PETRONAS VENTURES INTO E-MOBILITY WITH THE LAUNCH OF PETRONAS IONA AT THE GENEVA MOTOR SHOW 2019

Geneva, Switzerland, 5 March 2019 – PETRONAS Lubricants International (PLI) announced its entry into the electric vehicle (EV) market with PETRONAS iona range of e-fluids for passenger cars as part of the company’s pledge to address the climate challenge and lower CO2 emissions with its fluid technology. 
Launched at the Geneva International Motor Show 2019 here, PETRONAS iona is PETRONAS Lubricants International’s response to the ever-changing trends in mobility. 
In addition, an industry-wide study will also be commissioned to identify the challenges and future opportunities surrounding fluid technology and innovation towards advancing electric vehicle performance. The findings will be shared with key partners at an EV Fluid Symposium hosted by PLI later in 2019. 
“The world we live in today is placing more and more emphasis on environmental responsibility and at PETRONAS, so are we. In the automotive sector, OEMs now have to adhere to increasing regulations on carbon emissions reduction. At PETRONAS, we are prepared and constantly evolving our Fluid Technology SolutionsTM to meet the challenges of the future together with our partners. The global shift towards cleaner energy is an opportunity for us to work collaboratively to reduce CO2 emissions with fluid solutions that are accessible to all,” said PETRONAS Lubricants International Managing Director and Group Chief Executive Officer, Giuseppe D’Arrigo.
Challenging the status quo, PETRONAS iona delivers optimised performance and component durability for electric vehicles. The range of fluids comprises PETRONAS iona Thermal battery fluid for optimised and efficient delivery of electrical energy; PETRONAS iona Integra for friction management of the integrated driveline system; and PETRONAS iona Glide next-generation bearing greases for a quieter ride and longer lasting performance and durability. 
Last year, PLI pledged 75% of its research and technology (R&T) investment towards innovations that help reduce CO2 emissions. At the Geneva Motor Show, the company presented its active commitment towards this goal with several new initiatives such as the new and improved range of PETRONAS Syntium with CoolTechTM that now includes a first offering specifically for hybrid vehicles; a new range of driveline functional fluids under the PETRONAS Tutela brand;  as well as ETRO+, a unique group III+ base oil that enables sustainable mobility and a cleaner future for everyone was also presented. 
The introduction of PETRONAS iona and PLI’s ambitious stance on fluid solutions for EV, goes one step further in turning their pledge into reality. Together, these form a leading range of end-to-end solutions towards sustainable transportation for the future.
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About PETRONAS Lubricants InternationalPETRONAS Lubricants International (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 90 markets globally. Headquartered in Kuala Lumpur, PLI has over 30 marketing offices in 26 countries, managed through regional offices in Kuala Lumpur, Turin, Belo Horizonte, Chicago and Durban.
Currently ranked among the world’s Top 10, PLI is driving an aggressive business growth agenda to secure its position as a leading global lubricants company.

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