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Global rollout of electric vehicles depends on creating right framework for investment, says Arcadis

LONDON, Sept. 22, 2022 /PRNewswire/ —  Arcadis, in partnership with the World Business Council for Sustainable Development (WBCSD), has released its Global Charging Infrastructure Market Report. Featuring 21 regions around the world, the report analyzes five parameters to determine how well prepared regions are when it comes to investing in infrastructure to transition to Electric Vehicles (EVs).

The Netherlands consistently emerges top, alongside the UK and California. Sharing well defined strategies for EV infrastructure roll-out, as well as strong tax incentives and a growing volume of public charge points, these frontrunners are setting the tone for mass EV adoption.

As the global EV market evolves, countries need to ramp up investment in charging infrastructure to successfully transition to zero emission vehicles. In the report, 23 metrics across five parameters have been identified as most influential for measuring investment readiness. They have been used to determine what regions are doing well and where they could improve.

The parameters are:

1.  Government leadership and incentives

Policy changes and stricter environmental regulations are some of the strongest catalysts for global EV transition.

Hong Kong leads the way, offering tax exemptions, an existing ban on ICE vehicles and penalty charges if driving in low emission zones without meeting required standards. It also has a clear net zero declaration and government budget for charging infrastructure incentives higher than 0.08% of GDP. 

2.  EV market maturity and readiness

A region needs to have a mature EV market to support viable investment in charging infrastructure. A mature market is characterized by vehicle affordability, availability of vehicles and ramped-up production capabilities.

Europe leads the way, particularly Norway and the Netherlands. In contrast, many South American countries have room for improvement, such as Argentina, Chile and Mexico, which have less than 2% market share of EVs currently.

3.  Returns potential

Utilization is key to stable returns, and it is important to get the balance right between too much infrastructure and low utilization, and under provided infrastructure versus too high utilization, creating “queues at the plug”. Returns potential is also affected by electricity and fossil fuel prices.  

Of the regions measured, China is strongest. Europe also performs well, particularly Spain, Norway and the Netherlands.

4.  Charging infrastructure

Availability and accessibility of charge points is a major factor in the transition to EVs. This means access to reliable charging at departure (street, garage or driveway), on the road, and the destination.

The Netherlands leads the way, but New York and California also do well. Although the number of charge points are relatively low, both US states will benefit from a clear national strategy, and have reliable power networks. However, New York would benefit from increasing it’s ratio of public charge points, which is currently forecast to be more than 16 vehicles per charge point, compared with California’s ratio of 6-10 cars per point.

5.  Ease of doing business

Strong government leadership allied with a robust legal system and regulatory policies, along with strong GDP per capita, demonstrates potential and attractiveness to invest in a  growing EV market.

The Netherlands, US and Singapore all top the table here.

Simon Swan, Global New Mobility Solutions Director at Arcadis, said:

“The Electric Vehicle market is moving quickly, with new charging hubs and technologies becoming available all the time. Accelerating this transition is critical for cutting emissions and limiting the impact of climate change. Widespread EV adoption is key, and even in slower to develop markets, there is progress. This index is a snapshot in time, and regions will improve as they adopt new government incentives, increase their charging infrastructure or as the EV market matures. With clear leadership and the right policies, electric vehicles can play a crucial role in tackling the climate crisis.”

The Global Charging Infrastructure Market Report is an expansion of Arcadis’s 2021 Global EV Catalyst Index. The updated report features additional regions, including Norway, Turkey, Hong Kong and South America, and expanded metrics, with the inclusion of ‘ease of doing business’ and ‘returns potential’ categories.

The  regions measured are: Netherlands, UK, Germany, Norway, France, Ireland, Italy, Spain, Turkey, Canada, California, New York, China, Hong Kong, Singapore, Australia, Thailand, Chile, Brazil, Mexico, and Argentina. 

Download the report here.

ABOUT ARCADIS

Arcadis is the leading global design & consultancy organization for natural and built assets. We maximize impact for our clients and the communities they serve by providing effective solutions through sustainable outcomes, focus and scale, and digitalization. We are 29,000 people, active in over 70 countries that generate €3.4 billion in revenues. We support UN-Habitat with knowledge and expertise to improve quality of life in cities around the world. www.arcadis.com

View original content:https://www.prnewswire.co.uk/news-releases/global-rollout-of-electric-vehicles-depends-on-creating-right-framework-for-investment-says-arcadis-301631116.html



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Press Release

DXC Technology Calls for Latest Innovations from Insurance Startups and Scaleups across Asia Pacific through the DXC Invitational

Winning entries from the annual insurtech competition will help address key challenges in the insurance industry

SYDNEY, Oct. 4, 2022 /CNW/ – DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced the launch of the DXC Invitational across Asia Pacific as part of its global insurtech competition, aimed at bringing the latest innovations to the insurance industry.

The DXC Invitational, established three years ago in Australia encourages late-stage startups and scaleups with existing, market-ready products or solutions relevant to the insurance industry to enter the competition.

In particular, DXC is keen to discover solutions that improve customer experience, increase efficiencies and support compliance across the distribution value chain and lifecycle of a policy, including prevention and claims management.

While not a pre-requisite, DXC is also seeking solutions that can integrate with DXC Assure, its integrated software solution that helps insurers enable a digital customer experience, and can accelerate the consumption of technology and new data sources to support the latest insurance products.

“Realizing the power of outside-in innovation, DXC launched the DXC Invitational to yield joint solutions by bringing out the best in some of the industry’s top talent in the startup community. The competition has been a stepping stone for insurtechs, with a number of them going on to collaborate with DXC and gaining access to new markets and resources across the globe,” said Michael Neary Regional General Manager, Insurance, Asia Pacific at DXC Technology.

In partnership with Insurtech Australia, a national, not-for-profit organisation fostering collaboration with industry, partners and insurtech in Australia, this is the first time DXC will be extending the competition across the Asia Pacific region, welcoming entries from Singapore, Malaysia, Thailand, Philippines, Indonesia, Vietnam, Greater China, India and Japan, in addition to Australia and New Zealand.

“Insurtech Australia is delighted to collaborate with DXC for another year to bring innovation to the insurance industry. I am excited that this year, the competition will be expanding across the Asia Pacific region. This initiative demonstrates that DXC is committed to supporting both the insurance industry and insurtech community, to hopefully help change the way in which customers are serviced and the landscape of insurance into the future,” said Insurtech Australia CEO, Simone Dossetor.

Another unique aspect of this year’s program is our collaboration with UTS Startups, an initiative by one of Australia’s leading universities to inspire and develop the skills, knowledge and confidence amongst students to be entrepreneurs and support them at scale. UTS has a significant portfolio of startups that have the ability to bring innovation to the industry and will be encouraging its ecosystem to apply for this competition.

“DXC has a wonderful track record of helping startups grow and find their customers, and I couldn’t be more excited to be working with them on this wonderful opportunity for startups in the insurance industry said Murray Hurps, Director of Entrepreneurship, UTS.

UTS Startups will also help DXC bring the pitch sessions to life via a virtual stream across Asia Pacific for the industry to see the latest innovations in insurance. “The insurance industry is undergoing a state of transformation with insurers looking for innovative solutions to improve overall customer experience and engagement. It is important we maintain the momentum this program has created as it provides us with an opportunity to take fresh ideas to our customers. Every entry in the DXC Invitational competition demonstrates the potential innovation that can be achieved in the insurance sector,” added Neary.

Since the competition was launched, DXC has collaborated with Australian insurtech firms, including 1Wordflow, Mapcite, Daisee, Guroos and Springday.

DXC Invitational applicants can enter their submissions in one of two categories:

  • Category 1: The Digital Insurance Ecosystem
  • Category 2: Enriching the Insurance Experience

Applicants will have the opportunity to participate in workshops consisting of technical tutorials, business guidance and sales coaching led by DXC. This will assist in preparation for the final presentation and demonstration of the applicant’s working solution to the judging panel.

The judging panel, composed of clients, industry experts and DXC’s leadership team, will select a winner from each category. Each winning team will receive an invitation to partner with DXC globally, gain access to DXC’s customers and deploy their solution across regions.

Applications for DXC Invitational must be submitted online; and winners will be announced on 20 October 2022.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernising IT, optimising data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organisations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com..

About Insurtech Australia

Insurtech Australia is a national, not-for-profit organisation, run for the benefit of our members and partners across all corners of Australia. We are all about supporting and growing the Australian Insurtech community including Insurtech startups, Insurers, Hubs, Accelerators, Investors and advocating on behalf of our members and partners. Insurtech Australia aspires to make Australia one of the world’s leading markets for Insurtech and insurance innovation. We do this by collaborating with insurers, startups, regulators and investors to create the best possible regulatory environment, and by fostering an ecosystem of supportive partners and networks so Insurtech can thrive and grow in Australia.

About UTS Startups

UTS Startups is the home of entrepreneurship at UTS. We inspire students to be entrepreneurs and support them at scale. Develop the skills, knowledge and confidence that you need to explore entrepreneurship in your career

Logo – https://mma.prnewswire.com/media/1912224/DXC_Technology_Company_DXC_Technology_Calls_for_Latest_Innovatio.jpg 

Contact: Sheila Dhillon, director, Corporate Communications, DXC Technology – sdhillon@dxc.com

 



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Education Cannot Wait Announces US$11.8 Million Catalytic Grant in Haiti

Implemented by UNICEF and WFP in partnership with the Government of Haiti, new grant seeks to catalyze US$16.7 million in additional funding to reach 45,000 children

NEW YORK, Oct. 3, 2022 /PRNewswire/ — In response to the evolving humanitarian crisis in Haiti, Education Cannot Wait (ECW) announced today a US$11.8 million Multi-Year Resilience Programme that seeks to mobilize an additional $16.2 million to reach more than 45,000 children with holistic educational supports.

The three-year programme will be delivered by UNICEF and the World Food Programme (WFP) in coordination with the Government of Haiti and local partners. The seed-funding investment builds on ECW’s US$1.5 million First Emergency Response, bringing total investments in Haiti to US$13.3 million to date.

Haiti has suffered multiple crises over the years affecting access to a continued and inclusive quality education. We cannot stand by. This is our investment to empower them to rebuild their lives and Haiti,” said Yasmine Sherif, Director of Education Cannot Wait, the United Nations global fund for education in emergencies and protracted crises.  

While 7 out of 10 Haitians are able to go to primary school, just 60% have access to preschool and only 15% are able to go on to secondary education. Most of the country’s schools are private, making it even more difficult for poor or displaced families to access learning opportunities for their children. Over half of the country’s schools do not have water or toilets and 75% have no electricity.

“This programme supports the Ministry of Education and Professional Training (MENFP) in providing quality and inclusive education that meets the needs of crisis-affected students. By maintaining the principle that education remains a fundamental and inalienable human right, MENFP wants to guarantee inclusion and equity of access to education for all,” said Mr. Nesmy Manigat, Minister of Education and Professional Training in Haiti.

The initial seed funding grant will reach more than 20,000 girls and boys across 35 districts, providing a holistic quality education, including mental health and psychosocial support and school meals.

Worldwide, there are approximately 222 million crisis-impacted children in need of urgent education support. People looking to make a difference can call for leaders to take action in Haiti and beyond, using the #222MillionDreams✨📚 hashtag and by making individual donations to ECW.

Logo:  https://mma.prnewswire.com/media/1656121/Education_Cannot_Wait_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/education-cannot-wait-announces-us11-8-million-catalytic-grant-in-haiti-301639467.html



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Global AdTech Company TripleLift Names Dave Clark as New Chief Executive Officer

Digital media executive joins company as it accelerates media + data strategy and international expansion

NEW YORK, Oct. 3, 2022 /PRNewswire/ — TripleLift, the advertising technology company reinventing ad placement, today announced that Dave Clark has joined as its Chief Executive Officer. Clark most recently served as General Manager at FreeWheel, a Comcast Company. He replaces Eric Berry, the company’s co-founder and CEO, who is stepping away from his role overseeing TripleLift’s day-to-day operations. Berry will continue with the company as a member of its Board of Directors. The change comes after years of consistent growth and numerous milestone achievements for TripleLift, including the sale of the company to Vista Equity Partners and recent acquisition of 1plusX, a global first-party data activation platform.

Dave Clark is a seasoned digital media executive with over two decades of experience spanning ad tech, streaming, software and publishing. Prior to FreeWheel, he held numerous leadership roles at both high-growth and established companies including The Weather Channel, Viacom, and Fuse TV. Known for his considerable operational and sales expertise, Clark has a track-record of capitalizing on a company’s strength and seizing new growth opportunities to maximize future potential.

“For years, I have been inspired by TripleLift’s rise to become a top global supply side platform through its impactful formats, market-leading data solutions and by delivering unmatched customer service,” said Clark, TripleLift’s new CEO. “I am eager to maintain the path that has made this company so successful and to continue its vision of bringing media and data together – from native to CTV.”

“Dave’s deep, hands-on experience across digital media, and his ability to accelerate growth for both mature and emerging companies, makes him uniquely positioned to lead TripleLift forward,” said Berry, TripleLift’s co-founder. “Since founding this company over a decade ago, I’ve had the privilege to work alongside such a talented team who has helped realize our growth potential. Going forward, I’m incredibly confident that Dave is the right person to lead TripleLift in its next chapter.”

Clark’s appointment comes in a year of rapid change for TripleLift. In March, the company completed its acquisition of 1plusX, a global first-party data activation platform, to accelerate its media + data strategy and enhance its portfolio of first-party data solutions for publishers and advertisers. In August, it announced an expansion of its business into the DACH region, bringing new markets to an already long list of regions outside the U.S. from EMEA to APAC. In September, it announced Vevo as another major streaming partner to integrate the company’s ground-breaking CTV In-Show technology, which inserts brands and products into television programming through post-production product placement.

Additionally, Ari Lewine, Co-Founder and Chief Strategy Officer, and Jacqueline Quantrell, Chief Revenue Officer, will be leaving their roles at the company.

“Eric, Ari and Jax have each individually played integral roles in building TripleLift into the immensely successful company it is today. We are grateful for Eric and Ari’s determination to achieve their founding vision and for Jax’s commitment to growing the business during her successful five year tenure as Chief Revenue Officer,” said Martin Taylor, Managing Direct at Vista Equity Partners, President of OneVista, and TripleLift Board Member. “In Dave, we have found a CEO whose experience closely matches the ambitions of the company and who can step in on Day 1 to ensure TripleLift’s customers continue to get the service they expect and results they require.”

About TripleLift

TripleLift is the advertising technology company reinventing ad placement at the intersection of creative, media and data. Our marketplace serves the world’s leading brands, publishers, streaming companies and demand-side platforms, executing over 1 trillion ad transactions every month. Customers choose us because of our addressable offerings from native to online video to connected television, innovations that insert brands into content in real-time, and supportive experts dedicated to maximizing partner performance. And with its acquisition of 1plusX, customers can unlock the full value of their marketing data in a privacy-safe way with its first-party data management platform. Part of the Vista Equity Partners portfolio, TripleLift has appeared on both the Inc. 5000 and Deloitte Technology Fast 500 for five consecutive years, has been named to Business Insider’s list of Hottest Ad Tech Companies for three straight years and was awarded Most Innovative TV Advertising Technology by AdExchanger in 2021. Find out how TripleLift is shaping the future of advertising at triplelift.com.

Logo – https://mma.prnewswire.com/media/1476042/TripleLift_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/global-adtech-company-triplelift-names-dave-clark-as-new-chief-executive-officer-301639088.html



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