Moves announced on the weekend will speed up the shift to EV's whether ZEL shareholders like it or not.
From 1 July 2021 you can get a brand new small SUV EV for just on $40,000 after the EV rebate complete with 5 years warranty, liquid cooled battery with an 8 year battery warranty with guaranteed residual of 70% battery life after 8 years. e.g.
https://mgmotor.co.nz/models/mg-zsev/
Its a game changer whether ZEL shareholders want to admit it or not. The speed of the outgoing tide affecting ZEL is set to get faster and faster as more and more manufactures release more and more EV's that after taking into account the Govt incentive and much cheaper running cost make more and more sense to increasing numbers of Kiwi's.