ZEL - Z Energy.

[Sideshow Bob]

Bit of a sunset industry eh. Will be interesting to see how Z and it's peers pivot to meet the requirements of the changing landscape.

Maybe a mixture of a one stop shop for fast car charging, cafe, mini supermarket, car wash etc.

Going to have to keep evolving.

I would have thought would be getting more carved up on fuel volumes by self-service competitors like Waitomo, NPD etc and aggressive pricing/lower cost must be squeezing retail fuel margins?? In Dunno's there are at least 8 of these stations that have appeared in recent years.....

On the plus side, many are sitting on prime real estate/sites, albeit expect they lease.

[Filthy]

I've noticed that car chargers are usually taken as more EVs hit the road, so if you need a charge outside (considering the average range of a lLeaf is only 200km) and you can't find a charger it's akin to looking for a toilet when you're busting. Of course, more chargers will be built over time, but installers have to balance demand with over-investment in infrastructure, so no one's going to build thousands of charging stations overnight.

would it be safe to assume that most middle class families have two cars? ......so I see it more as one car as the local runabout (charged overnight at home for cheap) i.e. the Leaf or whatever it is, & the other a larger ICE for the 2-3 long-distance drives they do when going on holiday (until more infrastructure is rolled out / as technology & range improves, at which point the 2nd car is upgraded). Most of the population don't drive 200km every day - maybe 60-70km? If every family upgrade one car to an EV in the next few years, EV growth is going to explode, regardless of the number of car chargers. Not to mention the pressure from Gen Z teenagers on parents to do something about climate change... there were some big protests about this not long ago don't forget.

[Antipodean]

Very interesting on the EV temperature issues. In addition to the detrimental effects on the battery itself, the increase in heating/AC (or in fact any other electrical system) is going to add on to those range issues. Compared to an ICE vehicle which can continually charge itself as it is operated, extra electronics like display screens, navigation, sensors, all add to the battery drain.

Disappointing that the various manufacturers are also not using interchangeable cells or universal charging interfaces. Also as an aside, in NZ RUCs are scheduled to be applied to light passenger vehicles from December this year.

Given age of NZ vehicle fleet, range and cost of EVs, EV limitations, NZ electrical grid and charger infrastructure, I don't see EV's replacing ICE en masse for a significant period of time.

[Zaphod]

From a purely economic perspective, an EV didn't make sense for us, and won't until the capital cost drops significantly. There are cars available that suit our day to day requirements that consume as little as 2.5-3L/100km, so the number of years it would take to recoup investment doesn't make sense.

As I've said over in the EV thread, if the government feel the need to drive adoption they need to stop mucking around with RUC exemptions and do something that actually drives adoption which is reduce the capital cost or encourage more favourable financing options. EV quotas will simply result in older cars being kept for longer periods of time. In the mean time, it would be useful to at least know that Z has a long term strategy for this emerging market.

Disc: Not a holder.

[Entrep]

Looking at the chart this is one very sick dog. Divi is suspended AFAIK too?

[Rawz]

Looking at the chart this is one very sick dog. Divi is suspended AFAIK too?

Yes it's grim. Dividends to resume latter this year in FH22. A lot of green, EV stuff in the media this week.

[Entrep]

Reason for the recent pronounced weakness? https://www.stuff.co.nz/environment/...go-zero-carbon

[dreamcatcher]

Been rather grim SP movements lately.........

Be interesting to see details how NZ will pay for these wonderful zero-carbon changes or its bye Jacinda

[Baa_Baa]

Been rather grim SP movements lately.........

Be interesting to see details how NZ will pay for these wonderful zero-carbon changes or its bye Jacinda

It's not just lately, it's been on the slippery slope since the hey days above $8 in 2016, with a hammering last year from Covid and gradually heading back there again. Best to avoid stocks in prolonged down trends.

[dreamcatcher]

It's not just lately, it's been on the slippery slope since the hey days above $8 in 2016, with a hammering last year from Covid and gradually heading back there again. Best to avoid stocks in prolonged down trends.

Very true Baa_Baa I hung about too long now waiting for divvie getting reinstated or electric charging station added just simply airlines flying outside our borders could have positive outcomes here............