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INDUSTRY

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Industry

Gumtree to make NZ appearance through NZME deal?

by Peter Louisson
May 9, 2025

Australian listings operator Gumtree wants to bring its Carsguide brand to New Zealand, partnering with NZME. AutoTalk says the pair announced the signing of a memorandum of understanding (MOU) aimed at leveraging Gumtree’s existing automotive brands and its technology platform. It is unclear which brands (of Gumtree Cars, Carsguide, and Autotrader) will make it to New Zealand. AutoTrader here operates under the majority ownership of Optimus Group. NZME Chief Executive, Michael Boggs, said the automotive listings market in New Zealand is worth $125.3 million annually. It...

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Electric

Government stimulates EV charger investment

by Peter Louisson
April 28, 2025

A new scheme worth almost $70m will help to fund public electric vehicle chargers, according to a 1News item. Companies building EV chargers have previously applied for grants via a contestable fund, according to Transport Minister, Chris Bishop. But now the Government is putting $68.5 million in grant money towards interest-free loans instead. Bishop said that this should stimulate private investment in public EV charging infrastructure by lowering the cost...

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