Scottsdale, AZ – WEBWIRE – Wednesday, January 18, 2023
Czinger Vehicles kicks off what is sure to be an exciting year with the announcement of its alignment with Mike Ward Automotive Group. Mike Ward Automotive joins a top tier Global Dealer Network of 15 as Czingers exclusive dealer in Arizona and Colorado. The auto group has locations in Scottsdale and Denver, featuring an impressive lineup of luxury and performance vehicles. The dealer will immediately begin taking orders for Czingers revolutionary 21C.
Czinger is set to deliver its pathbreaking hypercar, the 21C, and 21C V Max, in late 2023, with an 80‑car production run. The 21C is the worlds first human‑AI designed, and 3D printed hypercar. The 21C V Max is the newest body variant of the hypercar, engineered for the ultimate combined acceleration and top speed; the extended and aerodynamic‑driven tail profile sets it apart from its high downforce counterpart. The companys 21C model is crushing track records and revolutionizing the future of automotive manufacturing with its proprietary technologies.
Dealer Principal Mike Ward explains, We first saw the Czinger 21C at The Quail event in Carmel last year. We were blown away at the level of precision and detail in their brake caliper, suspension components, and vehicle engineering. He continues, we are proud to align with a technically advanced company pushing the boundaries of what is considered the norm in the automobile industry. We are excited to be a part of the growth of this incredible company and look forward to the future models of cars created with Czingers amazing 3D printing technology.
Czinger is equally pleased with the partnership. Kevin Czinger, Founder and CEO of Czinger Vehicles, says, Mike Ward Automotive has an impressive team with remarkable knowledge and experience with performance cars. he continues, We are glad to expand Czingers global presence into Arizona and Colorado with this agreement, bringing our innovative vehicles to clients within the area. Czinger has a busy 2023 ahead, with the first deliveries of the 21C and more brand announcements in the pipeline. We welcome Mike Ward Automotive to the Czinger family.
About Czinger Vehicles
Established in 2019 by Founder and CEO Kevin Czinger and Co-founder Lukas Czinger, Los Angeles‑based Czinger Vehicles is an industry‑disrupting performance vehicles brand pioneering a new era in the automotive space by fundamentally changing the way cars will be designed and manufactured for generations to come. Built around a core ethos of utilizing revolutionary, proprietary technology to create vehicles equipped with both dominating performance and iconic design, Czinger represents a radical transformation of the manufacturing sector and the future of human‑AI design within an environmentally sustainable system. For more information, go to www.Czinger.com.
About Mike Ward Automotive
Mike Ward Automotive Group owns multiple luxury and exotic vehicle dealerships in Colorado and Arizona. For more information, please visit www.mikewardautomotive.com.
The Ministry of Road Transport and Highways has issued the Motor Vehicles Non Transport Vehicles Visiting India Rules, 2022 vide notification GSR 680(E) dated 02.09.2022. These rules formalize the movement of Non-Transport (Personal) vehicles registered in other countries when entering or plying in the territory of India.
The following documents shall be carried in the vehicle(s) operating under these rules during the duration of stay in the country, namely:–
(i) A valid registration certificate;
(ii) A valid driving license or international driving permit, whichever is applicable;
(iii) A valid insurance policy;
(iv) A valid pollution under control certificate (if applicable in the origin country);
In case the documents referred above are in a language other than English, then an authorized English translation, duly authenticated by the issuing authority, shall be carried along with the original documents.
Motor vehicles registered in any country other than India shall not be permitted to transport local passengers and goods within the territory of India.
Motor vehicles registered in any country other than India shall be required to comply with rules and regulations made under Motor Vehicles Act, 1988 of India.
Ministry of Road Transport and Highways has notified G.S.R. 889(E) dated 16th September, 2016, for use of Hydrogen as an automotive fuel in the country. The specifications for Hydrogen for Internal Combustion Engine have been specified in Annexure IV-W of the said notification. 18% blend of Hydrogen with CNG
(HCNG) has been notified by this Ministry vide G.S.R. 585(E) dated 25th September, 2020. This Ministry vide G.S.R. 579(E) dated 23rd September, 2020 has notified safety norms regarding hydrogen fuel cell vehicles and its components.
Ministry of New and Renewable Energy is implementing Renewable Energy Research and Technology Development programme to support research in various aspects of renewable energy including inter-alia hydrogen based transportation and fuel cell development. The ongoing R&D projects on hydrogen and fuel cells are as under:-
Indian Institute of Science, Bangalore has established a production plant for high purity hydrogengeneration through biomass gasification.
ARCI Centre for Fuel Cell Technologies, Chennai is setting up an integrated automated manufacturingline for producing 20 kW PEM Fuel Cell stacks.
Dayalbagh Educational Institution has developed novel materials for Hydrogen production through Photoelectrochemical splitting of water. Two patents were granted for materials developed under the projectin 2021.
National Institute of Solar Energy, Gurgaon, under the project to establish a Centre of Excellence onHydrogen Energy, have procured electrolyzer and other equipment for augmenting the Green Hydrogenproduction capacity to demonstrate various applications including hydrogen fuelled vehicles.
This information was given by Union Minister for Road Transport and Highways, Shri Nitin Gadkari in a written reply in the Rajya Sabha.
All vehicles in the country should run on 100% ethanol: Nitin Gadkari
Union Road Transport and Highways Minister inaugurates 527 km long National Highway worth Rs 4,075 crore in Ahmednagar district of Maharashtra today
Posted On:
02 OCT 2021 3:25PM by PIB Mumbai
: Ahmednagar/ Mumbai, October 2, 2021
Union Road Transport and Highway Minister Shri Nitin Gadkari inaugurated National Highway projects totalling a length of 527 km, worth Rs 4,075 crore at Ahmednagar district in Maharashtra today. Bhumipoojan and dedication of these projects to the nation was held in a programme organized at Kedgaon in Ahmednagar by the National Highways Authority of India (NHAI).
Shri Gadkari said, water, electricity, transportation and communication are important aspects for development of the country. In order to eradicate poverty, hunger and unemployment in the country as well as for the welfare of the villagers, poor, labourers and farmers, more employment should be created in these sectors, he added.
Speaking on the occasion, Shri Gadkari threw light on the importance of converting sugar into ethanol. He said that ethanol production could save the country’s fuel. There is a need to run vehicles on electricity and ethanol on the lines of Brazil, he stated. “Our country produced 4.65 billion litres of ethanol last year and we need 16.5 billion litres of ethanol. So the Central Government will take up as much ethanol as is produced,” he said. “Ethanol is a better and cheaper green fuel than petrol. All vehicles in the country should run on 100% ethanol,” stated Shri Gadkari.
“We are importing crude oil and natural gas worth Rs 12 lakh crores in our country. The Government of India has allowed ethanol pumps. So, all sugar mills should start ethanol pumps in their area”, added the Minister. He added that the country needs 240 lakh tonnes of sugar, while last year 310 lakh tonnes of sugar was produced. This additional sugar of 70 lakh tonnes should be converted into ethanol, said the Minister. He also said that the Government of India is ready to enter into an Ethanol Purchase Agreement for five years, like the power purchase agreement. “If ethanol is produced in the near future, imports will come down and farmers will earn Rs 5 lakh crore out of Rs 12 lakh crore being spent for import of crude oil. Sugarcane will fetch good prices and farmers will no longer remain poor,” he said. The Central Government has given permission to produce ethanol not only from sugarcane but also from rice, maize and other grains, informed the Minister.
The Minister also stated that the Centre is ready to set up logistics parks, industrial clusters and transport towns wherever land is provided by the state government. He said, development has taken place in Western Maharashtra due to sugar industry and milk production.
The 527 Km road developmemt projects in Ahmednagar district will be implemented through the Ministry of Road Transport and Highways, National Highways Authority of India and Public Works Department, Government of Maharashtra. These projects include: 1) Four-laning of Ahmednagar-Karmala-Tembhurni section of NH-516A at an expense of Rs 2,013 crore, Upgradation of Savali Bihar to Ahmednagar Bypass Section of NH-160 at a cost of Rs. 496 crore, Strengthening of Ahmednagar and Bhingar city portion of NH-61 (old NH-222) at a cost of Rs 35 crore, Upgradation of Adhalgaon to Jamkhed section of NH 548D at a cost of Rs. 400 crore and fourteen projects under Central Road Infrastructure Fund worth Rs 85 crore.
The digitaries present on the occasion included Member of Parliament (Rajya Sabha) Shri Sharad Pawar, MP (Shirdi Lok Sabha Constituency) Shri Sadashiv Lokhande, MP (Ahmednagar Lok Sabha Constituency) Dr. Sujay Vikhe Patil and Rural Development and Labour Minister in the Govt. of Maharashtra and Ahmednagar’s Guardian Minister Shri Hasan Mushrif among others.
https://youtu.be/vshjHr6wl0U
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CIMC Vehicles (Group) Co., Ltd. (“CIMC Vehicles” or the “Group”, stock code: 1839.HK/301039.SZ) announces that it has been officially listed on the ChiNext Board of China and achieved “A+H” dual-listing status. For its listing on the ChiNext Board, CIMC Vehicles issued approximately 253 million shares at an offer price of RMB 6.96 per share. The total funds raised reached RMB 1.758 billion. Funds raised by CIMC Vehicles will continue to be allocated in constructing the “Sophisticated Manufacturing System”, including digitalization, research and development project, “Light Tower Plants” upgrade and construction project and new sales & marketing construction project, as well as repayment of bank borrowings and replenishment of working capital.
Revenue reached a record high in 2020; Expected increase of 29.1%-44.1% for the first half of 2021
CIMC Vehicles is the industry leader in semi-trailers. According to the data of global semi-trailer manufacturers by production released by “Global Trailer” in 2020, CIMC Vehicles’ semi-trailer business ranked first in the world for eight consecutive years. In addition to the global semi-trailer business, CIMC Vehicles also engages in truck bodies for specialty vehicles as well as refrigerated truck bodies in China.
Through continuous exploration and development, CIMC Vehicles has formed an operation model based on “Intercontinental Operation, Local Manufacturing” which is in response to the current globalization conditions. Relying on its competitive advantages in China, the company actively develops intercontinental operation and acquired a number of renowned brands to create significant brand advantages across the globe.
In China, the company manages renowned brands such as “Tonghua”, “Huajun”, “SCVC SAILING”, “Ruijiang Vehicles”, “Lingyu Vehicles” and “Liangshan Dongyue” etc.; in North America, the company manages renowned brands such as “Vanguard” and “CIE”; and in Europe, the company manages long-established brands, such as “SDC” in the United Kingdom and “LAG” in Belgium.
For client resources, with years of operation and experience, the company has formed cooperation with leading transportation companies and leasing companies in Europe and the United States such as JB Hunt, Schneider, Milestone, TIP and DHL. In the business of truck bodies for specialty vehicles in China, the company has established good partnerships with major domestic heavy truck companies such as SAIC. Hongyan, Shaanxi Automobile and FAW Jiefang.
In the first quarter of 2021, CIMC Vehicles achieved a revenue of RMB6.88 billion, a year-on-year increase of 68.3%; the net profit attributable to the parent company was RMB 203 million, a year-on-year increase of 130.2%. Meanwhile, CIMC Vehicles expects that its revenue will reach RMB14.51 billion to RMB16.20 billion in the first half of 2021, a year-on-year increase of 29.1%-44.1%.
In 2020, the company’s revenue has reached a record high. As the company was still able to achieve high growth rates with such a large income base, the growth of CIMC Vehicles thus be seen.
CIMC Vehicles expects that with the widespread vaccination against COVID-19, the global economy will recover gradually. Meanwhile, the domestic market will continue to benefit from the favourable policies of the new national standard of second-generation of semi-trailers, the promotion of the “new infrastructure construction” and the rapid rise in the demand for cold chain logistics. Therefore, there is high hope on the future performance of the company.
Establishing the “Sophisticated Manufacturing System”, leading the transformation and upgrading of semi-trailers and specialty-vehicles industries
At present, as the global manufacturing industry enters a new era of transformation and upgrading as well as reconstruction, Chinese manufacturing companies are also accelerating from traditional manufacturing to sophisticated and intelligent manufacturing. According to China’s “14th Five-Year Plan” and the 2035 long-term outline, the industry needs to increase from the traditional manufacturing to mid-to-sophisticated manufacturing system and high-technology.
In the era of intellectualization, the transformation and upgrading of traditional manufacturing is a major proposition. For semi-trailer and specialty-vehicles manufacturers, CIMC Vehicles is deeply involved in the vertical field, continuously improving the automation, intelligence, and digitization of manufacturing, and using Internet of Things technology, Mobile Internet technology. Realizing the development of semi-trailer and special-purpose vehicle manufacturing toward intelligent, networked, shared, and energy-saving are the key ways of leading enterprises to maintain their competitiveness in the industry.
As an industry leader and pioneer, CIMC Vehicles has distinct advantages in R&D technology. As of the end of 2020, the company has more than 700 R&D personnel in the worldwide with more than 1,000 registered patents and participated in the formulation and modification of 22 national and industry standards for semi-trailers and special vehicles in China.
Based on forward-looking judgments on the future development, CIMC Vehicles has explored the construction of “Sophisticated Manufacturing System” since 2014. At present, the company has built 13 semi-trailer light tower plants and 6 specialty vehicle installation light tower plants at home and abroad. 2 light tower plants for truck bodies of refrigerated trucks production, and a series of “product modules” for semi-trailer products have been built.
Looking forward, the company will build a sophisticated manufacturing system, upgrade the product module, improve the light tower plants, kick off the sales and market transformation and promoting the organizational development as the four key cornerstones to enhance competitiveness as well as continue to strengthen technological investment, and allow technological innovation Become the source of technological upgrading and lead the industry to new heights.
Sophisticated Manufacturing System is the backbone of the modern industrial system and occupies an important position in the “14th Five-Year Plan”. In fact, the process of CIMC Vehicles becoming No. 1 in the world is also a historical epitome of China’s strategic transformation from a “manufacturing country of quantity ” to a ” powerful manufacturing country of quality”. In the future, CIMC Vehicles will fully utilize the A-share capital platform to lead the industry to a new horizon.
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