Domino's Pizza Deploys EV Fleet To Mitigate Delivery Drivers Shortage

Shivani Kumaresan

Tue, Nov 22, 2022, 8:36 AM1 min read

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Domino's Pizza Inc (NYSE: DPZ) plans to deploy electric vehicles at some of its U.S. stores to overcome a worker shortage affecting deliveries.
The pizza chain will induct more than 100 custom-branded 2023 Chevy Bolt electric vehicles. Chevrolet is owned by General Motors Co (NYSE: GM).
It is also planning to expand the fleet with additional 700 vehicles in the coming months.
The EVs will provide zero tailpipe emissions, advanced safety features and lower average maintenance costs than non-electric vehicles.
"Domino's launched pizza delivery in 1960 with a Volkswagen Beetle, rolled out the DXP – a custom-built pizza delivery vehicle – in 2015, tested autonomous pizza delivery with cars and robots, and is now leading the charge in the future of pizza delivery," said CEO Russell Weiner.
"We've made a commitment to net-zero carbon emissions by 2050, and this is one way we can begin reducing our environmental impact, one delivery at a time."
Price Action: DPZ shares are trading higher by 0.57% at $380.00 in premarket on the last check Tuesday.
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