Deloitte Announces Strategic Agreement With Autonomy EV Subscription Service to Provide Sustainable and Accessible Mobility
17 November 2023
Deloitte and Autonomy, a leading automotive subscription company, announced a strategic agreement to accelerate the adoption of electric vehicles (EVs) by making them more accessible and affordable.
This new collaboration expands Deloitte's service offering for clients seeking to bring mobility subscription models to market in less time. Autonomy's scalable technology platform can provide flexible alternatives to consumers outside of traditional loans or leases and can be effectively integrated into a company's existing offerings.
A recent Deloitte report focused on the future of automotive mobility highlighted high prices as a barrier to EV adoption as well as the need for economically inclusive solutions.
Though companies may not be able to control macro-economic drivers, they can offer convenient, digital-first mobility options to monetize vehicles over their lifecycle, unlock new customers, and help meet sustainability targets. Businesses may also benefit from subscription services by offering a lower barrier to entry for consumers looking for a greener mobility solution.
"Electric vehicles are a key enabler of a future of sustainable mobility, yet they are not accessible to many," said Rodolfo Dominguez, managing director, Deloitte Consulting LLP, and U.S. automotive technology practice leader. "This agreement with Autonomy can help businesses adopt and integrate fully digitized, scalable and sustainable mobility solutions. This is another hallmark example of the investment Deloitte is making towards a commitment to sustainability."
According to the same Deloitte report, customer demand is changing towards flexible and usage-based products, with half of surveyed U.S. consumers wanting the convenience that comes with consolidating monthly mobility-related payments. The agreement between Deloitte and Autonomy can help provide an innovative alternative to ownership with a subscription-based service.
"Our goal is to erase the carbon tire tracks of yesterday while charting a sustainable path forward," said Scott Painter, CEO and founder of Autonomy. "Subscription is a testament to our collective commitment to weaving convenience, affordability and environmental responsibility into the fabric of mobility."
More information is available here. Click the following links to view our recent "Future of automotive mobility to 2035" study, "Evolving beyond car ownership" report and "2023 Global Automotive Consumer Study."