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Geoff Dobson
Verified
Technology Reporter, Auto Talk
Auckl
Beats
lifestyleLocal interest New Zealand
There's no topic I'm particularly against.
Content
By Geoff Dobson Verified| EVs and Beyond@ Mercury has revised its FY2025 EBITDAF guidance from $820 million to $760m – a $60m drop. This reflects an expected 150GWh decrease in full year hydro generation to 3400GWh owing to continued dry weather in the Taupō catchment, and projected below mean hydro inflows and lake levels through to June 30, 2025, says Mercury. It says FY2025 ordinary dividend guidance remains unchanged at 24 cents per share and stay-in-business capital expenditure guidance remains unchanged at $150m.
By Geoff Dobson Verified| EVs and Beyond@ Amazon owner Jeff Bezos is backing a Michigan EV start-up Slate Auto which aims to produce a two-seat electric ute. So says TechCrunch which reckons Slate Auto could start production next year. It says Slate Auto is part of a Bezos connected company Re:Build Manufacturing and plans to produce an “affordable”US$25,000 electric pickup truck (ute).
By Geoff Dobson Verified| EVs and Beyond@ Mercury has revised its FY2025 EBITDAF guidance from $820 million to $760m – a $60m drop. This reflects an expected 150GWh decrease in full year hydro generation to 3400GWh owing to continued dry weather in the Taupō catchment, and projected below mean hydro inflows and lake levels through to June 30, 2025, says Mercury. It says FY2025 ordinary dividend guidance remains unchanged at 24 cents per share and stay-in-business capital expenditure guidance remains unchanged at $150m.
Company Info
Auto Talk
Auckland, Auckland, New Zealand
+64 9-309 2444