Car subscriptions (flexible term access) and car-sharing (short term hourly access) have emerged as two different but complementary business models that can provide flexible access to an EV
SANTA MONICA, Calif. – Autonomy, the nation’s largest electric vehicle subscription company has partnered with EV Mobility, the leading all-electric vehicle car-sharing platform. EV Mobility provides electric vehicles on demand 24/7 as an amenity to luxury hotels, multifamily apartment buildings, and commercial buildings through its easy-to-use mobile app.
“The partnership with EV Mobility is mutually beneficial in that it helps us achieve our scaling goal of 10,000 Autonomy subscribers within the next 12 months,” said Scott Painter, founder and CEO of Autonomy. “EV Mobility’s business is complementary to our business model and launches our B2B channel. At Autonomy, we are focused on revenue quality and predictability. By making EV Mobility our customer, we not only satisfy our need for revenue quality and predictability but also provide EV Mobility with access to a growing national fleet of electric vehicles without having to secure and finance their own separate fleet of vehicles. This underscores the power and scalability of the subscription model for everyone.”
Through the partnership, Autonomy will deploy Tesla Model 3s and Model Ys to EV Mobility locations across California, Florida, Washington, and other states by the end of the year. The luxury amenity allows guests and residents to reserve and operate vehicles hourly, 24/7, through its app. The payment covers the traditional costs of ownership, including annual registration, licensing fees, routine maintenance, roadside assistance, as well as standard tire wear and tear.
“We look forward to expanding our relationship with EV Mobility to include tens of thousands of EVs in dozens of states in the coming years as we scale our business and capacity,” said Jim Nguyen, President and Chief Operating Officer.
“We are excited to partner with Autonomy and its founder Scott Painter to advance our shared mission of providing easy and affordable access to EVs,” said Ramy El-Batrawi, CEO of EV Mobility. “One of the biggest challenges in car sharing historically has been the large balance sheet required to own a fleet of cars, so working with Autonomy, which owns their vehicles, solves a major obstacle in scaling our business and allows us to provide flexible, hourly, and shared access to electric vehicles to more people.”