SANTA MONICA, Calif., September 20, 2022 — Autonomy, the nation’s largest electric vehicle subscription company, today published the first issue of its electric vehicle market report: a comprehensive analysis on the state of the global electric vehicle market, with a focus on the U.S. market.
Worldwide demand for electric vehicles continues its unstoppable climb despite the increasing headwinds from supply-chain constraints, rising interest rates, inflation, and geopolitical instability. Autonomy’s EV Market Report highlights the major players, the challenges, the trends, and more in the global transition to electric vehicles.
“We are about to witness a 1,000% increase in EV sales in the U.S. within this decade. The transition from internal combustion engine vehicles to electric vehicles is nothing short of being one of the biggest transformations in not only mobility, but also personal technology,” said Scott Painter, founder and CEO of Autonomy. “As operators of the largest electric vehicle subscription company in the country, our EV Market Report represents our commitment to being students of the EV market and sharing our knowledge with the automotive industry, local, state, and federal government officials, and consumers.”
Topics covered in detail include the following:
- Global and U.S. EV market share and forecast through 2030
- Current and future EV production by automaker
- State of EV charging Infrastructure
- EV market share by brand and automaker
- EV efficiency rankings
- Guide to federal and state level EV incentives
- Used EV pricing, supply, lease returns, fleet sales, and residual values
- EV and ICE cost of ownership analysis
- EV distribution channels
In this issue, we have also included sections on the vehicle subscription model and how it helps increase electric vehicle adoption by making access to EVs easier and more affordable.
"The EV race is on. While today Tesla is synonymous with electric vehicles, 130 new electric vehicle models will be available by 2026, offered by over 40 different brands," said Georg Bauer, president and co-founder at Autonomy. "It's an exciting time to work in the automotive industry and an even more exciting time to be a consumer."
“Our goal with this report is to guide decision makers in this very dynamic marketplace, assist media with interesting angles and analyses, as well as empower consumers with the most current trends and data available in the EV segment,” said Jesse Toprak, chief analyst at Autonomy.
Autonomy’s EV Market Report is available to download for free here: www.autonomy.com/company/evmarketreport
Scott Painter, Georg Bauer, and Jesse Toprak are available for media interviews on any topic included in this report. Contact the Autonomy Public Relations team at press@autonomy.com for media requests, including commentary and bespoke analysis.
ABOUT AUTONOMY
Autonomy is a technology company on a mission to make access to mobility easy and affordable through car subscriptions. The company was founded by auto retail, auto finance, and auto insurance disruptors Scott Painter and Georg Bauer, who founded Fair, the first-ever used-vehicle subscription offering, pioneering the Car-as-a-Service (CaaS) category. Building upon that experience, Autonomy has created a turnkey vehicle subscription platform for consumers and the automotive industry that enables vehicle subscriptions to scale profitably and become a mainstream alternative to traditional car buying. Autonomy is innovating through technology, finance, and insurance to power car subscriptions for the battery, electric vehicle, and zero-emissions vehicle sectors. Autonomy relies on partnerships with automakers and brick-and-mortar car dealerships to provide benefits to both consumers and the industry. Autonomy represents freedom from long-term debt, freedom from long-term commitments, and even freedom from 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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Autonomy Public Relations Contacts:
Shadee Malekafzali
Head of Investor Relations and Corporate Communications
shadee@autonomy.com
Matt Swope
Corporate Communications Manager
matts@autonomy.com
