Autonomy orders 23,000 EVs from 17 automakers for US EV subscription service
California-based Autonomy launched an EV subscription service using Tesla vehicles, but now it’s massively expanding.
Autonomy on Tuesday announced a $1.2 billion fleet order for 45 EV models from 17 automakers. Totaling 23,000 vehicles, the order represents 1.2% of projected U.S. electric vehicle production by the end of 2023, the company said in a press release, adding that the order “was designed to fit within each automaker’s projected production envelopes.”
Autonomy places $1.2 billion contract for EV subscription service
The automakers included in the order are: BMW, Canoo, Fisker, Ford, General Motors, Hyundai, Kia, Lucid, Mercedes-Benz, Polestar, Rivian, Stellantis, Subaru, Tesla, Toyota, VinFast, Volvo, and Volkswagen.
The models included in the order, which are expected to ship in the next six to 18 months, will have MSRPs of between $26,595 and $122,440 and will feature some form of telematics connectivity, according to Autonomy. The company said it’s also targeting a range of at least 250 miles, but making a few exceptions.
Autonomy also found that residual value was a priority in the order. That seems to be the motivation for Tesla ending the ability to purchase vehicles after leases.
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Autonomy is repositioned with Tesla, turning to a mix of legacy automakers and newer startups like Canoo, Lucid, Polestar, and Rivian. Some of the companies listed – Canoo, Fisker and VinFast – have yet to ship vehicles to the US.
Canoo itself started with a subscription – first with California. Sounds familiar right?