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Powering the Future: Innovations driving the Electric Vehicle revolution

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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.



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Cabinet approves submission of the Annual Economic Analysis of the Central Bank of Sri Lanka for the year 2024 to the Parliament

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The Cabinet of Ministers has approved the proposal forwarded by the President in his office as the Minister of Finance, Planning and Economic Development to submit the Report on the Annual Economic Analysis of the Central Bank of Sri Lanka for the year 2024 to the Parliament.

As per section 80 (3) of the Central Bank of Sri Lanka Act No. 16 of 2023, the Minister in – charge of the subject of Finance shall submit a report on the economic situation which prevailed within the particular financial year, within four months after completion of each financial year. Accordingly, the report in relation to the financial review of the Central Bank of Sri Lanka for the year 2024 has been submitted to the President. The report has envisaged macro economic trends of Sri Lanka, situation of the financial system, as well as the major developments and a review of the policies of Central Bank of Sri Lanka.

[DGI]

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Gigalingua Lanka opens its doors to new opportunities for Sri Lankan nurses in Germany

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Dignitaries gracing the launch of Gigalingua Lanka.

Gigalingua Lanka, a premier German language institute, officially launched in Colombo with a ribbon-cutting ceremony attended by distinguished guests, including Dr. Felix Neumann, German ambassador to Sri Lanka. This marks a significant milestone for Sri Lankan professionals, especially nurses, looking to expand their careers in Germany’s thriving healthcare sector.

In collaboration with its strategic partner Global Care Solutions (Pvt) Ltd – a renowned company in the foreign recruitment industry – Gigalingua Lanka offers a unique pathway for Sri Lankan nurses and apprentices to master the German language and pursue rewarding career opportunities in Germany.

Dr. Felix Neumann, the Chief Guest at the event, expressed his support for the initiative, emphasizing the importance of language education as a bridge to global career prospects. In his speech, Dr. Neumann noted, “German language is not only a means of communication, it is a gateway to global career opportunities.” He commended Gigalingua Lanka for providing valuable opportunities for Sri Lankans and addressing the critical demand for skilled workers, especially in the nursing sector in Germany.

Gigalingua Lanka is the first private institute in Sri Lanka to offer comprehensive German language training up to the B2 level, and conduct TELC exam. The institution also provides language training for apprentices, allowing them to undertake the Apprenticeship Program and contribute to the growing labor market in Germany. The collaboration between Gigalingua Lanka and Global Care Solutions is designed to meet Germany’s growing need for skilled workers, particularly in the healthcare sector.

The event was attended by a number of prominent figures, including Dr. Felix Neumann , Arthur Senanayake (chairman of IWS Holdings), Eran Wickramaratne – former MP, Chandra Schaffter – ( Founder of Janashakthi Insurance ), Dhammika Attygalle (Director Upali Group of Companies and President Automobile Association of Ceylon) Former Wing Commander Buwaneka Abeysuriya (Ex- chairman Janatha Estates Development Board).

Chairman of Global Care Solutions, Thomas Michael Kriwat, who is also chairman of the Mercmarine Group of Companies in Germany, highlighted the significance of the new training center. He said, “We are bringing world-class German occupational language training to Colombo, offering a structured, career-focused pathway for Sri Lankan professionals. By introducing TELC (The European Language Certificates) as an officially certified German language test authority, we are increasing accessibility for students seeking internationally recognized qualifications.”

At the thanksgiving speech, Dr. Rajan Sara, Managing Director of Global Care Solutions and Director of Gigalingua Lanka, outlined the critical need for foreign nurses in Germany. “Germany is facing a significant shortage of nurses, estimated to need an additional 150,000 by 2025. This is exacerbated by an aging population and increasing healthcare demands. Over 47,000 vacancies in the healthcare sector remain unfilled, making it an ideal time for Sri Lankan nurses to seize this opportunity,” Dr. Sara explained. (Gigalingua Lanka)

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Browns unveils new expansion strategy

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Sanakan Thamotharampillai, Director/CEO Brown & Company PLC addresses the gathering.

In keeping with its vision to consistently evolve and address accelerated business growth needs, Brown & Company PLC recently unveiled its new state-of-the-art manufacturing and warehouse facility in Katunayake. Strategically located within minutes of the Bandaranaike International Airport and the nation’s rapidly evolving highway network, the space is positioned to significantly enhance Browns’ logistical capabilities. The hub will enable seamless access to key markets across the island, further solidifying the Company’s principal role in a cross-section of industries.

The inaugural event of the Browns Group Industrial Park was attended by Ishara Nanayakkara, Chairman, Brown & Company PLC and Deputy Chairman, LOLC Holdings PLC and Kapila Jayawardene, Group Managing Director/CEO, LOLC Holdings PLC along with key officials from the Browns and LOLC Group.

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