STOCK TITAN

Domino's® EV Fleet Is Growing! More Than 1,100 Chevy Bolt® Electric Vehicles Will Make Pizza Deliveries by the End of the Year

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

800 vehicles are already on the ground and delivering pizzas every day

ANN ARBOR, Mich., June 28, 2023 /PRNewswire/ -- Domino's Pizza Inc. (NYSE:DPZ) isn't just the largest pizza company in the world. It also lays claim to the largest electric pizza delivery fleet in the country, which is expanding even more. Domino's is excited to announce that more than 1,100 custom-branded 2023 Chevy Bolt electric vehicles will be on the ground and in use at select franchise and corporate stores by the end of the year.

Domino's lays claim to having the largest electric pizza delivery fleet in the U.S.

"Back in November 2022, Domino's announced that we'd have 800 EVs on the road by the end of 2023 and we're excited to say that we've officially reached that number," said Joe Jordan, Domino's president of U.S. and global services. "All 800 vehicles are on the road, delivering at various stores across the country. We are even more thrilled to announce that number is growing. Our stores and franchisees have continued to express their enthusiasm and interest around EVs, and they've ordered an additional 300-plus cars to be on the road by the end of the year."

Electric vehicles provide several advantages for Domino's stores, including ample battery life with the potential to have days of deliveries, zero tailpipe emissions, advanced safety features and lower average maintenance costs than nonelectric vehicles. Domino's is currently partnering with Enterprise Fleet Management, which offers local hands-on account management, vehicle acquisition, financing, telematics solutions and maintenance for the electric delivery fleet.

"We're continuing to see a wide range of advantages from using EVs," said Jordan. "In addition to business and environmental benefits, an electric delivery fleet also helps with hiring drivers, as they open up a whole new pool of job candidates who may not have their own vehicles."

To see an interactive map of how many Domino's Chevy Bolt EVs are currently in each state and how many are coming soon, visit dominos.com/evfleet.

About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout pizza. It ranks among the world's top public restaurant brands with a global enterprise of more than 20,000 stores in over 90 markets. Domino's had global retail sales of over $17.5 billion in 2022, with over $8.7 billion in the U.S. and nearly $8.8 billion internationally. In the first quarter of 2023, Domino's had global retail sales of over $4.1 billion, with over $2.0 billion in the U.S. and nearly $2.1 billion internationally. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the first quarter of 2023. Emphasis on technology innovation helped Domino's achieve approximately two-thirds of all global retail sales in 2022 from digital channels. In the U.S., Domino's generated more than 80% of U.S. retail sales in 2022 via digital channels and has developed several innovative ordering platforms, including those for Apple CarPlay, Google Home, Amazon Alexa, Facebook Messenger, and more.

Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dominos-ev-fleet-is-growing-more-than-1-100-chevy-bolt-electric-vehicles-will-make-pizza-deliveries-by-the-end-of-the-year-301865356.html

SOURCE Domino's Pizza, Inc.

Domino's Pizza Inc.

NYSE:DPZ

DPZ Rankings

DPZ Latest News

DPZ Stock Data

14.82B
33.11M
4.09%
99.08%
6.37%
Restaurants
Wholesale-groceries & Related Products
Link
United States of America
ANN ARBOR