[Loopit #002] ?? Loopit named as Top 50 startup ?? Autonomy announces $1.2B EV fleet order

Read on for our fortnightly recap of all things car subscription, including the latest market news and updates from our team of automotive experts, trends and insights from across the Loopit.co network, as well as the latest product releases and features. 

LOOPIT MOST SUBSCRIBED MAKES (GLOBAL)

Based on Loopit global data for the past two weeks compared to the previous period. 

LOOPIT MOST SUBSCRIBED MODELS (GLOBAL)

Based on Loopit global data for the past two weeks compared to the previous period. 

LOOPIT PLATFORM UPDATES

In the latest product news from Loopit, we've released an anticipated feature this week, allowing users to: 

• Customise, edit and update your subscriber agreement simply by uploading their own Word document 

Read the full product update here.

CAR SUBSCRIPTION MARKET UPDATE

Loopit.co has been named among Australia's Top 50 startups by Crunchbase following our recent $3.6M seed round led by Tidal Ventures. (The Daily Telegraph) 

US car subscription service Autonomy has ordered 22,790 BEVs from 17 different automakers. (Electrive)

Autonomy has partnered with Liberty Mutual Insurance and DigiSure to provide a completely digital, month-to-month vehicle insurance product as part of their car subscription bundle. (Business Wire)

South African car subscription provider Planet42 reports that it has scaled its vehicle subscription fleet by 10x in 30 months. (TechCabal) 

German used car platform AutoScout24 has launched a car subscriptions marketplace allowing users to compare all offers from leading providers in Germany. (AIM Group)

Canadian EV subscription provider Steer EV partners with Enterprise Fleet Management to provide over 1,000 EVs for subscription. (Electrek) 

LOOPIT LATEST INSIGHTS

How does car subscription compare to company car allowances?

Despite popularity around company car allowances, Loopit discusses why recent economic uncertainties have seen employees shift their preference to more flexible mobility solution such as car subscription. Read more.

How to manage credit checks for your car subscription service 

Despite assumptions that car subscription services attract poor credit scores, this is far from the truth. Loopit highlights how our platform can help manage your credit checks to safeguard your vehicle assets. Read more. 

WEBINARS & EVENTS

On Demand Webinar: Expanding your fleet opportunity with car subscription

Missed the Loopit.co webinar on expanding your fleet opportunity with car subscription? The replay is now available now to watch on demand. Watch the webinar to learn about:

• How car subscription compares to leasing and rental
• The benefits of subscription-based solutions for business
• The role of car subscription in extending vehicle life strategy for fleet providers
• The market conditions driving car subscription globally

Watch on demand now.

LAUNCH A CAR SUBSCRIPTION SERVICE

Loopit drives car subscription management and billing solutions for automakers, dealerships, fleet and rental companies. Our all-in-one platform that is entirely configurable is the fastest and easiest way to launch a car subscription service. Get started with Loopit.