Today’s Solutions: April 28, 2024

With the electric vehicle market expanding at a steady pace, drivers now have a considerably wider range of electric cars to choose from. But what if people are hesitant to buy this expensive new technology? Well, Los Angeles-based car startup Canoo seems to have the answer: a subscription-only electric vehicle.

Expected on the roads by 2021, Canoo’s car is set to open the doors for more people to interact with the novelty of the electric vehicle revolution, thanks to what should be a more affordable subscription-only approach that would include registration, maintenance, insurance, and charging. Canoo aims to “free its customers from the burden of ownership” by making the subscription a one-month payment that has no set end date, according to the company.

Described as an “urban loft on wheels”, the vehicle has seven seats that look more like a sofa than traditional car seats, and its overall design centers around functionality. For example, while the driving components are built into the car, riders use their own phone to control things that don’t actively move the vehicle, such as navigation, music, heating, and cooling.

To take a glimpse at this futuristic transportation concept, look no further.

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