Autonomy debuts EV subscription service in Austin, TX

After a successful launch in California in early 2022 and recent expansion to Florida and Washington, Autonomy introduced its electric vehicle subscription service in Austin, Texas. After California and Florida, Texas ranks third in EV registrations.

With nearly 30,000 new electric vehicles on the road between 2020 and 2021, Autonomy found that growth and natural demand makes Texas “a compelling state for Autonomy to expand into.”

Scott Painter, Autonomy’s founder and CEO, issued a press statement highlighting the growth of electric vehicles in Texas.

“The EV adoption rate in Texas signals to us that the demand for EVs is even greater and there is a greater need for alternative access options,” he said. “Today, there are more than 156,000 electric vehicles on the road in Texas, including 22,122 in Travis County alone – the highest-ranking electric vehicle county in Texas. These numbers are encouraging and we are excited that the Autonomy service will help drive EV adoption in the second most populous state in the country and increase EV adoption nationwide.”

Austin has more than 1,300 public electric vehicle charging stations, with more than 500 new ones added in the last 90 days. Autonomy highlighted the city’s unique Austin Energy Plug-in Everywhere network subscription plan, which offers unlimited charging for $4.17 per month at any of its 1,000+ Tier 2 charging stations.

During a conversation with Teslarati On Wednesday, Scott Painter shared the types of electric vehicles it will be offering in Austin, along with some additional details.

“Our fleet is mostly Tesla Model 3s and we have a few Modely Ys. Right now we have just under 2,000 cars in the fleet total and I think it’s around 100 Model Ys.”

“In the first quarter we will add VinFast as well as Mercedes and Polestar. These three brands will be part of the offer in all our markets.”

Scott added that he and the Autonomy team are particularly excited about Austin.

“Austin has a much higher EV registration rate than anywhere else in Texas. Everywhere else in the country, people are getting about a percent or two of electric cars. In Austin it’s almost 10%.”

He added that in California it’s about 20%, but Austin and Miami are the top two cities in terms of EV registrations as a measureable number versus non-electric vehicles.

We asked if Tesla’s move to Austin played a role in Autonomy’s decision to start in Austin. Scott pointed out that Tesla’s move likely played a key role in increasing EV registrations in Austin, although it didn’t.

“Our decision was based solely on the evidence of the EV approvals. I’m sure EV approvals in Austin were impacted by Tesla’s decision to be headquartered there. I think Austin feels like they own Elon now, so people who live in Austin feel like they should drive the local car,” he said.

“But we’re just making decisions based on really rational evidence that says this is the time to go to Austin.”

Scott emphasized the affordability of driving an electric vehicle compared to a traditional internal combustion engine vehicle.

“I think we could never have counted on the kind of tailwinds that we’re seeing right now for the shift to electric vehicles. Certainly, when gasoline prices go above four or five dollars a gallon, that’s undeniable. You should drive an electric car.”

Scott noted that you could drive the same number of miles for about an eighth the price.

“The average American is currently getting 20 miles per gallon and driving 1,000 miles per month. That means they’re putting more than $4,000 a year into their car, compared to $800 a year for the same miles, even in a state like California, where we pay almost 20 cents a kWh for electricity. “

He also pointed out that Autonomy is filling the gaps where the cost of buying a new car, especially an electric vehicle, is becoming “out of reach” for many Americans. He also noted that many people are reluctant to buy an electric vehicle because of the Inflation Reduction Act and tax credits.

“Everyone kind of thinks, ‘I’ll just wait for the tax credit to come in.’ Well, in order to qualify for the tax credit, you need to make a certain amount of money and buy a car that contains a certain amount of all American-made products. So Tesla would normally fully qualify, but some of these new entrants don’t.”

Scott explained that as a fleet operator, Autonomy qualifies for all of this and can pass on those savings.

Disclosure: Johnna is a $TSLA shareholder and believes in Tesla’s mission.

Your feedback is welcome. If you have any comments, concerns, or see a typo, you can email me at [email protected]. You can also reach me on Twitter at @JohnnaCrider1.

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Autonomy introduces an EV subscription service in Austin, TX

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