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
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.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.