Meta Pixel

News and Announcements

Australian Electric Infrastructure and Transport Company (AEIT) FY15 Company Update

  • Published January 29, 2015 3:52PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Australian Electric Infrastructure and Transport Company Pty Ltd (AEIT) is a Brisbane based company established to commercialize OLEV (On-Line Electric Vehicles) Zero Emission Public Transportation Solution in Australia.

In 2014, AEIT established two subsidiary companies:

1. OLEV Power Systems – was granted its own 10 years – Electricity Distribution License in July.

2.  OLEV Transport Company – was granted its Public Transport Operator License in December.

3. Works in Progress:

  • In December 2014 electric chassis manufacturing design works were completed and designs approved by the board for manufacturing of OLEV Buses.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

ABOUT AEIT

Australian Electric Infrastructure and Transport Company Pty Ltd (AEIT) has been established to commercialize the OLEV (On-Line Electric Vehicles) Zero Emission Public Transportation Solution in Australia.

The OLEV technology delivers an environmentally sustainable transport solution with vastly lower energy consumption. It provides electric powered public transport in continuous operation on both dedicated and semi-fixed route transit systems. Its advantage is zero emissions compared to current Diesel and Gas buses and vastly lower energy consumption than traditional electric vehicles. (OLEV buses operational costs – $0.19km / Diesel $0.62km)

Electric power strips are road embedded to provide electro-magnetic power, wirelessly, to electric vehicles charging an onboard battery and powering the electric motor.

Company Updates
Built on discipline, not complexity: inside an ASX equities income strategy

Haydn Froggatt and Zac Brabin have decades of derivatives experience between them and access to almost any strategy in the market. They use two of the simplest structures available, and wrote 202 positions with them last year. Published by Fairway Capital Management. Based on an interview with co-founders Haydn Froggatt and Zac Brabin. Two traders, […]

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Join over 45,000+ sophisticated investors

Join Now