Business
Powering the Future: Innovations driving the Electric Vehicle revolution
New Energy Vehicles (NEV) are no longer a futuristic vision; they’re rapidly transforming the automotive landscape. This shift wouldn’t be possible without ground-breaking innovations that have addressed key challenges and made NEVs more efficient, safer, and sustainable. Leading the charge in these advancements is BYD, a company proving that electric mobility is not just feasible but the future.
Lithium Iron Phosphate (LFP) Batteries: A Safer, Longer-Lasting Power Source
One of the biggest hurdles EVs faced was battery technology. Traditional Lithium-ion (Li-ion) batteries, while effective, carried concerns about potential thermal runaway (overheating). BYD emerged as a pioneer in LFP batteries, a Li-ion variant offering several advantages. LFP batteries boast superior thermal and chemical stability, significantly reducing the risk of fire. Additionally, they offer a longer lifespan and better tolerance for extreme temperatures, making them ideal for diverse climates.
While BYD’s Blade Battery utilizes the space-saving cell-to-pack technology, the company is truly pushing boundaries with its latest innovation: Cell-to-Body (CTB) technology. This cutting-edge approach integrates the Blade Battery cells directly into the vehicle’s chassis, eliminating the need for a separate battery pack altogether. This maximizes space efficiency and contributes to the overall structural integrity of the car. The Blade Battery’s unique honeycomb structure further enhances its thermal stability and safety by preventing heat propagation in case of internal cell issues. This focus on safety is evident in the battery’s ability to withstand rigorous testing, including the Mount Everest nail penetration test where it remains stable and doesn’t emit smoke or fire. BYD’s commitment to innovation extends beyond the Blade Battery, constantly seeking advancements that redefine the boundaries of electric vehicle technology.
Plug-in Hybrid Advantage: Addressing Range Anxiety with Choice
Range anxiety, the fear of running out of power before reaching a charging station, has been a major hurdle for some considering the shift to EVs. Manufacturers like BYD have resolved this by driving tech innovations that has delivered the Blade Battery and the e-Platform 3.0 which not only enhances safety but also offers the automobiles a range of 650Kms (for the BYD SEAL) with a single charge under NEDC (New European Driving Cycle) standards.
Addressing concerns of travelling longer distances with a single charge, where sufficient chagrining infrastructure is unavailable, BYD developed the DM-i plug-in hybrid system. A development which combines the powerful electric motor with a fuel-efficient gasoline engine, offering the best of both worlds to consumers.
The electric motor prioritizes electric power for everyday commutes and errands, maximizing efficiency and minimizing emissions under the pure EV driving mode. For longer journeys, the gasoline engine seamlessly kicks in as a range extender, eliminating range anxiety and providing peace of mind under the hybrid driving mode, supporting a driving range over 1,000kms in one go with just one full charge and one tank of petrol. This intelligent hybrid approach provides a smooth transition for those considering electric vehicles, ensuring a comfortable and eco-friendly driving experience without any range anxiety.
Bi-Directional Charging: Transforming EVs into Power Sources
Imagine your EV not just taking electricity but also giving it back. That’s the power of Vehicle to Load (VtoL), a revolutionary technology championed by BYD. This allows EVs to act as mobile energy storage units, feeding power back to the grid during peak hours or powering homes and appliances during outages.
Think about a family camping trip. With VtoL technology, your EV can power essential appliances like a camp cooler or even a small projector for an outdoor movie night. The manufacturer envisions a future where EVs become active participants in a more intelligent and sustainable energy ecosystem, and VtoL is a key driver of this vision.
BYD: Leading the Charge in a Sustainable Future
BYD’s dedication to innovation goes beyond individual technologies. The company champions a holistic approach, integrating these advancements into a comprehensive EV ecosystem. BYD not only manufactures vehicles but also operates its own battery production facilities, ensuring quality control and a stable supply chain. This vertically integrated model allows the global giant to maintain cost-effectiveness and adapt rapidly to evolving technologies.
However, sustainability is not just about the technology within the car. BYD recognizes this and is a leader in utilizing renewable energy sources throughout its production processes. This commitment to minimizing its environmental footprint throughout the entire lifecycle of a vehicle further solidifies their position as a true leader in sustainable mobility.
Moreover, the manufacturer’s commitment to research and development cements its position as a leader in the EV race. Given that the electric vehicle revolution is driven by continuous innovation, BYD stands as a prime example of a company shaping the future of mobility paving the way for a cleaner, more connected world, one electric mile at a time.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”