Hyundai announces Evolve+ EV subscription program
Hyundai Motor America in partnership with Hyundai Capital America announced its new Evolve+ electric vehicle subscription service.
The new program, which will solely focus on electric vehicles, is a month-to-month subscription service that covers 1,000 miles, insurance, maintenance, registration, and road-side assistance at a starting price of $699 per month for a Kona Electric and $899 per month for an IONIQ 5. The subscriber can cancel at any time during each subscription period.
Users start the process by downloading the Evolve+ app, to later reserve a vehicle, select terms, and pick it up from the dealership. The program is live at dealerships in the following cities: Boulder, Colorado; Westminster, Colorado; Hillsboro, Oregon; Florence, South Carolina; Clarksville, Maryland; Marlton, New Jersey; and Holyoke, Massachusetts. Additional dealerships in other states are expected to come online throughout the year.
All Evolve+ vehicles come with liability, collision, and comprehensive insurance provided by Liberty Mutual.
“With no paperwork, no commitment and no long-term loan, Evolve+ is an optimal solution for the ‘EV-curious’ car shopper. We’ve prioritized simplicity and flexibility with the subscription process, allowing customers to place orders and renew on their own terms on their own time all via smartphone. We are hoping that by offering a subscription-based option, we will increase EV adoption and awareness as customers transition into an EV future.” – Olabisi Boyle, vice president, product planning and mobility strategy, Hyundai Motor North America.
“As we know, living with an EV is really an educational process. Evolve+ gives our customers the opportunity to try an electric vehicle and see if it is right for their lifestyle. Evolve+ makes it really easy for a consumer to drive an EV in a more flexible way.” – Gary Rome, president Gary Rome Auto Group: Gary Rome Hyundai and an Evolve+ pilot dealer.