EV subscription program Autonomy launches in California
The California-based fintech and insurtech vehicle subscription platform NextCar Holding Company has rebranded under the name Autonomy, an electric vehicle (EV) and zero emissions vehicle subscription program.
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To start, Autonomy is offering the Tesla Model 3 in the state of California, but it intends to expand to other US markets shortly.
The service has three channels by which a customer can reserve their vehicle (in 10 minutes time) and manage their subscription, being through the company website, mobile app, or via a toll-free number.
Founded by entrepreneurs Scott Painter and Georg Bauer, the company also boasts vehicle delivery and dealership pickup processes to occur in under 20 minutes.
The subscription program features a month-to-month contract after a three-month minimum term. And for new electric EV manufacturers as well as legacy OEM’s, this constitutes a new distribution channel, offering a flexible way to drive and test out an EV.
Electric vehicles have reached a tipping point, and it's clear that the Tesla Model 3 is this generation's Prius," says CEO Scott Painter (pictured left)
"Financial responsibility and the avoidance of debt is also at an inflection point and subscriptions have become a pervasive, sustainable business model and a cornerstone of modern digital life," he adds.
Top Photo: Scott Painter in front of Tesla Model 3 fleet (source: Autonomy)