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New online platform for car insurance makes ‘shopping’ around quick and easy

The phased motor insurance de-tariffication process liberalises the fixed pricing for motor insurance that has been in place in Malaysia for over 30 years. In this new environment, the insurance industry has been gaining the flexibility to offer motor insurance coverage with new features at market-based pricing based on the risk behaviour of the policyholders.

This means, in time to come, motorists will benefit from varying coverage limits customised to match their individual risk profiles. As is the case in a number of countries around the world, credit scoring plays a part in allowing those with good credit scores to enjoy lower premiums for their car insurance.

CTOS, the well known credit reporting agency in Malaysia, aims to enter the car insurance industry by expanding its range of services to provide insurance coverage for motor vehicles. Its subsidiary company, CTOS IDS Sdn Bhd, has launched CTOS Car Insurance, an online platform for car insurance and road tax renewal.

The new service is in collaboration with PolicyStreet.com. which is operated by Polisea Sdn Bhd, an insurance technology company. CTOS Car Insurance is said to provide a fast, hassle-free opportunity to make price comparisons of policies from more than 10 insurance providers within minutes, allowing motorists to find the best deals in the market.

By comparing quotes from a large range of insurers, CTOS IDS says that motorists will be able to find savings of up to RM1,000 from their current deals.

“The strategic partnership between CTOS and an insurance technology company is the first of its kind in Malaysia. We are proud to have partnered with CTOS and believe the collaboration will pave way to more innovative, customised and inclusive insurance protection, leveraging on credit scores and big data for all Malaysians,” said Wilson Beh, Co-Founder of PolicyStreet.com.

In this new collaboration, the CTOS Car Insurance platform will offer motorists policies from leading insurance providers such as Allianz General Insurance Company (Malaysia) Berhad, Etiqa General Takaful Berhad, Zurich General Insurance Malaysia Berhad as well as other leading companies in the country.

Besides roadtax renewal, the new service also comes with further other benefits. Customers who successfully renew or purchase their insurance via the platform will be able to get a free MyCTOS Score Report to stay on top of their credit health. There will also be further discounts on car insurance quotes based on the value of premiums selected.

“A one-stop centre to get an insurance policy and road tax saves time, provides more choice, and ultimately, allows consumers to make more informed decisions. CTOS Car Insurance reflects how we are focusing our partnership efforts to offer consumers end-end digital solutions in increasingly varied industries. Also, in time, we hope to be able to offer even more value by taking into account credit scores to present consumers better prices, in line with the motor insurance de-tariffication process started by Bank Negara in 2016,” said Eric Hamburger, Group CEO of CTOS Digital Berhad, the parent company of CTOS IDS.

MIB (not Men in Black) can provide compensation when you get hit by an uninsured vehicle

Porsche 718 Cayman GT4 ePerformance testing Mission R’s advanced EV technology

At the 2021 IAA Mobility event in Germany last year, Porsche displayed a conceptual study that was the vision of a fully-electric GT racing car. Called the Mission R, it was intended to show a possible model for customer motorsport in the future.

The sportscar maker has now begun testing the technology components of the Mission R with the 718 Cayman GT4 ePerformance as a test vehicle. Like the Mission R, the all-wheel drive racer uses the chassis of the 718 Cayman GT4 Clubsport with the entire electric motor and battery technology from the IAA conceptual study.

The powertrain has a maximum output of 735 kW (1,000 ps) and can generate still more. In simulated racing, a steady 450 kW (612 ps) is available for 30 minutes – equivalent to the duration of a Carrera Cup race. In terms of lap times and top speed, the 718 Cayman GT4 ePerformance is on par with the performance of the current 992-generation 911 GT3 Cup.

“With the Mission R, we’ve shown how Porsche envisages sustainable customer motor racing in the future. The 718 Cayman GT4 ePerformance now demonstrates that this vision works impressively on the racetrack,” revealed Matthias Scholz, GT racing vehicle project manager. “We’re very excited about the response because a one-make cup with electric racing cars would be an important addition to our existing customer racing programme.”

By 2030, Porsche aims to be CO₂ neutral across the entire value chain and lifecycle of its new cars sold. By then, the proportion of all new vehicles featuring all-electric drive should be more than 80%. This development is there important in the light of moving towards greater electrification.

The fully-electric drivetrain has electric motors on front and rear axles for all-wheel drive. The direct oil cooling of the e-motors and battery pack developed by Porsche counteracts thermally induced derating.

“The integration of oil cooling has significantly impacted the vehicle concept,” explained Bjorn Forster, GT4 ePerformance project manager. “With experts in the fields of aerodynamics and thermodynamics as well as high-voltage and bodywork specialists, the development team created an architecture to tap the full potential of the battery cells for the first time, since there is no thermal derating. In this way, the power output in racing mode remains constant for half an hour.”

*Mission R drivetrain has e-motors on front and rear axles for all-wheel drive.*

Thanks to 900-volt technology, the state of charge of the battery at full charging capacity jumps from 5% to 80% in about 15 minutes. This is important in future races which may have long durations.

Under the direction of designer Grant Larson, a team from Porsche Style came up with the shape of the 718 Cayman GT4 ePerformance. The racing car is 14 cm wider than a 718 Cayman GT4 Clubsport. About 6,000 parts were designed from scratch and the body is made of natural fibre composite materials. The production is intended to generate fewer emissions than the production of comparable synthetic materials. Recycled carbonfibres are also used for testing purposes.

Compared to the 718 Cayman GT4 Clubsport, the flared fenders allow more room for the wider 18-inch racing tyres from Michelin. Renewable materials make up a particularly high proportion of the tyres.

The GT4 ePerformance Tour
The 718 Cayman GT4 ePerformance will make a dynamic debut at the Goodwood Festival of Speed next month. At the famous motorsport festival in southern England, the concept racing car will take part in the traditional 1.9-km hillclimb event.

Its second outing will be in August at the Porsche factory in Leipzig on the occasion of the factory’s 20th anniversary. The facility boasts a 3.7-km circuit with sections reproducing world-famous racetracks.

The two 718 Cayman GT4 ePerformance demo vehicles will travel through various European countries before heading to North America in early 2023. The world tour concludes in the Asia-Pacific region where it will tour until mid-2024. It’s almost a certainty we will see it at the Sepang International Circuit which is frequently used by Porsche for events.

“The 718 Cayman GT4 ePerformance blazes a trail to Porsche customer racing with electrically-powered racing cars. As a first step, we will unveil this concept to our global partners,” says Oliver Schwab, Project Manager Sales of the 718 Cayman GT4 ePerformance. “With drivers, teams, organisers, authorities and other interested parties, we’re also gathering ideas for Porsche racing formats in the future.”

Porsche Mission R concept sportscar cockpit can also be a standalone simulator

BMW Group Malaysia looking for oldest M models in Malaysia for 50th anniversary

This year is a special year for BMW M GmbH, the high-performance and motorsports division of BMW. It was in 50 years ago, in May 1972, that the small business unit with 35 employees was created and initially known as BMW Motorsport GmbH. It was only in 1993 that the present name was established, by which time its role was a fundamental part of the BMW Group, broadening its scope to more than just competition cars. It exemplified the engineers’ expertise in combining authentic motorsport functionality with exclusive and sporty aesthetics, while producing its own memorable models.

Commemorating the golden anniversary of BMW M GmbH which takes place next Tuesday (May 24), BMW Group Malaysia is now searching for the oldest BMW M model in the country, preferably with every model series represented. If you own or know who had of the oldest BMW M in the country, let BMW Malaysia know at this link.

Winners will stand a chance to receive exclusive BMW M merchandise and a feature of their prized vehicle by BMW Group Malaysia. One winner will be selected for every BMW M model series, with special prizes for notable submissions as well. While the celebration takes place next Tuesday, submissions will be accepted up till June 8, 2022.

“At the BMW Group, M remains the most powerful letter in the world, as it represents our high-performance vehicles born out of pure passion for motorsports. This fascination for power, speed and dynamics has put M on the map since 1972. Fifty years on, we are thrilled to be celebrating the legacy of the BMW Motorsport GmbH with a great community of owners and enthusiasts alike. This milestone is not one we could have achieved without their loyal support throughout these years,” said Hans de Visser, Managing Director of BMW Group Malaysia.

Over the past 50 years, BMW M has given the motoring world many iconic performance cars – models like the legendary M1, M3, M5 and M635CSi. The M1 was the first-ever official M car, making its debut in 1978. Only 456 units were produced with pure racing technology that continues to be admired to this day.

The M635CSi is one of the most significant models in the history of BMW M. In 1984, the 4-seater continued the concept of high-performance 6-cylinder in-line engines that the M1 had established earlier. But like no other BMW M model before it, it embodied the ultimate symbiosis of luxury and high performance. Dubbing it ‘Sharknose’ and ‘Bayern-Express’, the first ‘Six’ had a production period of over 13 years – from 1976 to 1989 – making it BMW’s longest lasting series.

Although BMW M focused almost exclusively on the construction of performance and racing cars, many BMW enthusiasts were also looking for the BMW M power and badging on road cars. The M5, which premiered in 1985, offered high performance with elegance in its segment.

It was followed by the M3, launched in 1986, which quickly became one of the most iconic BMW M vehicles in the line-up for its numerous championship victories in touring car racing, while also performing impressive on the road.

BMW M has followed market trends and as even enthusiasts came to appreciate SUVs, it developed the X5 M and X6 M, the first M models with 4-wheel drive and turbocharged engines. Today, the BMW X family members with M badges include the X3 M Competition and X4 M Competition.

And now, with electrification underway, the company is also responding accordingly with the debut of its first fully electric model in this anniversary year. For a company like BMW M, which has built up a reputation producing cars with superlative performance means that the same kind of performance is expected even with electric models. This is promised with new iX M60, which has a powertrain output of 455 kW/619 ps and up to 1.015 Nm of torque. And while it is claimed to be able to go from 0 to 100 km/h in 3.8 seconds, it will also be able to travel up to 566 kms, factory tests have shown.

Toyo Tires noair tyres now in 6th generation of development

Ever since the pneumatic tyre was invented by J.B. Dunlop in 1887 (although Robert Thomson had actually patented the concept in 1845), punctures leading to air leaking out have been the one thing that motorists have had to live with. While there are solid tyres as well, these are hard and uncomfortable and don’t grip well.

Thus the pneumatic tyre filled with air has been used for decades and various approaches have been taken to overcome the problem of punctures. Run-flat tyres are one of them, allowing the car to continue being driven for some distance instead of changing the wheel with the spare. In some cars, the spare tyre is not provided to save weight and space, and a repair kit is provided instead.

Researchers at tyre companies have also been working on ‘airless’ tyres – not solid tyres but having a radical new construction that can offer the comfort and grip of pneumatic tyres but has no air to leak when punctured. Over the past 15 years, a few tyremakers have been developing such tyres, with Michelin and Toyo Tires having reached a stage where commercialisation is possible very soon.

Toyo Tires has been working on airless tires since 2006 and in September 2017, the company was the first in the industry to present a non-pneumatic tyre that could be used on passenger cars and driven at high speeds. The tyre was known, quite appropriately, as ‘no air’.

Tyres for EVs and autonomous vehicles
Toyo Tires’ development of noair is to prepare for the coming era of electric vehicles (EVs) and autonomous motoring. When EVs become widespread, many owners will not visit petrol stations as frequently as they do now to buy fuel. Therefore, the long practice of checking and inflating tyres correctly may no longer apply. Thus a tyre which does not need such checks would be useful.

Using proprietary technology, the noair tyre is said to have lower rolling resistance compared to conventional tyres. Adoption of tread rubber developed through Nano Balance Technology also promotes fuel efficiency while improving braking performance on wet roads.

X-shaped spoke configuration
In order to have a tyre that can support itself without air, Toyo Tires engineers developed an X-shaped spoke configuration. These spokes, made of a special resin, are alternately crossed over the width of the tyre from inside to the outside and vice-versa to create the X-shaped configuration. An additional benefit of this configuration is durability.

Additionally, the number of spokes has been increased to 100 pitches which reduces the load on each spoke and achieves a quieter ride. The external diameter resin ring is reinforced with carbonfibre reinforced plastic (CFRP) which serves to reduce the load imposed on the spokes.

Now in 6th generation of development
The noair tyre has now reached its sixth generation of development where the spokes are now 10 times more durable than at the beginning. Durability has also increased by 40% and Toyo Tires states that the performance is now as good as conventional tyres. However, like other new technologies, the cost to make a noair tyre is still high and the company is working on bringing this cost down.

Meanwhile Michelin says that it will be able to offer its airless tyre called UPTIS (for Unique Puncture-proof Tyre System) by 2024. It is likely that the first car to run on airless tyres will be GM, which the tyremaker is now running a real-world testing program with. The data collected by engineers during testing will enable them to perfect the prototype in preparation for its market launch.

*Michelin’s UPTIS airless tyre undergoing tests.*

Run-flat tyres – an example of technology transfer from motorsports

Mercedes-EQ team moves to top position in Formula E championship after Berlin round

It may be the final year for the Mercedes-EQ team in Formula E (after which they will be taken over by McLaren Racing) but there’s just as much determination to retain their championship title one more time. This was shown by the double podium finish in the Berlin E-Prix held at the Tempelhof Airport grounds, with Nyck de Vries delivering a supremely controlled drive to win the race.

Reigning champion de Vries powered to victory at the same venue where he had claimed his title for the previous season, with ROKiT Venturi Racing’s Edoardo Mortara following 2.5s back. Chasing Mortara across the finish line was de Vries’ team mate, Stoffel Vandoorne. Incidentally, the ROKIT car also used a powertrain similar to that of the two Mercedes-EQ Silver Arrow 02 cars.

Robin Frijns (Envision Racing) wound up a battling fifth after a race-long back-and-forth between the Dutchman, António Felix da Costa (DS TECHEETAH), who finished in sixth and a gaggle of cars behind all fighting to maximise their points haul as Season 8 passed its half-way stage.

Oliver Rowland (Mahindra Racing) made good progress from 10th at the outset to an eventual seventh – the Yorkshireman running as high as fifth at one stage. TAG Heuer Porsche Formula E Team’s Andre Lotterer took the chequered flag in eighth position, not quite able to capitalise on practice and qualifying pace. Jean-Eric Vergne crossed the line in ninth, just ahead of fellow title challenger Mitch Evans (Jaguar TCS Racing) who took the final point in 10th.

De Vries had set the second-fastest time in his qualifying group and went through to the semi-finals in the knock-out stages but was eliminated by Mortara and qualified third on the grid as a result. But he was still able to make a quick start, taking the lead going into the first corner from third on the grid. He then activated Attack Mode at an early stage in the race, which temporarily dropped him back down the field to P3. He was subsequently able to quickly fight his way back up into P1 which is where he stayed until the finish line.

The win for de Vries is his fourth Formula E win and his second of the season. In his 34th E-Prix start, he also notched up more than 200 points in total in the all-electric racing series. For the Mercedes-EQ Formula E Team, this was their seventh victory in Formula E and third of the season.

After the eighth race of the season, the Mercedes-EQ Formula E Team leads the Team Championship with 176 points, 28 points ahead of Venturi Racing. For the Drivers Championship Vandoorne is now on top with 111 points, as Mortara has moved into second with an increase to 99 points, while Vergne is third, 4 points back.

The next round of the 2022 Formula E championship will be held in Jakarta on June 4. It will be the first time that the event is being held in Indonesia. Malaysia also hosted one round (at Putrajaya) in the first and second seasons.

Porsche Taycan plays important role in Formula E as Official Safety Car

McLaren Racing to take over Mercedes-EQ Formula E Team for 2023 entry

As reported last year, McLaren Racing will join Formula E and Extreme E, the two series which run all-electric racing cars. The team for Extreme E has already started competing in the second season which started earlier this year, and next year, McLaren Racing will enter the ABB FIA Formula E World Championship in its ninth season.

Acquiring championship-winning team
The McLaren Formula E Team will be formed through the acquisition of the Mercedes-EQ Formula E Team, expected to complete later this year, following agreement between McLaren Racing and Mercedes-Benz. The Mercedes-EQ Formula E Team won last year’s championship and will exit at the end of this season.

Ian James, Team Principal of the Mercedes-EQ Formula E Team, will continue to lead the team, enabling a smooth transition as the team prepares to join the series which will be using the new Gen3 cars.

*McLaren Racing will have a ‘ready-to-race’ team when it takes over the Mercedes-EQ Formula E Team which is in its final season this year. The German team won Season 7 of championship last year.*

McLaren Racing’s participation is said to be squarely aimed at accelerating the organisation’s understanding of EV technology as part of their sustainability journey while reaching a new, more diverse global audience.

More manufacturers joining Formula E
McLaren will join the growing number of car manufacturers such as Porsche, Jaguar, Maserati, Nissan and DS in the series which continues to become more popular. However, it is not the first involvement by the organisation as McLaren Applied (a subsidiary) has been Formula E’s exclusive Gen2 battery supplier under a 4-season contract.

“McLaren Racing always seeks to compete against the best and on the leading edge of technology, providing our fans, partners and people with new ways to be excited, entertained and inspired,” said Zak Brown, McLaren Racing CEO. “Formula E, like all our racing series, fulfils all those criteria. As with all forms of the sport we participate in, Formula E has racing at the centre but will be strategically, commercially and technically additive to McLaren Racing overall.”

“I firmly believe that Formula E will give McLaren Racing a competitive advantage through greater understanding of EV racing, while providing a point of difference to our fans, partners and people, and continuing to drive us along our sustainability pathway,” he added.

McLaren is among the great names in motorsport, collecting 20 Formula 1 World Championship titles and more than 180 Grand Prix wins since the team was founded by Bruce McLaren in 1963. In addition to Formula 1 racing, it has three Indianapolis 500 victories and won the Le Mans 24 Hours at the first attempt.

*McLaren Racing has been taking part in Formula 1 since 1966 and this year, it also entered the Extreme E all-electric off-road series (below).*

In Formula 1, it was also the first team to be awarded FIA Three-Star Accreditation for sustainability and is a signatory to the UNFCCC Sport for Climate Action framework established to drive the climate agenda in the sports industry.

For Formula E Founder and Chairman, Alejandro Agag, McLaren’s arrival is the culmination of a long-term objective, and the beginning of an exciting new chapter. “I wanted McLaren to be part of the ABB FIA Formula E World Championship since Season 1, and I’m delighted we finally made it happen. But it is so much more than just deciding to go racing. Being part of Formula E signals a strategic investment in the future of electric vehicle development. I welcome Zak’s belief that Formula E provides a cutting-edge environment for a proven innovator like McLaren to accelerate their EV experience and performance,” he said.

New generation of electric racing cars
The Gen3 racing cars will be used from the 2022/23 season, bringing performance and efficiency advances including more powerful, lighter cars and faster charging as well as a set of technical and financial controls aimed at reinforcing the business case for Formula E’s ecosystem of teams and manufacturers.

With more automotive manufacturers on the grid than any other motorsport, the ABB FIA Formula E World Championship is not only one of the most compelling racing series on the planet but also an unparalleled proving ground for race-to-road electric vehicle and sustainable mobility technologies.

McLaren Racing reveals 2022 F1 car as well as Extreme E and IndyCar challengers

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Latest News

New online platform for car insurance makes ‘shopping’ around quick and easy

Porsche 718 Cayman GT4 ePerformance testing Mission R’s advanced EV technology

BMW Group Malaysia looking for oldest M models in Malaysia for 50th anniversary

Toyo Tires noair tyres now in 6th generation of development

Mercedes-EQ team moves to top position in Formula E championship after Berlin round

McLaren Racing to take over Mercedes-EQ Formula E Team for 2023 entry

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