UK based Elektromotive is making headway in the electric vehicle recharging market after appointing ThePluginCompany to install networks of charging stations across Belgium and Luxembourg.
Pilot schemes will begin almost straightaway, with 20 Elektrobay units to be installed in the country by the end of the year with further rollouts planned in 2010.
The first project starts in Brussels at the headquarters of LeasePlan, the world’s largest vehicle management and leasing provider. Installations at other LeasePlan locations will follow next year, supporting the company’s commitment to increasing the availability of both low and zero emission vehicles within its European fleet.
In addition, Elektromotive and The PluginCompany will work together to educate businesses and legislators in Belgium and Luxembourg about the benefits of zero emission motoring as well as the need for compatible recharging infrastructures. They will then detail the steps that can be taken to quickly implement the Elektrobay networks ahead of the arrival of new electric and plug-in hybrids which are scheduled to be launched over the next three years.
The first Elektrobay was introduced in Westminster, London, in 2006 and by December 2009 there will be more than 120 across the capital with a further 90 charging stations installed in cities and shopping centres around the UK. Elektromotive has also exported its technology to the Netherlands, Iceland, Saudi Arabia, Ireland, Germany and Sweden.
Source: thegreencarwebsite.co.uk/
Saturday, December 5, 2009
Pictet Luxembourg joins Calastone's network
Calastone, the independent cross-border transaction network for the mutual funds industry, said Pictet & Cie, the Luxembourg-domiciled fund provider, had signed an agreement to make its funds available via its network.
Through Calastone, providers are able to offer their open-architecture funds to a wide variety of investors irrespective of domicile or preferred messaging protocol.
Kevin Lee, managing director at Calastone, said: "Luxembourg is a key market for us. The mutual fund community has asked us to help them automate their trade, execution and settlement flow, and, by connecting to Calastone, remove the dependency on fax, now widely recognised as a legacy inefficiency."
Mr Lee said Calastone's full settlement service was "changing the mutual funds landscape", enabling all firms to benefit from straight-through processing (STP).
"It is our ultimate aim to offer the entire mutual funds industry complete front-to-back STP regardless of participants' incumbent technology or connectivity preference."
Laurent Moser, head of Pictet Funds transfer agent services at Pictet & Cie, added: "We have been impressed with Calastone’s progress in a relatively short period of time, and we are pleased to be connected."
Source: ftadviser.com/
Through Calastone, providers are able to offer their open-architecture funds to a wide variety of investors irrespective of domicile or preferred messaging protocol.
Kevin Lee, managing director at Calastone, said: "Luxembourg is a key market for us. The mutual fund community has asked us to help them automate their trade, execution and settlement flow, and, by connecting to Calastone, remove the dependency on fax, now widely recognised as a legacy inefficiency."
Mr Lee said Calastone's full settlement service was "changing the mutual funds landscape", enabling all firms to benefit from straight-through processing (STP).
"It is our ultimate aim to offer the entire mutual funds industry complete front-to-back STP regardless of participants' incumbent technology or connectivity preference."
Laurent Moser, head of Pictet Funds transfer agent services at Pictet & Cie, added: "We have been impressed with Calastone’s progress in a relatively short period of time, and we are pleased to be connected."
Source: ftadviser.com/
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