Domino's Ties Up With Revolt Motors To Convert Petrol Bike Fleet Into EVs
Domino's Pizza has joined hands with RattanIndia-backed EV maker Revolt Motors to convert its current petrol bike fleet into e-bikes.
As part of the partnership, Domino's will procure the entire existing inventory of Revolt's RV300 bike model and will progressively acquire its customised Revolt model to transform its fleet, the company said in a statement on Sunday.
Domino's piloted Revolt bikes for its deliveries for quite some time now, and with a successful pilot, it has now partnered with Revolt for its green push, it added.
RattanIndia Enterprises Business Chairman Anjali Rattan said, "Revolt is happy to join hands with Domino's in this partnership which not only makes sense environmentally, but also offers great cost savings for the company."
These bikes will be specially customised for Jubilant Foodworks, which operates fastfood chains Domino's Pizza, to suit its business needs and at the same time enable a zero-emission delivery experience, Revolt Motors said.
Jubilant operates one of the largest delivery fleet in the country and this partnership shows it is also willing to harbinger a change towards cleaner, pollution free delivery alternatives, it said.
Revolt believes that this partnership is just a start of a potential revolution to convert massive delivery bike market electric in the years to come, the company added.
Given the falling prices of electric bikes due to lower production costs and a slew of incentives being announced by central and various state governments, these bikes not only save the environment but also make economic sense, the company said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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