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# Subscription-Only Electric Cars
Canoo Has Customers Pay a Monthly Fee to Use Its EV

By Laura McQuarrie | Published 2019-09-26 | Autos
Source: Trend Hunter, https://www.trendhunter.com/trends/canoo
References: [digitaltrends](https://www.digitaltrends.com/cars/canoo-electric-car-for-subscription-services-photos-specs-launch-date/) & [canoo](https://www.canoo.com/)

[Canoo](https://www.trendhunter.com/trends/canoo-anyroad) created an electric vehicle that is only available for members of its [subscription service](https://www.trendhunter.com/trends/vehicle-service), as paying a once-a-month fee covers the cost of the vehicle itself, plus insurance and maintenance. The EV appeals to a younger demographic of consumers who are drawn to the commitment-free subscription model and want to avoid going through a dealership, as everything is conducted via an app.

With its unique system, Canoo makes it possible for drivers to get familiar with the [electric car experience](https://www.trendhunter.com/trends/model-3-standard), and address concerns like the ease or difficulty of getting to a charging station.

The design of the Canoo vehicle itself boasts a pod-like shape and a spacious interior that was created to feel like an "urban loft on wheels."

## Trend Insights (Trend Hunter)

- Score: 5.0/10
- Popularity: 73% | Activity: 67% | Freshness: 9%
- Audience gender: 70% men, 30% women
- Primary generations: Millennial
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Autos](https://www.trendhunter.com/autos)

## Key Themes

### Why This Trend Is Growing

- **Subscription-only Electric Cars:** Canoo's subscription-based electric vehicle model disrupts the traditional car ownership model and appeals to younger consumers looking for commitment-free options.
- **Commitment-free Subscription Model:** Canoo's app-based subscription service offers an innovative way for consumers to access electric vehicles without going through a dealership, providing a hassle-free experience.
- **Addressing Electric Car Concerns:** Canoo's unique system allows drivers to address concerns such as access to charging stations and overall convenience of using an electric vehicle.

### Industries Being Reshaped

- **Automotive:** The automotive industry can explore subscription-based models as a disruptive innovation opportunity to attract younger consumers and adapt to changing preferences.
- **Technology:** The technology industry can develop app-based platforms and services to enable subscription-based access to various products, such as electric vehicles, for a wide range of industries.
- **Transportation:** The transportation industry can leverage subscription-based electric vehicles to address concerns like charging infrastructure while providing more accessible and convenient transportation options.

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