Autonomy placed orders of 23,000 EVs from Tesla, GM, Rivian, Ford more

The USA, the Leading subscription service provider, Autonomy placed orders of 23,000 EVs from Tesla, GM, Rivian, Ford more, its largest order from autonomy till now.

Autonomy places giant EV order from Tesla

Highlights

  • Autonomy announced that they placed gaint new order of around 23,000 electric vehicles from 17 automakers
  • currently, autonomy only provides subscriptions for Tesla model Y And Tesla Model X, you also visit autonomy to know more…
  • The order of 23,000 EVs which is nearly $1.2 billion of investment, when come to its Q1 result Autonomy has around 3,250 EVs.
  • Autonomy also focuses on smaller automakers like Lucid with 100 units, Vinfast with 400 units, Polestar with 200 units & canoo with 100 units.

Autonomy, the nation’s largest service provider, announced gaint new order of around 23,000 electric vehicles from different automakers like Tesla, Rivian, GM Motors, and Volkswagen more…

On August 3, Autonomy announced to add a subscription service for Tesla Model Y “Autonomy offers users Month-to-Month subscription services, with a minimum duration of 3 months after onwards you can terminate in 28 days’ notice.”, that is really needed for the texas-based company for the USA, the service provides by autonomy is great, you will get service with a security deposit amount of $500 once a subscription is activated.

Last week also, autonomy reveal its plan to order around 23,000 EVs this year including automakers Tesla, Rivian, GM Motors, and Volkswagen, currently, autonomy only provides subscriptions for Tesla model Y And Tesla Model X, you also visit autonomy to know more…

CEO, Autonomy Scott Painter, said that our plan to ramp up 3,000 Tesla vehicles by September, he revises his mission to buy around 10,000-tesla vehicles by 2022 end, so, that will provide services to the customers as soon as possible with minimum cost.

Finally, Autonomy announced that they placed gaint new order of around 23,000 electric vehicles from 17 automakers like Tesla, Rivian, GM Motors, and Volkswagen more

Tesla was certainly the right launch partner for Autonomy given their dominance in the electric vehicle market today. 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
Scott Painter

The order of 23,000 EVs which is nearly $1.2 billion of investment, when come to its Q1 result Autonomy has around 3,250 EVs, it is also expected in Q4 result Autonomy will have 22,790 units of EV by 2023.

No. of EVsCompanies Order Order Amount
1Tesla 8,300$ 443,232,000
2GM3,400$ 138,728,500
3VW2,200$ 106,897,500
4Ford1,800$ 88,093,850
5Hyundai1,640$ 73,794,600
6Rivian 1,000$ 72,090,000
7Kia 1,500$ 68,670,000
8Mercedes600$ 41,146,700
9BMW400$ 29,571,000
10Toyota600$ 25,905,000
11Vinfast400$ 19,400,000
12Volvo250$ 13,836,250
13Polestar200$ 10,100,00
14Lucid100$ 10,065,200
15Subaru200$ 9,471,500
16Fisker100$ 4,314,900
17Canoo100$ 3,779,000
Total: 17 CompaniesCompanies 22790$ 1,159,096,000(1.2B)

As a chart indicates that Tesla got the largest order of 8,300 which is around $443,232,000 after that GM motors got the second position with 3,400 orders which are around $138,728,500.

Autonomy also focuses on smaller automakers like Lucid with 100 units, Vinfast with 400 units, Polestar with 200 units & canoo with 100 units.

So, this shows that Autonomy currently focuses on Tesla vehicles like Model X and Model Y but its Ceo said that we will include other automakers like MG, Rivian, GM Motors, and Volkswagen in our subscription service very soon.

As per Autonomy, the primary selection criteria for the order were the following:

  • MSRP Range: $26,595 to $122,440
  • Battery Range: 250 miles minimum (with some exceptions)
  • Telematics: Fully connected
  • Production Forecasts: The vehicle will be available to purchase before the end of 2023
  • Residual Values: Models with the highest projected resale values
Autonomy placed orders of 23,000 EVs from Tesla, GM, Rivian, Ford more

As per the Bloomberg report, around 47 EV models will include in the subscription service of autonomy by 2023, you will also listen through Autonomy App.

Subscription Options:

You can also customize your subscription plan on a monthly basis, some criteria such as price range from $690 a month to $7,900 starting fee to $1,350 a month with a $1,000 start fee, with mileage considerable for up to 1,000 miles a month, it also said that user must pay an additional security deposit amount of $500 once a subscription is activated. Taxes also apply.

Alexa St. John, Reporter for BusinessInsider posted on Twitter to aware people of the Autonomy Order.

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