The car vending machine is the biggest threat to consumers and businesses alike, as it takes up a third of the space and can be as large as a vending machine.
But it can also be a good way to buy food or make money, as the machines are often stocked with cash.
There’s also the money machine, where consumers can deposit money to pay for things like car repairs.
In fact, many car brands are now selling their vending machines through their website and mobile app.
Al Jazeera’s Rohan Mair, reporting from Mumbai, India, spoke to Carvana co-founder and CEO Arvind Subramanian about the rise of car vending machines, how they affect consumers and how the vending machine industry is changing.
Rohan: What’s the story behind the car vending industry?
Arvind: I am very excited to tell you that car vending is growing rapidly, which means that we need to start thinking about how we can change the way people interact with their cars.
We’re talking about how people can use our car technology to connect with each other, our neighbours, our friends, our families, our co-workers, our neighbors.
So we have to start talking about ways in which we can connect with the people around us and change the behaviour of car owners and drivers.
Rohani: The biggest threat you have to deal with is the car.
What’s your take on the car?
Arind: Well, there’s two types of cars, so it’s very important that the customer knows what they’re getting into.
The first is the basic, the classic, the petrol-electric car, that has no gas or electricity and you drive it in the back of a van, where the fuel is stored.
The second type of car is the electric car, which has no batteries, so you use the electricity to drive it around the city.
The third type of electric car is an electric motorcycle, which you drive at night and in winter.
The fourth type of vehicle is a hybrid, which is the best of both worlds.
But most of the time, it’s the first.
Rohni: What does the future hold for car vending?
Arund: There are many car manufacturers that have tried to create a market for their cars and to take over the traditional car vending business.
The big players are Honda and Hyundai, but they’re trying to build more brands to sell cars and they’re competing with each others’ brands.
So I think that there’s a lot of competition for the future.
The biggest competitor to the car is also the car industry itself, so that is a big threat.
But car vending has been around for decades, so we are in a good position to change the business model.
Rona and Rohan’s conversation has been edited for clarity and length.