LONDON, UK 17 November 2021 – Today, PETRONAS Lubricants International Sdn. Bhd. (PLI), the global lubricants manufacturing and marketing arm of PETRONAS, introduced yet another milestone in fluid technology innovation - the next generation of PETRONAS iona Electric Vehicle (EV) Fluids solutions - at its Global Research & Technology Centre in Turin, Italy. The launch themed, Accelerating Efficiency, Revolutionising e-mobility is an on-going journey to develop the latest technologies and trends in the e-mobility space.
According to the 2021 Global EV Outlook report, the global market for all types of cars was significantly affected by the economic repercussions of the COVID-19 pandemic. While conventional and overall new car registrations fell, global electric car sales saw a 70% increase in 2020.
“We believe that e-mobility is expanding at a rapid pace. With this rapid growth, innovative solutions are key to accelerate the move towards e-mobility for a more sustainable future,” said PLI’s Managing Director and Group Chief Executive Officer, Giuseppe D’Arrigo.
First launched in 2019, PETRONAS iona aims to help accelerate the world towards a net-zero future by optimising the energy efficiency, safety and performance of electric vehicles with advanced EV fluid solutions. Since then, developments have kept pace with the changes in EV technology.
The second generation of PETRONAS iona is designed to meet the multiple requirements in the Electric Drive Unit and E-axles, including friction and wear control as well as thermal management to maximise the performance, energy efficiency and reliability of high-performance electric vehicles.
This move is in line with PLI’s commitment towards sustainability, first announced in 2018, where 75% of its Research and Technology investments are directed to reducing emissions, ultimately supporting the larger goal of achieving net zero carbon emissions by 2050.
Leading Innovation in E-Fluids Sector
Original Equipment Manufacturers (OEMs), Tier 1 suppliers and developers are looking for thought leaders and expert partners that can deliver revolutionary thinking, helping them stay one step ahead of rapidly emerging technologies, the competition and accelerate uptake of safe, energy efficient, high-performance electric vehicles.
Following the launch today, PLI is bringing industry-leading experts together to spearhead its second webinar, PETRONAS EV Fluids Webinar 2021, as part of its commitment to accelerate efficiency and to continue its collective efforts towards a sustainable future. The webinar is a spin-off of the first PETRONAS EV Fluids Symposium PLI hosted in 2019, with the aim to further continue the momentum and discussion surrounding EV fluids in the advancement of the EV industry.
The webinar covered topics ranging from Battery Electric Vehicles Innovations to Developments in Fluid Technology of e-Transmission Systems by experts within PLI as well as spokespersons from the industry.
PLI has been working with a pioneering group of partners – including Imperial College London, FEV
Group, IAV and additive companies – since 2018, to co-engineer safe, high-performing and dependable fluids specifically for electric powertrains. Its portfolio of EV fluids tailor-made for customer applications are borne from this collaborative approach.
Commenting on the webinar, Giuseppe D’Arrigo said, “The presentations at the webinar demonstrate the leaps in progress of co-engineered projects among our industry and academic partners. All the sessions are driven by one common goal – sustainability. The webinar is a testament to the steps forward we are making, entering a new leg of our journey towards advancing e-mobility for a greener and sustainable future.
“With the rise of EV sales and the creation of market opportunities in this segment, we strive to continue working together with our esteemed partners and fellow industry leaders in championing e-mobility through our differentiated Fluid Technology Solutions™. PLI is committed to applying our lubricant technology towards EV fluids and to help customers with the adoption of EV,” added Giuseppe D’Arrigo at the launch yesterday.
In the last decade, the need to prioritise sustainability has become more evident, particularly during the onset of the global pandemic. As such, the move towards e-mobility is a necessary and welcome move for businesses and sectors around the world. The development of the next generation of EV fluids is a testament to PLI’s move towards revolutionising e-mobility for a greener and more sustainable future.
ABOUT PETRONAS LUBRICANTS INTERNATIONAL
PETRONAS Lubricants International Sdn Bhd (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, the national oil corporation of Malaysia. Established in 2008, PETRONAS Lubricants International manufactures and markets a full range of high-quality automotive and industrial lubricants products in over 100 markets globally. Headquartered in Kuala Lumpur, PLI has over 30 marketing offices in 28 countries, managed through regional offices in Kuala Lumpur, Beijing, Turin, Belo Horizonte, Chicago and Durban.
Currently ranked among the top 10, PLI is driving an aggressive business growth agenda to secure its position as a leading global lubricants company at the forefront of the industry. For more information, please visit www.pli-petronas.com.