Electric Vehicles
Tesla, GM Score Biggest Share of $1.2 Billion EV Order From Startup Autonomy
- Autonomy building fleet of 23,000 batter-powered vehicles
- Order represents 1.2% of projected EV production in US
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Tesla, GM, Volkswagen and Ford are among the automakers set to get big orders from Autonomy, a startup offering drivers the option of subscribing to an electric vehicle instead of buying one outright.
Autonomy plans to announce Tuesday that it’s ordering nearly 23,000 EVs from 17 different automakers for a total outlay of $1.2 billion. With chip shortages limiting production capacity at most automakers, it’s unclear how soon such a fleet could be amassed. The order represents 1.2% of the projected US electric vehicle production through the end of next year.