Credit: Autonomy

Autonomy orders 23k EVs from Tesla, Polestar, Lucid, Rivian, Volvo, Fisker, and more

Written by Cláudio Afonso | | LinkedIn | Twitter

U.S. largest EV subscription company Autonomy placed on Tuesday an order for 23,000 electric vehicles from 17 automakers to “expand and diversify its subscription fleet” after starting with Tesla models.

The fleet order is valued at $1.2 billion and includes automakers like Tesla, GM, Ford, VW AG, Hyundai, Polestar, VinFast, Kia, Lucid, Rivian, Lucid, Fisker, Mercedes, BMW, Stellantis, Toyota, Volvo, Subaru, and Canoo.

The 23,000 order represents 1.2% of the projected U.S. electric vehicle production through the end of 2023 and was designed to fit into the forecast production envelopes of each automaker, the company explained.

“Tesla was certainly the right launch partner for Autonomy given their dominance in the electric vehicle market today,” said Scott Painter, founder and CEO of Autonomy. “With every automaker going all-in on electric and so many exciting new products coming to market in the next 6 to 18 months, we have placed our fleet order and are excited to expand our subscription lineup and make it easier for consumers to make the transition to electric.”

The primary selection criteria for the order were the MSRP Range ($26,595 to $122,440), the Battery Range (+250 miles, with some exceptions), Telematics (Fully connected), Production Forecasts (available to purchase before the end of 2023), Residual Values (Models with highest projected resale values).

The company is currently offering Tesla Model 3 and Tesla Model Y planning to add the company’s full lineup to its fleet.

Last April, the company announced the expansion of its services in the state of California, adding the city of Sacramento to its market coverage area. In March, Autonomy also launched in San Diego, adding the San Francisco Bay Area to its market coverage in Los Angeles last January.

Written by Cláudio Afonso | | LinkedIn | Twitter