VMT 3.03% 17.0¢ vmoto limited

interesting article

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    Domino’s Pizza Enterprises is dipping its toe in the EV pool down under, ordering seven Vmoto electric scooters for its home delivery fleet. This is a consistent move on Domino’s part, as well as a bit of fun. Doesn’t the model in the photograph look thrilled to be on that electric scooter? Domino’s is set to start field trials after having evaluated the EVs for six moths. Domino’s has implied that it will need 3000 electric delivery scooters by 2014 if it’s going to phase out its gas-powered vehicles.

    Andrew Rennie, Domino’s Chief Operations Officer, said: “Domino’s is committed to sustainability initiatives aimed at reducing our carbon footprint. The trial of Vmoto electric scooters is a significant step forward for Domino’s given delivery is a huge part of our business.”

    Domino’s is Australia’s largest pizza company, with over 550 stores scattered around the continent. The impact of 550 stores’ worth of gas-powered vehicles off the streets would be huge, especially if the electricity used to power the new EV fleet were renewable. Luckily, wind-powered EV charging stations have been in the works in certain cities in Australia, thanks to a partnership between Better Place, AGL, and Macquarie. One wonders whether part of Domino’s plan is to take advantage of several public and private charging spots already in place around Australia.

    The partnership between Vmotors, an Australian electric scooter manufacturer that has already supplied scooters to Europe, and Dominos could bring about positive change for both companies and the environment. This first “business to business” sale concluded in Australia could set an example for other companies in the country and around the world.

    Unfortunately Vmotors is, by many reports, a troubled company, having lost quite a bit of money in the past year. The boardroom has seen some drama as well, with one of its shareholders attempting to remove certain directors from the board. The company also has a large contract for 30,000 scooter engines in Vietnam that has been delayed due to problems with a third party-engineered electronic fuel injection system.

    Source: Gas 2.0 (http://s.tt/13tTk)
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