GaN and SiC Technologies on Spotlight at PowerUP Asia Conference

TAIPEI, TAIWAN, Apr 24, 2023 – (ACN Newswire) – The power electronics landscape is changing. Wide-bandgap (WBG) devices, including gallium nitride (GaN) and silicon carbide (SiC), are gaining traction in replacing silicon devices, which are reaching their theoretical limits in performance, in applications including power modules and power inverters, motor drives, and chargers and adapters, to name a few.

According to Yole Developpement, the power GaN market will be worth $2 billion in 2027, with consumer applications, including power supplies and Class D audio amplifiers, representing about 48% of the total GaN industry.

In particular, the consumer power supply market for GaN is forecast to be worth over $915.6 million by 2027, growing at a compound annual growth rate (CAGR) of 52% between 2021 and 2027. For the datacom/telecom industry, Yole projects the power GaN market growth to be at 69% CAGR during the forecast period, while the GaN automotive market is expected to register a CAGR of 99%.

The SiC device market, on the other hand, is forecast to reach $6.3 billion in 2027, mainly driven by electric vehicles (EVs), their charging infrastructures, and photovoltaics, according to Yole.

WBG is one of the key focus topics at the upcoming PowerUP Asia conference and virtual exhibition on May 24-26, 2023. Organized by AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, PowerUP Asia puts the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.

Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including WBG devices, power semiconductors, and related technologies.

With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference. This technical conference will include keynotes, panel discussions, and technical presentations on significant technical trends, market demands and new application areas. Along with the conference, there will be an exhibition hall with virtual booths from top power electronics businesses and a live chat that will allow attendees to communicate directly with booth staff.

Confirmed companies presenting at the virtual conference include Analog Devices Inc., Arrow Electronics Inc., Advanced Semiconductor Engineering Inc. (ASE Group), Cambridge GaN Devices, Efficient Power Conversion Corp. (EPC), GaN Systems Inc., Infineon Technologies AG, NXP Semiconductors, Rohde & Schwarz, STMicroelectronics, and UTAC Group.

For more information and to register, visit https://ve.eetasia.com/powerup2023.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today's engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Inaugural PowerUP Asia Conference Highlights Latest Innovations in Asia’s Power Electronics Industry

TAIPEI, TW, Apr 21, 2023 – (ACN Newswire) – The growing electric vehicle (EV) industry, increasing calls for renewable energy adoption, the automation trends in the industrial sector, and the rising demand for consumer electronics, are fueling the growth of the power electronics industry as manufacturers set their sights on power efficiency, carbon reduction, and ‘greener’ energy.

According to research firm Global Market Insights (GMI), the worldwide power electronics market reached over $22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% to reach more than $40 billion in 2032.

The Asia Pacific (APAC) region accounted for more than half of the power electronics market, recording a total market share of 55% in 2022, according to GMI, mainly driven by the increasing penetration of EVs. On top of this, the expansion of the IT sector, the growing number of Internet users, and the continuous development and rollout of 5G networks are propelling the demand for data centers in the region, which in turn is driving the demand for more power-efficient devices with higher power densities and more and more compact packages. All these are expected to transform the APAC region into a major hub for power electronics manufacturing.

To put the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia, AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, will hold the inaugural PowerUP Asia conference and virtual exhibition on May 24-26, 2023.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.

Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including wide-bandgap (WBG) devices, power semiconductors, and related technologies.

With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference. This technical conference will include keynotes, panel discussions, and technical presentations on significant technical trends, market demands and new application areas. Along with the conference, there will be an exhibition hall with virtual booths from top power electronics businesses and a live chat that will allow attendees to communicate directly with booth staff.

Confirmed companies presenting at the virtual conference include Analog Devices Inc., Arrow Electronics Inc., Advanced Semiconductor Engineering Inc. (ASE Group), Cambridge GaN Devices, Efficient Power Conversion Corp. (EPC), GaN Systems Inc., Infineon Technologies AG, NXP Semiconductors STMicroelectronics, and UTAC Group.

For more information and to register, visit https://ve.eetasia.com/EAC2022.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today’s engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person:
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com

Electric Vehicles & the Grid Online Workshop Is Back By Popular Demand

SINGAPORE, Apr 12, 2023 – (ACN Newswire) – Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new date for Electric Vehicles & the Grid online workshop which will be commencing live on 15th May 2023.

Even without the rapid growth of EVs, our current power systems are in the midst of a disruptive transition towards cleaner, diversified and more flexible structures. If a transition from internal combustion engines (ICE) to electric vehicles (EVs) is to be achieved, what will be the impact on these systems? What are the barriers to scale and which solutions (and hence market opportunities) will be essential?

This course provides a comprehensive introduction to the multi-sector issues that must be understood and integrated, plus the competitive battles ahead, including: technology status and trends, management of electricity demand & supply, charging network players and competitors, consumer behaviour influences.

A past participant from Statkraft Development AS shared that, “The trainer was very knowledgeable and enthusiastic in presenting the material, also enabling knowledge exchange between participants in the group.”

“He is a professional trainer with excellent presentation skills. He is also able to make simple presentations of complex issues and has a very good knowledge of renewable energy matters. I highly recommend him as a trainer!”, said the Director of IDETA.

Check out the essential guide to opportunity and risk within emerging EV charging value chains at www.infocusinternational.com/ev.

Course Sessions

The EV market and its bulk impact on electricity systems
Charging challenges, smart charging and EVs as grid assets
Value chain convergence and technology disruption

Benefits of Attending

Quantify the variables which will determine the impact of EVs on electricity supply
Identify the key barriers to widespread EV integration and growth, from a power system perspective
Assess where and how EVs can help the grid, through smart charging and Vehicle-to-Grid (V2G) solutions
Get up-to-date on the most significant value chain activities and pilot study findings
Analyse and segment the competitive landscape for EV charging
Understand and discuss which future technologies, behavioural trends and policy influences will be crucial to creating long-term, sustainable business models

About Infocus International Group

Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients’ needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com

Want to learn more?

Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit https://www.infocusinternational.com/ev

Elektros Launches New Clean Energy Technology Brand – Elektros Energy

SUNNY ISLES BEACH, FL, Mar 29, 2023 – (ACN Newswire) – Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announces the launch of its new clean energy technology brand, Elektros Energy.

Elektros Energy brand will better reflect its focus on such areas as Lithium mining, EV charging, solar energy, and innovative solutions to help accelerate the world's transition to a cleaner and more sustainable energy future.

Lithium mining is a critical component of the clean energy industry, as it is a key material used in the production of batteries for electric vehicles and renewable energy storage. Elektros Energy is committed to responsibly sourcing Lithium, ensuring that it is extracted in an environmentally and socially responsible way.

Elektros recently announced it had begun discussions regarding potential stake or development agreement for virgin Lithium mining project located in Sierra Leon, Africa.

EV charging is another area of focus for Elektros Energy, as the demand for electric vehicles continues to rise. The company is working on developing fast, reliable, and accessible charging solutions for EV drivers to make it easier for them to adopt this sustainable mode of transportation.

The company's patent pending Multi-Port Charging Assembly allows users to use multiple charging features on electric vehicles we plan to not only include in our designs, but aggressively market to major electric vehicle manufacturers under licensing agreements.

MISSION STATEMENT

At Elektros, our mission is to revolutionize the clean technology industry by developing innovative and sustainable solutions that empower individuals, businesses, and communities to transition to a greener future. We believe that by harnessing the power of technology, we can create a cleaner, healthier, and more sustainable world for generations to come.

We are committed to using the latest advancements in science and engineering to design and manufacture cutting-edge products that meet the highest standards of quality, efficiency, and sustainability. We strive to minimize our environmental impact by adopting sustainable practices in our operations and supply chain, while maximizing social impact through our partnerships and community engagement initiatives.

At Elektros, we believe that clean technology is the key to unlocking a brighter future, and we are dedicated to making that future a reality. We are constantly pushing the boundaries of what is possible, and we are committed to delivering the best possible outcomes for our customers, our stakeholders, and the planet.

For more information about Elektros Energy, please visit www.elektrosenergy.com

About Elektros, Inc.

Elektros, Inc. is a leading technology company dedicated to the development of innovative clean energy solutions. The company is focused on advancing the world's transition to a cleaner and more sustainable energy future through its work in electric vehicles (EV), Lithium mining, EV charging, and solar power. With a commitment to responsible sourcing and sustainability, Elektros is working to create a more environmentally and socially conscious world. Through its focus on cutting-edge technologies and a team of experienced professionals, Elektros is poised to make a significant impact on the clean energy industry and help drive positive change for generations to come. www.elektrosenergy.com

Twitter: https://twitter.com/elektrosenergy
Facebook: https://www.facebook.com/Elektrosmotors/

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Elektros, Inc.
Email: info@elektrosmotors.com

SOURCE: Elektros, Inc.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

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

Singapore, Jan 21, 2023 – (ACN Newswire) – 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.

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

Sir Ralf is accompanied by the University of Warwick Chancellor Baroness Catherine Ashton of Upholland who conferred the degree.

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

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Snow Lake Lithium Corrects the Record and Confirms Postponed Meeting Date for January 17, 2023

MANITOBA, CANADA, Dec 21, 2022 – (ACN Newswire) – Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ:LITM) ("Snow Lake Lithium" or the "Company"), today corrects the record in response to misinformation perpetuated by the dissident group comprised of Kushkush Investments Pty Ltd (Alexandra Discretionary Trust), M + T K PTY LTD (MTK SUPERANNUATION FUND), Delaware IR LLC, Benjamin Abraham Fogelgarn, Nikola Najdoski, Yukor Mipoz Pty Ltd, Ozzi Pty Ltd, Deerhunter Investments Pty Ltd, and Nova Minerals Limited (collectively, the "Dissidents").

The Dissidents have announced a purported meeting of the Company's shareholders to take place on December 23, 2022. This meeting is invalid and will not be recognized by the Company. The Dissidents' improper attempts to hold a shareholders meeting as well as their repeated false statements regarding management compensation and ongoing initiatives at the Company are unfortunate and serve only to mislead the markets to the detriment of shareholders.

As explained in the Company's press release dated December 14, 2022, the annual general and special meeting of the Company's shareholders is now scheduled for January 17, 2023 (the "Meeting"). The Meeting was postponed by the Company's board of directors, in accordance with applicable law, as a result of concerns that the integrity of the voting process was at risk given inadequate disclosure from the Dissidents, issues with the manner in which the Dissidents solicited proxies, and a new assessment being conducted by the Australian Securities and Investments Commission with respect to an individual believed by the Company to be a joint actor of the Dissidents.

The Company again reaffirms that no meeting of shareholders will take place until January 17, 2023 and that any meeting of shareholders the Dissidents purport to convene prior to that time will be invalid, as will be any business purportedly conducted thereat.

Philip Gross, CEO and Chairman of Snow Lake Lithium, commented "There will be only one meeting at which shareholders will have the opportunity to support either current management or the Dissidents, and it will be held on January 17, 2023. We urge all shareholders to ignore any further attempts by the Dissidents to cause confusion about when and where the Meeting will occur and the issues that will be decided thereat. We also call on the Dissidents to work with management to ensure appropriate disclosure and proxy solicitation procedures are in place ahead of the Meeting, in accordance with applicable law, to prevent any further delays or erosion of shareholder value."

In light of the Company's concern with the proxy solicitation process, the Company is encouraging all shareholders to carefully review any proxy they have signed and to revoke any proxies inadvertently signed. As further disclosure is made, shareholders will continue to be entitled to revoke proxies or change their votes. If you have any questions related to proxies, voting instruction forms, or voting of your shares, please contact:

Alliance Advisors
200 Broadacres Drive, 3rd Fl.
Bloomfield, NJ 07003
North American toll free: 833-550-0994
Outside North America: 458-218-3345
Email: LITM@allianceadvisors.com

About Snow Lake Resources Ltd.

Snow Lake is committed to creating and operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the North American electric vehicle and battery markets.

Our wholly owned Snow Lake Lithium(TM) Project now covers a 55,318-acre site that has only been 1% explored and contains an identified-to-date 11.1 million metric tonnes indicated and inferred resource at 1% Li2O.

Forward-looking Statements

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including without limitation statements with respect to the timing of the Meeting. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including without limitation future actions by the Dissidents. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Some of these risks and uncertainties are described more fully in the section titled "Risk Factors" in our registration statements and reports filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.

For more information, please contact:
Investors
ir@snowlakelithium.com

Media
media@snowlakelithium.com
www.SnowLakeLithium.com
twitter: @SnowLakeLithium
LinkedIn: https://www.linkedin.com/company/snow-lake-resources

SOURCE: Snow Lake Resources Ltd.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.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

Singapore, Dec 16, 2022 – (ACN Newswire) – 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

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

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

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Ni Hsin Inks Strategic Collaboration with SIRIM

KUALA LUMPUR, Dec 15, 2022 – (ACN Newswire) – 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 signed a Strategic Collaboration with SIRIM Berhad to promote co-operation between the Parties in the following areas:

YBrs. Tuan Mohd Azanuddin bin Salleh, Senior Vice President, SIRIM Industrial Research, SIRIM Berhad; YBhg. Dato' Indera Dr. Ahmad Sabirin bin Arshad, FASc, President and Group Chief Executive Officer, SIRIM Berhad; Sofiyan Yahya, Chairman of Ni Hsin Group; Mr. Steven Khoo Chee Kong, Managing Director of NH EV TECH; Rizvi Abdul Halim, Executive Director of Ni Hsin EV Tech [L-R]

(a) setting up of a Lithium-Ion Battery Recycling Plant in Malaysia through Public-Private Partnership (PPP) funding model;
(b) providing an eco-system for a circular economy model in mitigating the impact on the environment as a result of Lithium-Ion Battery being processed illegally in Malaysia;
(c) potentially setting up a Lithium-Ion Battery manufacturing plant in Malaysia; and
(d) introducing a Lithium-Ion Battery Recycling policy working with the Government of Malaysia. (collectively the "Project")

Khoo Chee Kong, Managing Director of NH EV TECH, said: "This Strategic Collaboration with SIRIM is an extension of our quest for greater participation in the green economy. Having successfully launched our EV motorcycles last month we are looking forward to unlocking another piece of the environmental puzzle. As the world has grown to love and depend on the power and convenience brought by lithium-ion batteries (LIBs), their manufacturing and disposal have increasingly become subjects of political and environmental concerns. Most discarded LIBs eventually are landfilled or stockpiled, contaminating the land while wasting energy and non-renewable natural resources. If not recycled and reused, LIBs will exert massive environmental impacts and accelerate the depletion of mineral reserves. It's not only environmental pollution that is a problem. During the end-of-life stage of LIBs, poor handling and disposal could increase the risk of fire or poisoning. In the coming years, disposing of huge numbers of batteries from electric vehicles is going to be the real challenge. There is now a need for qualified e-waste recyclers that can handle and recycle LIBs safely and responsibly."

"The setting up of a Lithium-Ion Battery Recycling Plant is the right step in furthering Ni Hsin's green mission in support of the government's commitment towards a more sustainable, resilient and inclusive development in line with the United Nations' 2030 Sustainable Development Goal (SDG). The collaboration also aims to create an eco-system for a circular economy model in mitigating the impact on the environment and to spearhead the formation of a Lithium-Ion Battery Recycling policy working with the Government of Malaysia. The current LIB recycling market is estimated to be worth approximately $1.7 billion and is expected to increase significantly over the next ten years. In the ASEAN region there is only one such recycling facility in Singapore with a recycling capacity of 14 tonnes of Lithium-Ion batteries per day. Being one of the first movers in this region makes Ni Hsin more attractive to investors who are beginning to consider sustainability factors in their investment decision-making process."

"We are honoured to work with SIRIM in this green Project who, with their vast knowledge and innovative technical expertise, will be a valuable partner ensuring the success of this green project." SIRIM President and Group Chief Executive Officer, Dato' Indera Dr Ahmad Sabirin Arshad said, "Under the green technology master plan 2030 of Malaysia, several strategies were outlined to create a low-carbon and resource efficient economy, thus, in complementing this master plan, SIRIM will be embarking on various projects towards enhancing and promoting sustainability in line with the Sustainable Development Goals (SDGS)."

"SIRIM is ever ready to work with any parties who are keen to explore any form of recycling business where we can contribute in terms of the latest technologies towards building our local recycling capabilities for e-waste", said Dato' Indera Dr Ahmad Sabirin Arshad.

The SIRIM-Ni Hsin Lithium-Ion Battery Recycling Pilot Plant will be fully operational in 2023 with annual recycling capacity of 550 tonnes of lithium-ion batteries. For a start, the output will be sold to lithium-ion batteries manufacturers in the form of black mass. "Under this collaboration both companies will focus on the recovery of precious metals such as lithium and cobalt in 2024 and embark on lithium-ion battery manufacturing 2025, when the volume by processing more lithium-ion batteries from other nations" he added.

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

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Ni Hsin Group Unveils Two TAILG EBIXON EV Motorcycle Models

KUALA LUMPUR, Nov 22, 2022 – (ACN Newswire) – 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/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Ni Hsin Obtains VTA Approval for Electric Vehicle Bikes

KUALA LUMPUR, Oct 25, 2022 – (ACN Newswire) – 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/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com