“Canoo, a Los Angeles-based company, has unveiled its eponymous flagship vehicle: the world’s first subscription-only electric vehicle.

The carmaker decided to make their vehicles a one-month payment subscription service in order to “free its customers from the burden of ownership,” according to the company. The subscription prices include registration, maintenance, insurance, and charging.

The company describes the car, which can seat up to seven people, as an “urban loft on wheels” with seats that look more like a sofa than traditional car seats…”

Read More: https://www.businessinsider.com/canoo-unveiled-worlds-first-subscription-based-electric-vehicle-2019-9?r=US&IR=T&utm_source=reddit.com