Hyundai's Evolve+ is a new month-to-month car subscription program that includes insurance and maintenance for the Kona Electric or Ioniq 5 with no long-term commitment.
The Kona Electric has a starting price of $35,285 for purchase, while the entry-level Ioniq 5 lists for $42,785.
Evolve+ requires a $300 sign-up fee and is open to drivers 25 and older with a clean record and a credit score of 650 or higher.Both allow for 1,000 miles of driving each month. Unused miles roll over to the next month if the account is kept active, but there's a $20 charge per increment of 100 miles until 1,500 miles and anything over that costs $1 per mile.
Several automakers have tried various subscription models with mixed success. GM canceled its Book by Cadillac service after a two-year trial in 2018, but Volvo and Porsche still offer vehicles through subscription plans. Participating dealers can be located through the Hyundai Evolve+ app and are free to set the final prices independently, as franchise laws allow.
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