Autonomy Places an Order for 8,300 Tesla Vehicles to Expand Fleet

Photo: Autonomy

Autonomy has placed an order for 8,300 Tesla vehicles to expand its fleet. The order comes as part of a broader move to receive 23,000 electric vehicles from 17 different automakers.

Autonomy, the largest electric vehicle subscription-based company in the US, placed an order for 23,000 electric vehicles with 17 global automakers on Tuesday to expand and diversify its subscription fleet, according to a press release. Of these, 8,300 units are Tesla vehicles, which is a significant share, corresponding to more than 36%. The total fleet order is estimated at $1.2 billion.

“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 23,000-unit order represents 1.2% of projected US electric vehicle production through the end of 2023 and was designed around each automaker's projected production volumes.

Autonomy selected vehicles based on the following criteria:

• MSRP Range: $26,595 to $122,440
• Battery Range: 250 miles minimum (with some exceptions)
• Telematics: Fully connected
• Production Forecasts: Vehicle will be available to purchase before the end of 2023
• Residual Values: Models with highest projected resale values

“Electric vehicles cost far more than gas-powered vehicles and most consumers will simply not make the switch to an EV without highly compelling value propositions,” added Painter. “Autonomy subscriptions deliver an easier and more affordable way to get an EV, and this is why we believe that subscriptions will be the predominant contract by which consumers adopt electric vehicles from every automaker.”

Today, Autonomy offers Tesla Model 3 and Model Y, and will soon complement the entire Tesla lineup with Model S and Model X. Autonomy offers the cheapest, fastest, and easiest way to get an electric car without long-term debt or obligations that come with buying or leasing. Such simplicity can attract many customers who would like to own a Tesla or other electric vehicle.

© 2022, Eva Fox | Tesmanian. All rights reserved.

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