VMT 0.00% 11.5¢ vmoto limited

General Discussion, page-2256

  1. MTV
    1,855 Posts.
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    I know what you mean. I have often been in the situation of trying to complete an under quoted scope of work within budget. The salesmen would never accept responsibility.

    However, I wouldn't be too quick in assuming UBCO are going to be losing money on this deal. They are not a low-cost producer, and I get the impression that they have actually achieved a premium price for a tailored product.

    This from the NZ Herald:

    Tauranga-based electric motorcycle maker Ubco has revealed a breakthrough deal.

    Australia Post has bought 175 of the start-up’s bikes for a pilot programme that could lead to a wider rollout for its 10,000 posties.

    Ubco won’t put a dollar value on the deal, but the bikes are a customised faster, rear-wheel version of Ubco’s original 2x2, which sells for NZ$8999 in its special edition, dubbed the “Duty”.

    “This is a pivotal moment for Australia Post,” Australia Post chief executive and managing director Paul Graham said at a Sydney launch event for the deal.

    “This new fleet allows us to electrify a broader spectrum of routes, reducing our reliance on fossil fuels and further advancing our sustainability goals. We are proud to integrate cutting-edge solutions that benefit our team members, our customers and the environment.

    They are also trialing their delivery bikes with NZ Post and Domino's. I see them as quite a serious threat. More from the NZ Herald here:

    https://www.nzherald.co.nz/business/tauranga-based-electric-motorcycle-maker-ubco-inks-major-deal-with-australia-post/L4J6TIG3CFAV5PXJC4P774YDZ4/

    Last edited by MTV: 09/09/24
 
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