Territory Stories

The Northern Territory news Sat 6 Nov 2010

Details:

Title

The Northern Territory news Sat 6 Nov 2010

Other title

NT news

Collection

The Northern Territory news; NewspaperNT

Date

2010-11-06

Description

This publication contains may contain links to external sites. These external sites may no longer be active.

Language

English

Subject

Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

Publisher name

Nationwide News Pty. Limited

Place of publication

Darwin

File type

application/pdf

Use

Copyright. Made available by the publisher under licence.

Copyright owner

Nationwide News Pty. Limited

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/225281

Citation address

https://hdl.handle.net/10070/681259

Page content

2 NT NEWS. CARSguide www.ntnews.com.au P U B : N T N E W S D A T E : 6 -N O V -2 0 1 0 P A G E : 3 0 2 C O L O R : C M Y K CARS GUIDE l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l ntnews.com.au Share in green scheme Deep Green Research founding director Michael Gutteridge with one of the electric cars. Report Page 11 By MARK HINCHLIFFE Weve had interest froman$8billion Chinese company, but I think its too early for car companies to be interested INVESTORS will soon be able to own part of Australias first public electric car company. Deep Green Research (DGR) founding director Michael Gutteridge says shares will be available in $25,000 minimum parcels through a public float of 20 per cent of the company. Weve had interest from an $8billion Chinese company, but I think its too early for car companies to be interested, he said. They are all actively developing their own electric cars. He said a 100-page prospectus is being distilled into a more manageable size and will be available in a couple of weeks. It will have a lot of the technical details deleted. So I dont give too much away, Gutteridge said. He said the prospectus will show preliminary estimates of $1million in pretax profit after the first year, rising to $40m after five years. He said the business model does not rely on gov ernment support. DGR will have three directors with the others as yet unnamed but including a former Queensland government minister and a semi-retired government-approved engineer for certifying vehicle conversions. MORE than 1000 people took a test during the first Green Zone Drive in Melbourne last month. There are plans now to take the event which allows potential buyers to drive a wide range of green machines from electric cars to hybrids and diesels national following more than 10,000 visitors to the event. Free 16 Alloy Wheels Symmetrical All-Wheel Drive Horizontally opposed Boxer Engine 3 year / unlimited km warranty Vehicle Dynamics Control System 6 Airbags & Cruise Control Free Bluetooth Five Star ANCAP Safety Rating FORESTER X WITH FREE SAT NAV IMPREZA R $23,990 DRIVEAWAY $34,990 DRIVEAWAY Rec. Retail price for manual Automatic available at extra cost. Over $4000 RRP of added value FREE Subaru Darwin Ph: Mina 8947 7746 or 0448 965 061 674-676 Stuart Hwy Berrimah NT www.subarudarwin.com.au 1. Available on MY10 Forester X - limited stock. 2. Price is based on a private purchaser RRP2 1 L M V D 3 6 6


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