[Loopit #010] ??ocay invests €10m in Polestar models ???? Toyota NZ offers pilot subscription program

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.?

CAR SUBSCRIPTION MARKET UPDATE

Austrian car subscription startup ocay Autoabo GmbH invests €10m in 200 Polestar models including the new Polestar 3 to expand its e-mobility fleet. (trendingtopics)?

Toyota New Zealand Limited launches trial subscription program under the Toyota Mobility Project aimed to roll out out mobility services nationwide. (Driven)?

Amsterdam-based godrive offers a car subscription service raises €4M in funding. (Silicon Canals)?

German car subscription provider ViveLaCar expands its car subscription offering with new motorhome inclusion. (Presse Portal)?

Fiat CEO announces that Stellantis is planning to explore subscription when it launches its all-electric Fiat 500e in the U.S. in the first quarter of 2024. (Tech Crunch)?

Renault has launched an all-inclusive subscription service for its new Megane E-Tech electric vehicle through its subscription arm, Bipi - Car Subscription . (AM Online) ?

Australian car subscription service Karmo purchases $17m worth of electric cars for their subscription fleet. (Herald Sun)?

通用汽车 Senior Vice President of Strategy and Innovation claims that the company expects to earn at least $20 billion annually from subscriptions within the next decade. (CBT News)

JUST RELEASED: NOVEMBER 2022 VEHICLE SUBSCRIPTION UTILISATION INDEX

Loopit.co has released the second monthly report of the Vehicle Subscription Utilisation Index (VSU Index) for November 2022. Read the full report to get insights into the latest movers across the Loopit network.?

DOWNLOAD NOW: 2023 GLOBAL CAR SUBSCRIPTION & NEW MOBILITY REPORT

The 2023 Global Car Subscription & New Mobility Report from Loopit.co is now available to download. Complete with unique mobility insights, in-depth 2023 Loopit.co report explores:?

• The latest consumer insights and trends for new mobility
• The latest car subscription fleet utilisation trends
• The role of car subscription in proliferating electric vehicle adoption
• How dealers can capitalise on Cazoo's exit from the subscription market
• The value of car subscription for fleet and lease providers

Download the full report here.

LAUNCH A CAR SUBSCRIPTION SERVICE

Loopit.co?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.