While demand for cars has plummeted due to the COVID-19 pandemic, the automotive market has seen a steady increase in sales of electric vehicles (EVs), battery EVs, and plug-in hybrid EVs, said Petronas Lubricants Internationals (PLI). The global lubricants manufacturing and marketing arm of Petronas said the trend towards electrification of goods and transport seemed set to gain increasing significance. PLI managing director/group chief executive officer Giuseppe D’Arrigo said the pandemic has altered economies and businesses worldwide, rendering operations under the new environment tough. “While change can be a challenge, we at PLI believe in our commitment and see these challenges as an opportunity to continue driving new solutions and pushing boundaries. Innovation of our products is driven by one common denominator – sustainability, and this pushes us to continue leveraging our differentiated fluid technology solutions to grow the e-mobility sector for a cleaner and sustainable future,” he said in a statement today. D’Arrigo added that the oil and gas industry recognised the urgent need to answer the call for climate action and progress by leveraging technology for the advancement of e-mobility.

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