Latest news with #NewEnergyVehicles
Business Recorder
2 days ago
- Automotive
- Business Recorder
Master Group partners with China's Chery Automobile
LAHORE: Master Group of Industries, one of Pakistan's most respected and diversified business conglomerates, has officially partnered with Chery Brand, China's No.1 global vehicle exporter, to bring the latest Super Plug-in Hybrid Electric Vehicles (PHEVs) and New Energy Vehicles (NEVs) to Pakistan. With over 60 years of industrial excellence and around 40 years of auto-manufacturing experience, Master Group is investing in a cutting-edge manufacturing facility, world-class 3S Dealership network, and comprehensive after-sales support, led by Master Auto Engineering (a subsidiary of Master Group of Industries) under the leadership of Samir Malik (CEO). This strategic alliance heralds a new era for Pakistan's automotive industry, driven by sustainable mobility, advanced technology, and an elevated customer experience. Copyright Business Recorder, 2025
Business Recorder
3 days ago
- Automotive
- Business Recorder
Master Group partners with China's No.1 global automobile export brand, Chery
Master Group of Industries, one of Pakistan's most respected and diversified business conglomerates, has officially partnered with Chery Brand, China's No.1 global vehicle exporter, to bring the latest Super Plug-in Hybrid Electric Vehicles (PHEVs) and New Energy Vehicles (NEVs) to Pakistan. With over 60 years of industrial excellence and around 40 years of auto-manufacturing experience, Master Group is investing in a cutting-edge manufacturing facility, world-class 3S Dealership network, and comprehensive after-sales support, led by Master Auto Engineering (a subsidiary of Master Group of Industries) under the leadership of Mr. Samir Malik (CEO). This strategic alliance heralds a new era for Pakistan's automotive industry, driven by sustainable mobility, advanced technology, and an elevated customer experience. Get ready for ground-breaking product launches, innovations, and more.
Mid East Info
19-05-2025
- Automotive
- Mid East Info
PETRONAS SHOWCASES ITS FLUID TECHNOLOGY INNOVATIONS TO KIMI ANTONELLI - Middle East Business News and Information
PETRONAS and the Mercedes-AMG PETRONAS Formula 1 Team mark 15 years of collaboration built on technical co-development and performance driven innovation. Kimi Antonelli toured the state-of-the-art PETRONAS Global Research & Technology (R&T) Centre in Turin, where he was introduced to the cutting-edge technologies and technical capabilities that fuel the team's success on the track, as part of his ongoing technical onboarding with PETRONAS The tour of the Global R&T Centre, taking place before this weekend's Emilia Romagna Grand Prix, gave Antonelli a first-hand look at the innovation and collaboration that drives PETRONAS' longstanding partnership with the Mercedes-AMG PETRONAS Formula 1 Team F1 Team. UAE, May 2025 – As the Title and Technical Partner of the Mercedes-AMG PETRONAS Formula 1 Team, PETRONAS continues to play a pivotal role in co-engineering high performance fuels, lubricants and functional fluids that power the team's success on the track and beyond. A cornerstone of this collaboration is the PETRONAS Global Research & Technology (R&T) Centre in Turin, which, over the course of the 15-year partnership, has played a central role in the development of Championship-winning formulations, while also driving innovation for the next generation of New Energy Vehicles (NEVs), alternative fuels and energy-efficient lubricants for everyday use. The Global R&T Centre reflects PETRONAS' commitment to continuous progress through engineering excellence, thus enabling track-to-road innovation on a global scale. In line with this longstanding partnership, the Mercedes-AMG PETRONAS F1 Team driver Kimi Antonelli today visited the PETRONAS Global R&T Centre as part of his continued technical familiarisation with the company's operations and innovations. The visit provided Antonelli with a closer understanding of PETRONAS' technical capabilities and the critical part this partnership plays in driving the team's performance. The visit marks the next phase in Antonelli's onboarding with PETRONAS since becoming one of the team's drivers, and follows his initial introduction to PETRONAS at its headquarters in Kuala Lumpur in March. This visit gave Antonelli a first-hand look at the science, innovation and collaboration behind PETRONAS Fluid Technology Solutions™ – a suite of next generation lubricants, fuels and functional fluids engineered for peak performance and reliability that power his performance on track. PETRONAS Vice President of Group Strategic Relations and Communications, Ir. Norafizal Mat Saad, said: 'This technical immersion visit represents the essence of our enduring partnership with the Mercedes-AMG PETRONAS F1 Team. For 15 years, we've collaborated to push the boundaries of fluid technology innovation, translating track-tested solutions into real-world applications.' Antonelli was received at the PETRONAS Global R&T Centre by Khalil Muri, Managing Director and Group Chief Executive Officer (CEO) of PETRONAS Lubricants International (PLI), the global lubricants manufacturing and marketing arm of PETRONAS. He was then brought on a guided tour of the advanced state-of-the-art laboratory facilities, where he engaged with PLI's industry-leading team of experts, explored the advanced R&D processes behind championship-winning fuels and fluids designed for both the track and everyday road use. Kimi Antonelli said: 'It's been great to visit the PETRONAS Global Research & Technology Centre here in Italy ahead of my home Grand Prix. We know how important the fluids and lubricants are, however seeing the level of detail, innovation and teamwork behind it all gives you a whole new perspective. It's clear how much passion and expertise goes into supporting us on track. As a driver, that gives me a lot of confidence. I'm proud to be part of this partnership and excited to keep pushing forward together.' PLI Managing Director and Group CEO, Khalil Muri, shared: 'Kimi Antonelli's visit to our Global R&T Centre is more than symbolic – it reflects PETRONAS Lubricants International's pivotal role in advancing innovation and sustainability in partnership with the Mercedes-AMG PETRONAS F1 Team. Through PLI, we turn track-tested technology into real-world solutions, aligned with our vision to be a progressive energy and solutions partner, enriching lives for a sustainable future.' Antonelli's visit comes ahead of this weekend's Emilia Romagna Grand Prix at the legendary Imola circuit, just a stone's throw from his birthplace in Bologna, which will be the Italian driver's first-time racing in his home country in Formula One. For a young driver making his first steps in the sport, visiting the PETRONAS Global R&T Centre provides a crucial insider's perspective into the high-performance fluids, fuels, and engineering that power F1 cars, and drive the competitive edge that has kept the Mercedes-AMG PETRONAS F1 Team at the top of the sport for so long. Now in its 15 th year, PETRONAS' partnership with the Mercedes-AMG PETRONAS F1 Team has delivered eight World Constructors' Championships and over 120 Grand Prix victories, establishing a global benchmark for excellence through relentless innovation. About Petroliam Nasional Berhad (PETRONAS) As a global energy and solutions partner, PETRONAS is driven by its purpose to enrich lives for a sustainable future. With presence in over 100 countries, the group continues expanding its portfolios ranging from conventional and cleaner energy solutions to a diverse range of fuel, lubricants and petrochemical products. While ensuring sustainable practices across its operations, PETRONAS strives to ensure just and equitable outcomes in transitioning to a lower carbon future. About PETRONAS Lubricants International: PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia's dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS' partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development, and delivery of the Fluid Technology Solutions™, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows. We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment. PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need.
Barnama
15-05-2025
- Automotive
- Barnama
PETRONAS Showcases Its Fluid Technology Innovations To Kimi Antonelli
TURIN, ITALY, May 15 (Bernama) -- As the Title and Technical Partner of the Mercedes-AMG PETRONAS Formula One Team, PETRONAS continues to play a pivotal role in co- engineering high performance fuels, lubricants, and functional fluids that power the team's success on the track and beyond. A cornerstone of this collaboration is the PETRONAS Global Research & Technology (R&T) Centre in Turin, which, over the course of the 15-year partnership, has played a central role in the development of Championship-winning formulations while also driving innovation for the next generation of New Energy Vehicles (NEVs), alternative fuels and energy-efficient lubricants for everyday use.
Asia Times
05-05-2025
- Automotive
- Asia Times
Japanese auto giants know they need China to survive
Japanese automakers are attempting to make a comeback in China with their local joint venture partners and Chinese suppliers of smart cockpit and self-driving technology. With their combined market share in China down from 24.1% in 2020 to 13.7% in 2024, according to the China Passenger Cars Association, this is perhaps their last chance. As General Manager Li Hui of Toyota China put it at the Auto Shanghai 2025 trade show, 'To deliver cars people want in China, we need Chinese brains and hands involved in development.' Appointed earlier this year, Li is the first Chinese general manager of Toyota China. Even if US President Donald Trump's tariffs were not disrupting their business in North America, the Japanese could not afford to be driven out of the world's largest and most dynamic auto market. More than 31 million new vehicles were sold in China in 2024, according to the Chinese Association of Automobile Manufacturers, of which nearly 13 million were NEVs (New Energy Vehicles, including battery-powered, hybrid and fuel cell vehicles). In comparison, nearly 16 million new vehicles were sold in the US, of which about 3.2 million were NEVs. Auto Shanghai 2025, the 21st iteration of the exhibition, was held from April 23 to May 2. Organized by the Council for the Promotion of International Trade, Shanghai, and the China Association of Automobile Manufacturers, the event reportedly attracted nearly 1,000 auto, auto parts and other auto supply chain companies from 26 countries and regions. The exhibition, where 1,366 vehicles were on display, of which 70% were NEVs, drew one million visitors. Car and Driver magazine noted that 'While auto shows have slowly been withering away in the United States, with fewer and fewer in-person reveals each year, the car show is thriving in China.' MotorTrend wrote: 'Back in the '50s Americans used to go to GM's Motorama shows to get a glimpse of the future, gasping in awe at fully functional concept cars like the turbine-powered, titanium-bodied Firebird III and exhibits that showed autonomous driving technologies. Fast forward seven decades and the world comes to China to see the future arriving in real time.' Hoping to be a part of that future, Japanese automakers presented several new vehicles in Shanghai. Toyota launched an electric sedan, the bZ7, which was developed by Guangzhou Automobile Group (GAC), Guangzhou Toyota Motor and Toyota China Co's Intelligent ElectroMobility R&D Center. Significantly, the bZ7 is equipped with Huawei's HarmonyOS cockpit system. At the exhibit, Toyota's Li spoke about the company's 'One R&D system and Region Chief Engineer approach' to product development in China, which he said 'integrates resources from the Intelligent ElectroMobility R&D Center by Toyota (China), FAW Toyota, GAC Toyota and its joint venture with BYD into a unified platform, enhancing collaboration with local Chinese suppliers and technology firms…' Toyota also unveiled its latest Lexus ES luxury sedan, which comes in both hybrid and, for the first time, pure battery-powered versions. Honda presented the GAC Honda GT and Dongfeng Honda GT, the second set of 'Ye Series' electric vehicles developed specifically for China. These and other Ye Series cars will use AI technology from DeepSeek to enhance the in-vehicle experience. Nissan presented an electric sedan, the N7, made by Dongfeng Nissan, and a plug-in hybrid pickup, the Frontier Pro, designed and produced by affiliated Zhengzhou Nissan. The N7 is equipped with Momenta's Advanced Driver Assistance System (ADAS). Toyota and Honda also work with Momenta, a Chinese developer of assisted driving technologies that are also used by Volkswagen, Mercedes Benz and GM. Among Chinese automakers, Momenta works with BYD, GAC and SAIC. Momenta's shareholders include SAIC, Toyota and Daimler (Mercedes-Benz). Momenta founder and CEO Cao Xudong said at the exhibit that, 'We are the first Chinese company that has successfully deployed assisted driving technologies, such as highway and city navigation features, across multiple countries worldwide, including Germany, France, and Japan.' Momenta has offices in Stuttgart and Toyota City. Mazda unveiled the new EZ-60 electric SUV developed by Changan Mazda, its joint venture with Chongqing Changan Automobile Co. Sony attended the event for the first time, targeting the Chinese in-car entertainment market. German makers are taking a similar approach to the Japanese. On the evening of April 22, the day before the start of the show, Volkswagen announced what it calls 'the next generation of intelligent, fully connected vehicles (ICV).' The company said on its website that, 'Auto Shanghai 2025 marks the beginning of the Volkswagen Group's largest ICV-offensive in China to date. By 2027, the Group will launch more than 20 fully electric and electrified models (NEV) as part of a comprehensive product offensive. By 2030, the Group's brands will offer around 30 all-electric models.' German auto parts, software and services provider Bosch signed a technology cooperation agreement with Chinese automotive AI and ADAS developer Horizon Robotics. Bosch also announced its first order in China for in-vehicle AI computers for vehicle cockpits. Christopher Hartung, president of Bosch Cross-Domain Computing Solutions, told the Chinese press that 'We look forward to collaborating with outstanding partners like Horizon Robotics to jointly advance the global development of intelligent driving technologies.' Like their Japanese competitors, German automakers' share of the Chinese market is now about 13%, according to MarkLines. And like the Japanese, they are seeking ways to bounce back after losing share to local automakers. As the CEO of German auto parts and systems supplier ZF put it, 'If you stop investing here, you get left behind.' The Japanese and Germans should be able to maintain a significant share of China's auto market. The same cannot be said for the Koreans (Hyundai Motor, its affiliate Kia and premium brand Galaxy), whose share has dropped below 2%. Led by General Motors (GM), the Americans have about 9% of China's market, including through their local joint ventures. Tesla accounts for only 2% of total auto sales in China and about 5% of NEV sales. Follow this writer on X: @ScottFo83517667
