Why you should read this car subscription report
- Subscription-based mobility services will account for closer to 30% of new car sales by 2030 — or double the current estimates
- Subscription offers consumers and fleets flexibility to try electric vehicles. Loopit is expecting 90% of subscribed vehicles on its platform to be electric by 2030 – that’s just seven years away
- Car subscription should be considered as part of an omnichannel strategy for fleet and retail customers
The 2023 Global Car Subscription & New Mobility Report in detail
This in-depth report from Loopit is available to download now. The 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
- The value of car subscription for fleet and lease providers
- How Cazoo’s exit leaves a vacuum waiting to be filled by fast followers
Who is Loopit?
Loopit provides the software to power car subscriptions, enabling leasing brokers to offer subscription services. An Australian company originally, Loopit is expanding globally and growing in the UK. It was founded by brothers Michael and Paul Higgins as a digital car dealership called HelloCars before pivoting to become one of the fastest growing car subscription providers.
Automotive and fleet writer for Broker News
