UBCO: the Netflix of electric motorbikes

Fri, 22 Jan 2021

Tauranga-based electric vehicle designer UBCO is raising $5 million through investment platform Snowball Effect as it expands its subscription model for enterprise delivery fleets. Domino’s Pizza has bought a subscription to use UBCO’s platform for its delivery vehicles in New Zealand and talks are underway to expand to a handful of other countries where the pizza chain operates.Chief executive Timothy Allan said the firm was in “very advanced” discussions with several other enterprise customers looking to us...

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