HOT TOPIC
// 2 Cheap posts record $6.2m profit for FY24
2 Cheap Cars Group has reported a record net profit after tax (NPAT) of $6.2 million for the full year ending March 31, 2024, an increase of $4.9m over the previous financial year year.
- AutoFile says Group’s gross margins up 39%
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BEST OF THE REST
// Jeep Avenger 4xe hybrid added to Avenger line-up
The addition of the Jeep Avenger 4xe to the line-up brings AWD and hybrid goodness to the compact SUV’s table.
IN OTHER NEWS
// Impressive EV3 requires a wait
Kiwis keen to get their hands on Kia’s new EV3 small SUV may have a wait ahead of them, with deliveries not due to land here until the first quarter of 2025.
// Volkswagen Adds Multivan 7 TDI to the PHEV variant
Volkswagen has added another model to its people mover line-up with the introduction of the Multivan 7 TDI. It joins the existing plug-in hybrid (PHEV) petrol-electric powertrain.
// NZTA to axe 24 more jobs in third round of proposed cuts
The New Zealand Transport Agency Waka Kotahi has announced it proposes to axe 24 more jobs. They will likely be culled from the engagement and partnerships team.
// NZTA registers breached
Agency investigating privacy breach after illegal access of information held on registers.
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INTERNATIONAL EV NEWS
// Reach Enables Wireless Power Mesh Networking for In-Flight Drone Charging
Under a BAA (Broad Agency Announcement) funded project with Defense Advanced Research Projects Agency (DARPA), Reach, the Wireless Power-at-a-Distance company developed and demonstrated a groundbreaking radio frequency (RF) based wireless power transfer (WPT) system for Unmanned Aerial Vehicles (UAVs).
ONE LINERS
- Mad Mike delivers HD thrills
- DHL opens Shanghai EV Centre of Excellence
- AutoTalk Weekly Wrap – Episode 91 – Express edition
- $24k boost for rescue teams
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