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.

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. 2021 marks the 50th anniversary of the Motul 300V.

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 teams in: Road racing, Trials, Enduro, Endurance, Superbike, Supercross, Rallycross, World GT1, 24 Hours of Le Mans (cars and motorcycles), 24 Hours of Spa, Le Mans Series, Andros Trophy, Paris-Dakar, 8 Hours of Suzuka, Bol d’Or, Daytona 200-mile motorcycle race.

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



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