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Mercury revises up annual earnings forecast on better hydro 21 Jan, 2021 08:44 PM 2 minutes to read NZ Herald Power generator and retailer Mercury said it had revised its operating earnings guidance upward for the current year to June thanks to an increase in hydro generation and a strong trading performance. The company now expects to report earnings before interest, tax, depreciation, amortisation and financial instruments (EBITDAF) of $535 million, up from a previous guidance of $505m. Read More Drought drives Mercury Energy profit down, but not dividend - NZ Herald Mercury downgrades earn...

Mercury spending $6m on expanding EV subscription fleet 16 Dec, 2020 04:44 AM 3 minutes to read It's a known fact that electric vehicles are fast in straight line, but just how fast? We took a range of electric cars down to the Meremere Dragway to find out. Video / DRIVEN It's a known fact that electric vehicles are fast in straight line, but just how fast? We took a range of electric cars down to the Meremere Dragway to find out. Video / DRIVEN Aviation, tourism and energy writer for the NZ Heraldgrant.bradley@nzherald.co.nz@gbradleynz Mercury is spending $6 million to expand its electric v...

Mercury expanding its electric vehicle subscription service © Getty charging points for electric vehicles Mercury is planning a multi-million-dollar expansion of its subscription service for electric vehicles. The Auckand-based power supplier is adding 50 electric vehicles (EVs) a month, or a total of about 400 vehicles, to its Mercury Drive fleet at a cost of $6 million, following a successful two-year trial. The company said the cars could cover between 90 and 100 kilometres on a single charge, which was adequate for an average commute. "This will open more doors for more Kiwis to more e...

Press Release – Mercury Julia Jack with Kane Bublitz with Mercurys latest shipment of EVs. Mercury will invest $6 million to turbo-charge its EV subscription service, aiming to add around 50 EVs a month to its fleet to lift its total EV subscription fleet to around 450 … Julia Jack with Kane Bublitz with Mercurys latest shipment of EVs. Mercury will invest $6 million to turbo-charge its EV subscription service, aiming to add around 50 EVs a month to its fleet to lift its total EV subscription fleet to around 450 vehicles. “This will open more doors for more Kiwis to more easily get beh...