car-leasing-news car-leasing-subscription-services 
Green Car Congress
JANUARY 24, 2023
This means the suspension of the production of Lightyear 0, the first production solar car. Recently, we launched a waitlist for Lightyear 2 resulting in more than 40,000 subscriptions of individual customers and we already had approximately 20,000 pre-orders from fleet owners. The pre-order entails 10,000 units of Lightyear 2.
Baua Electric
MARCH 14, 2024
Pumpumpum was founded in 2018 by Tarun Lawadia, founder and CEO, and Sameer Kalra, co-founder and CGO, both ex-IITians and senior leasing professionals working on affordable and flexible mobility solutions. However, only about 8% of Indian households (approximately 1 in 12) own cars.
Baua Electric
MARCH 29, 2024
Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Mohammed Turra, Founding Member and Business head of Quicklyz says he expects the leasing market to grow at 15% in the coming years.
Teslarati
OCTOBER 25, 2022
With the advent of connected cars, the emergence of in-car subscriptions seems inevitable. ” The features must also be able to function without ongoing expenses to a “dealer, manufacturer, or third-party service provider.”
Teslarati
JULY 12, 2023
But for companies that have made a business out of renting Teslas to customers on a subscription-based platform, it spells disaster. ” The price cuts affected Autonomy’s business so much that it went through a forbearance process to gain $12 million in new capital and shrunk its workforce significantly from 120 to 45.
Baua Electric
JULY 27, 2023
The micro rentals seem matching to a automobile subscription, which in most cases mix insurance coverage, repairs and car virtue right into a unmarried per month cost. Proponents cite the recognition of subscriptions in alternative nations, equivalent to Germany. AutoNation declined to remark at the program.
Teslarati
JULY 6, 2022
Autonomy , an electric vehicle subscription company that offers customers a quick, affordable, and easy method to drive a Tesla Model 3, is now available in the Google Play Store. The service was formerly exclusive to iOS users. This is the digital experience consumers have been demanding in their car shopping experience,” Bauer said.
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