Autonomy Orders 23,000 More Electric Vehicles

Autonomy did have some key criteria for which EVs to order. The most important selection criteria were:Production Forecasts: Vehicle will be available to purchase before the end of 2023That last matter is an interesting one. For years, we conducted total cost of ownership analyses of electric vehicles compared to their main gas-powered competitors. We found that one of the biggest expected advantages in cost was higher resale values for EVs, especially Teslas.

The thing that dampens much consumer interest in electric vehicles is higher upfront costs, but everyone who looks into the matter can see that the long-term total cost often favors EVs. Autonomy’s solution is simple: we’ll buy the EVs, take the long-term financial risk, and offer people monthly subscriptions in order to lower the cost of entry and the long-term financial commitment for more Americans.

“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,” said 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.

No long-term debt. No leasing contract. No large upfront payment. And the freedom to jump from one EV to another as your desires change, as news about certain EVs breaks, as EVs with more range or capability come onto the market, or as the EVs you’ve long been waiting for are finally produced. The Autonomy news before this big order announcement was that the startup had partnered with AutoNation , the USA’s biggest car retailer, in order to get the vehicles it orders spread across the country, prepped for customer delivery, delivered, and also later on maintained and repaired.

Source: News Formal (newsformal.com)

cool drive_autonomy

So, they are ordering a lot of vapor ware. Hope they get some of those in the reall

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