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Vmoto Partners with Uber to Electrify European Food Delivery

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Vmoto Partners with Uber to Electrify European Food Delivery

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Vmoto Limited ( (AU:VMT) ) has provided an announcement.

Vmoto Limited has announced a significant international partnership with Uber to facilitate the transition of Uber’s European delivery partners to electric vehicles. This collaboration aims to convert 100,000 motorbike couriers to electric mopeds/motorcycles by 2030, with the first pilot of battery-swap infrastructure set to launch in London. The partnership is expected to enhance air quality in urban areas by reducing emissions and offers Uber partners competitive pricing on Vmoto’s electric vehicles. This move aligns with Uber’s mission to promote zero-emission transportation and supports Vmoto’s commitment to sustainable urban mobility.

More about Vmoto Limited

Vmoto Limited is a global electric vehicle company that specializes in the production of electric mopeds and motorcycles. The company focuses on providing sustainable transportation solutions and is committed to advancing urban e-mobility through innovation and technology.

Average Trading Volume: 316,115

Technical Sentiment Signal: Sell

Current Market Cap: A$33.38M

Find detailed analytics on VMT stock on TipRanks’ Stock Analysis page.

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