M&A Deal Summary

Autonomy Acquires EV Mobility

On September 8, 2023, Autonomy acquired consumer services company EV Mobility

Acquisition Highlights
  • This is Autonomy’s 1st transaction in the Consumer Services sector.
  • This is Autonomy’s 1st transaction in the United States.
  • This is Autonomy’s 1st transaction in California.

M&A Deal Summary

Date 2023-09-08
Target EV Mobility
Sector Consumer Services
Buyer(s) Autonomy
Deal Type Add-on Acquisition

Target

EV Mobility

Los Angeles, California, United States
EV Mobility is an all-electric vehicle car-sharing platform. EV Mobility operates a B2B car-share business that partners with high-end property owners and luxury hotels to provide flexible (hourly/daily) access to an EV as an amenity to their customers. The hotel/property owner covers the monthly cost of the vehicle, insurance, and charging infrastructure. EV Mobility is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Autonomy

Santa Monica, California, United States

Category Company
Founded 2020
Sector Consumer Services
DESCRIPTION

Autonomy uses technology to accelerate the adoption of electric vehicles by making them more accessible and affordable. Easier to qualify for than a lease, its low commitment, 100% digital solution allows people to pay monthly on their credit card and aims to get more people driving EVs who otherwise might not be eligible or interested in traditional lease or loan products. Autonomy was formed in 2020 and is based in Santa Monica, California.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1