Eroad plays down US tariff impacts, eyes possible manufacturing shifts

One of Eroad's in-vehicle telematics devices. (Image: Supplied)

Tue, 15 Apr 2025

Eroad has downplayed the impact of United States tariff on its earnings but says it’s exploring shifting hardware production to more favourable locations.US President Donald Trump announced sweeping tariffs on April 2, which he called “Liberation Day”, but later paused the steeper hikes for 90 days while keeping a baseline 10% levy in place for almost every country.Eroad, the dual-listed fleet management and road user charging (RUC) technology provider, updated the NZX on the tariffs on April 15.The company said it generated 4...

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