Autonomy Expands Green Mobility Services to California’s Inland Empire Region | News

SANTA MONICA, Calif.–(BUSINESS WIRE)–May 19, 2022–

Autonomy, a fully digital electric vehicle subscription service which offers the cheapest, fastest and easiest way to get a Tesla Model 3, is expanding its services to Southern California’s Inland Empire.

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Scott Painter, CEO and founder of electric vehicle subscription company, Autonomy. (Photo: BusinessWire)

Autonomy’s latest expansion follows announcements in California’s central coast, Sacramento, San Diego, Orange County and the bay area. Autonomy launched in early 2022 in Los Angeles.

“Our goal is to inspire more people to use electric vehicles and subscriptions are a perfect way to help make access to electric vehicles easier and more affordable,” said Scott Painter, founder and CEO of Autonomy. “California residents are supporting the electric vehicle industry by driving adoption in an effort to help the state reach its goal of having 5 million electric vehicles on the road by 2030.”

The Autonomy is a great solution for commuters using one of the many highways in the Inland Empire with single-driver access to HOV lanes and free or discounted access to California’s famous 91 Express Lanes. Commuters using a non-electric vehicle making a round trip from Riverside to SR-55, using both segments of the toll each way, spend approximately $112 per week (or $448 per month)1. With a subscription to a Tesla Model 3 through Autonomy, these toll fees are waived or reduced – depending on the time of day – by the 91 express lanes for the consumer. And with the gas payment eliminated, the combined savings could cover nearly all of Autonomy’s monthly subscription.

Customers who want to drive a Tesla Model 3 will have access to Autonomy’s fast, easy and affordable subscription service. Autonomy’s monthly subscription costs less than Tesla’s own lease or finance plans.

Subscribers can reserve a Model 3 through the Autonomy app with a $100 refundable deposit. A payment dial lets customers customize their subscription payments starting at $490 per month with an initial start-up fee of $4,900, up to $1,000 start-up fee and $1,000 per month, plus taxes. A $500 refundable security deposit is required when subscription is activated.

With its subscription service, Autonomy enables Californians, now including residents of the Inland Empire region, to reserve an electric vehicle through an app in just 10 minutes, accessing vehicles in a simple and flexible way unlike to the process of a traditional vehicle. vehicle loan or rental.

“Southern California is doing a fantastic job incentivizing electric vehicle owners by giving them access to carpool lanes and cheaper toll roads,” said Georg Bauer, co-founder and president of Autonomy. “All of this can only further promote the use of green mobility, making it even more convenient for consumers who wish to subscribe to an Autonomy subscription.”

Autonomy’s monthly payment covers traditional costs of ownership, including annual registration and license fees, routine maintenance, roadside assistance and normal tire wear, all of which are additional expenses with a traditional lease or loan.

In addition to the cost advantage, Autonomy drivers have the option of monthly subscription after a minimum of three months. The platform is a viable market option for those unwilling or unable to afford the long-term commitment of buying or leasing an electric car.

Autonomy’s subscription model offers a radical new solution to the growing demand for electric cars. An added benefit is the company’s steady supply of 3 models which are available much sooner than the typical six to nine month wait for a lease or loan.

How to subscribe:

  1. Download the Autonomy app from the App Store (coming soon to Android)
  2. Scan your driver’s license and digital payment method
  3. Schedule your pickup or delivery

Autonomy is the first US company to offer a full monthly subscription for a Tesla Model 3, with other popular EV models planned for the near future. Founded by serial automotive entrepreneurs Scott Painter (CarsDirect, TrueCar, Fair) and Georg Bauer (Mercedes-Benz, BMW, Tesla, Fair), Autonomy is designed to deliver a fast and efficient customer experience. A vehicle can be ordered on the app in as little as 10 minutes and picked up from a sales center the next day or scheduled for delivery within a week.

Autonomy recently received $83 million in debt and equity financing to support its expansion.

1 91 Express Lanes toll road information and costs are based on publicly available information of OCTA. Approximate weekly costs were determined by a round trip from Riverside to Orange County at 7 a.m. and 6 p.m. Toll charges change depending on time of day, number of passengers, vehicle and Type of account. Consult your local toll authority for more information on toll schedules and discounts.

ABOUT AUTONOMY

Autonomy is a technology company whose mission is to make access to mobility easy and affordable through car subscriptions. The company was founded by automotive retail, auto finance and auto insurance disruptors Scott Painter and Georg Bauer, who founded Fair, the first-ever, pioneering used car subscription offer. of the Car-as-a-Service (CaaS) category. Building on this experience, Autonomy has created a turnkey vehicle subscription platform for consumers and the automotive industry that allows vehicle subscriptions to cost-effectively scale and become a mainstream alternative to purchase of traditional cars. Autonomy innovates through technology, finance and insurance to power automotive subscriptions for the battery, electric vehicle and zero-emission vehicle sectors. Autonomy relies on partnerships with automakers and physical car dealerships to deliver consumer and industry benefits. Self-reliance represents the absence of long-term debt, the absence of long-term commitments, and even the absence of fossil fuels. It means new choices and more control over your financial well-being. Autonomy is based in Santa Monica, California.

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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PERFORMANCE AND SPECIAL INTERESTS OTHER TRADE OTHER ENERGY ALTERNATIVE ENERGY ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE ENERGY GENERAL AUTOMOTIVE ENVIRONMENT OTHER TRANSPORTATION RETAIL TRANSPORTATION OTHER AUTOMOTIVE

SOURCE: Autonomy

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PUBLISHED: 05/19/2022 18:50 / DISK: 05/19/2022 18:51

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