DriveItAway Holdings Inc. (OTCMKTS:CLCN) Collaborated with CarVision to Roll Out More Polestar 2 EVs
DriveItAway (OTCMKTS:CLCN) is a key player in automotive dealer new mobility platforms with its revolutionary subscription to purchase technology. The platform allows car dealers to sell more vehicles in a smooth manner via eCommerce, with its Pay as You Go” app-based subscription program. It offers comprehensive turn-key, solutions driven program with proprietary mobile technology and driver app, insurance coverages and training to get dealerships up and running quickly and profitably in emerging online sales opportunities.
Market Stats
On Friday, CLCN stock ended flat at $0.0800 with 50K shares, compared to its average volume of 10K shares. The stock moved within a range of $0.0800 – 0.0800 after opening trading at $0.0810.
DriveItAway Holdings, Inc (OTCQB: CLCN) Partners with CarVision to Roll Out More Polestar 2 EVs
DriveItAway Holdings, Inc. is consistently rolling out its unique electric vehicle subscription to ownership program with the Polestar 2. It is now collaborating with the CarVision dealer group to bring its alternative approach to car buying to a wider audience.
John F. Possumato, Founder & CEO of DriveItAway, comments that automotive retailers have always been partners, and the subscription to ownership technology was originally created as a platform for dealer vehicles. It is only natural to introduce the new EV – drive, love it, buy it program – while partnering with select retailers to scale their unique offering, which could be most suitable for those who are curious about buying an EV, but wanting to drive one for a while before making a purchase.
He further adds that they are elated to work with CarVision to expand their subscription to ownership program in the greater Philadelphia/New Jersey marketplace with the new Polestar 2 EV. Soon, the program will offer a full range of EVs including Chevrolet Bolt/Bolt EUVs, Nissan Leafs and even Ford Escape Plug In Hybrids, throughout the United States.
CarVision is dedicatedly working towards innovating and offering the best quality vehicles at the most affordable prices. Dean Cafiero, Owner & President of CarVision dealer group, is happy to team up with the DriveItAway team and their subscription to ownership platform for Polestar 2 vehicles. It lets them offer new innovation in EV vehicle usage and ownership.
The DriveItAway program provides an “infinite test drive” to full range of consumers, from entry level to luxury buyers. The driver has the right, but not the obligation; to buy the vehicle he or she is driving, with money paid in given back as a bonus coupon towards the purchase.
Key Quote
“Automotive retailers have always been our partners, and we originally created our unique subscription to ownership technology as a platform for dealer vehicles,” says John F. Possumato, Founder & CEO of DriveItAway, “so it’s only natural, as we introduce our new EV ‘drive it, love it, buy it’ program that we partner with select retailers to scale our unique offering, we think, most suitable for those who are curious about buying an EV, but want to drive one for a while before making a purchase commitment. We are delighted to work with CarVision to expand our subscription to ownership program in the greater Philadelphia/New Jersey marketplace with the new Polestar 2 EV.”
Traders Corner
CLCN stock is trading below the 20-Day and 50-Day Moving averages of $0.0961 and $0.1091 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1563.
