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Hyundai Announces Evolve+ EV Subscription Program at the Chicago Auto Show

Hyundai Announces Evolve+ EV Subscription Program at the Chicago Auto Show
  • Program Provides Flexible Access to Electric Vehicles
  • One Monthly Price Includes Vehicle, Insurance, Roadside Assistance and Maintenance
  • Fully Digital Experience with Hyundai Evolve+ App
  • Evolve+ is Meant to Attract the “EV-Curious” Audience, and Attract First-time EV Customers with Popular IONIQ 5 and Kona Electric Models
  • Starting in Seven Cities Across Six States with Plans to Expand
  • Hyundai Motor America has Built Evolve+ in Partnership with its Dealers

CHICAGO, Feb. 9, 2023 /PRNewswire/ — Hyundai Motor America in partnership with Hyundai Capital America today announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show. This new service provides flexibility and affordability to the consumer who wants to drive Hyundai’s newest electric vehicles without committing to a purchase or longer-term lease. Evolve+ 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.i The subscriber can cancel at any time during each subscription period and there is no long-term commitment required. Other subscription services require customers to lock into a 3- to 5-month minimum term. Evolve+ is currently available at select dealerships in six states with plans to add more by the year’s end. Consumers can find available dealers within the app.

“With no paperwork, no commitment and no long-term loan, Evolve+ is an optimal solution for the ‘EV-curious’ car shopper,” said Olabisi Boyle, vice president, product planning and mobility strategy, Hyundai Motor North America. “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.”

There are also so many reasons why customers might need a car for a short term­ — “snowbirds,” who need a car in their winter home, a college student home for the summer, a worker on remote assignment, among many other consumer situations.

“As we know, living with an EV is really an educational process,” said Gary Rome, president Gary Rome Auto Group: Gary Rome Hyundai and an Evolve+ pilot dealer. “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.”

With this complete, “turnkey” package, Evolve+ is priced very competitively compared to a traditional lease or purchase. It’s much less expensive than a daily car rental, by about half. If Evolve+ customers like their experience, and want a long-term commitment, the Hyundai dealer can lease or sell them the vehicle.

Differentiated Product Offering Provides Greater Consumer Access to EVsii

2022 IONIQ 5 SE RWD

Purchase

Lease

Rental

Evolve+

Monthly Payment

$850

$609

$2,479

Variable from $899

Acquisition / Activation
Fee

$-

$650

N/A

$300

Disposition Fee

$-

$400 (one time)

N/A

$-

Monthly miles allowed

Not Limited

1,000

Unlimited

1,000

Required Commitment

6 years

3 years

28 days

28 days

Hyundai Evolve+ offers consumers a unique digital buying experience, allowing them to select their vehicle and payment terms through a custom app. Then the customer can simply go to the dealership to pick the vehicle up. It is a no haggling, stress-free delivery experience.

Hyundai Motor America has built Evolve+ in partnership with its dealers. That’s an important distinction, as it gives Evolve+ customers the benefit of working with a respected local business that’s responsible for the vehicle’s initial condition and maintenance.

How it Works

  • Customers simply download the Evolve+ app from Google Play or the Apple Store to their smartphone
  • Customers start by searching for a vehicle by price and zip code, then select a model from inventory and choose a monthly term that can easily be renewed
  • The price is clearly displayed and there is no need for negotiation
  • Next, they login to their account or create a new account
  • The customer follows in-app instructions to qualify
  • The customer then pays for the subscription using a credit card 
  • The payment via credit card reserves the vehicle
  • A pickup time at the dealership is chosen

Hyundai Motor America
Hyundai Motor America focuses on ‘Progress for Humanity’ and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles. Our 830 dealers sold more than 724,000 vehicles in the U.S. in 2022, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

i Eligibility requirements include the following: 25 years of age or older – At least 3 years of recent driving history and clean driving record – Credit score of 650 or higher – Valid US driver’s license – Valid credit card in your name (Debit/Prepaid cards are not accepted)

The 28-day monthly term includes 1,000 miles. If you exceed 1,000 miles in 28 days, your account will be automatically charged an additional $20.00 per increment of 100 miles until 1,500 miles. Thereafter, every mile in excess of 1,500 will be charged at a rate of $1.00 per mile. However, if you use less than your allotted 1,000 miles in 28 days, your unused miles will automatically roll over if you renew your subscription. 

ii Monthly payment based on 2022 IONIQ 5 SE RWD at MSRP of $47,125 sold to well-qualified buyer and financed through Hyundai Motor Finance at annual percentage rate of 6.20{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} over a term of 6 years.

Lease monthly payment based on 2022 IONIQ 5 SE RWD at MSRP of $47,125 leased to well-qualified lessee and leased through Hyundai Motor Finance over a term of 3 years.

Monthly rental fee based on rental of full-sized EV with rental for 28 days. 

iii Sample screen shots for included for illustrative purposes only.

SOURCE Hyundai Motor America

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Chicago White Sox play game, speak out

Chicago White Sox play game, speak out
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Weekly Auto News Wrap-up From Larry Nutson, The Chicago Car Guy

Weekly Auto News Wrap-up From Larry Nutson, The Chicago Car Guy


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AUTO CENTRAL CHICAGO – April 24, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Auto Channel Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million-page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending April 23, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* Earth Day, the annual event intended to demonstrate support for environmental protection, happened this week on Friday April 22. First held on April 22, 1970, it now includes a wide range of global initiatives. A multitude of car makers touted their plans and support to try and address the climate challenges before us.

* U.S. Doe factoid of the week: Volumetric energy density refers to the amount of energy that can be contained within a given volume. Increasing the volumetric energy density of batteries allows electric vehicles (EVs) to travel further without increasing the size of the battery pack. Conversely, it can allow an EV to travel the same distance with a smaller battery pack, thus saving space, weight, and manufacturing costs. Given the enormous benefit of increasing the energy density of batteries for EVs, there has been heavy investment in battery development by the Department of Energy and private industry that has yielded impressive gains. In 2008, lithium-ion batteries had a volumetric energy density of 55 watt-hours per liter; by 2020, that had increased to 450 watt-hours per liter.

* Did you know listening to Beethoven can help EVs go farther? An experiment conducted on behalf of Kia UK found that drivers who listened to classical music drove more efficiently while up-tempo pop songs drained the battery faster. We guess many EV drivers will need to come up with a new road trip playlist.

* General Motors, together with its subsidiary that builds commercial electric delivery vans, announced on Friday that BrightDrop Zevo 600 driver Stephen Marlin achieved the Guinness World Records title for greatest distance traveled by an electric van on a single charge when he drove the Zevo 600 from New York City to Washington, D.C., a trip of nearly 260 miles. Marlin was transporting a shipment of sustainable cleaning products from Full Circle, a brand of sustainable home care products, and a customer of FedEx. The Zevo 600, formerly called the BrightDrop EV600, has up to 250 miles of range. Marlin completed the near 260-mile trip on a single charge.

* The Wall Street journal reports utilities are expected to spend $140 billion annually in 2022 and 2023 to upgrade electrical grids, far exceeding yearly investments seen in the past 20 years, the Edison Electric Institute reports. The upgrades are in anticipation of higher demand stemming from a reduction in reliance on fossil fuels, increased use of electric vehicles and a drive to improve resilience to severe weather conditions related to climate change.

* Reuters reports the U.S. Environmental Protection Agency’s latest carbon report says transportation is the No.1 source of carbon dioxide from the U.S. economy, emitting 34{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} more than industrial consumers of energy. Transportation generated more climate emissions than power generation. For all the attention paid to Tesla and other EV manufacturers, petroleum fuels accounted for 94.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of the energy consumed by transportation in 2020, the EPA found. Transport emissions decreased between 2019 and 2020. That was mainly because the pandemic put the economy into a temporary coma. Automakers get a lot of attention from climate policy makers who want to ban internal combustion. This is why.

* U.S. News & World Report announced the 2022 Best Hybrid and Electric Cars. U.S. News evaluated 82 vehicles and named winners across eight categories. Toyota had the most wins of any brand, winning the Best Hybrid Car award with the Toyota Prius and the Best Hybrid SUV award with the RAV4 Hybrid. The Kia EV6 won the Best Electric Vehicle award, and the Hyundai Tucson Hybrid won the Best Plug-In Hybrid award. Learn more here: https://www.usnews.com/info/blogs/press-room/articles/2022-04-22/u-s-news-announces-the-2022-best-hybrid-and-electric-cars

* Speaking of battery electric vehicles (BEV), or not! Toyota will invest $383 million in four of its U.S. manufacturing plants that build the “heart” of new Toyota and Lexus vehicles. The new investment supports the production of four-cylinder engines, including options for hybrid electric vehicles, at its Alabama, Kentucky, Missouri and Tennessee plants. And you’ll recall that Stellantis recently introduced its new Hurricane 4-cylinder engine in two horsepower ratings. So yeah, it appears the future is not all BEVs.

* Lexus revealed the all-new 2023 RZ 450e, the luxury brand’s first global Battery EV (BEV) at a digital, online premiere. A new all-wheel drive system called DIRECT4 and a new steering control and available Steer by Wire system are featured. The 2023 Lexus RZ 450e is expected to go on sale towards the end of 2022.

* The Lincoln Star Concept made its global debut, hinting at the brand’s design language for its future electric vehicles. Lincoln will deliver three new fully electric vehicles by 2025, adding a fourth by 2026. More than half of Lincoln’s global volume is expected to be all-electric vehicles by mid-decade.

* A new report by Mckinsey says: “In a scenario in which half of all vehicles sold are zero-emission vehicles (ZEVs) by 2030—in line with federal targets—we estimate that America would require 1.8 million public EV chargers and 28 million private EV chargers by that year.2 All told, the country would need almost 20 times more chargers than it has now.” Read more here: https://www.mckinsey.com/industries/public-and-social-sector/our-insights/building-the-electric-vehicle-charging-infrastructure-america-needs

* Gasoline prices are dropping, but slowly. The national average for regular gas is $4.08 per gallon. Diesel fuel average is $5.03 per gallon. The process drops is coming from the release of one million barrels of oil a day from the U.S. oil reserves.

* Toyota and Lexus are recalling more than 458,000 vehicles for a stability control software glitch that could disable the system. Affected Toyota vehicles include the 2020-22 Highlander Hybrid, the 2021-22 Mirai, RAV4 Prime, Venza and Sienna, and the 2022 RAV4 Hybrid. Lexus models affected are the 2021-22 LS 500h and the 2022 LX 600, NX 350h and NX 450h Plus.

* Ford is recalling nearly 653,000 trucks and SUVs, including the 2020-2021 Ford F-150 pickup truck, 2020-2021 Ford Expedition and Lincoln Navigator SUVs, and 2020-2022 Ford Super Duty F-250, F-350, F-450, and F-550 trucks, because their windshield wipers may suddenly stop working or even detach.

* Randy Pemberton, a well known television personality in the 1980s and 1990s, perhaps best known for hosting “Inside Winston Cup Racing”, died last week. He was 62. Randy had neck surgery last week and returned home Friday afternoon, but passed away unexpectedly that night.

Stay safe. Be Well.

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Fashion Fair Cosmetics Receives Makeover, Returns to Stores | Black Voices | Chicago News

Many Black women may be familiar with the cosmetics brand Fashion Fair — founded in 1973 by Eunice Johnson, wife of John Johnson, the Black publishing magnate behind Ebony and Jet magazines.

Though the publishing house is no longer what it used to be, new ownership has given Fashion Fair its own makeover and returned it to store shelves.

“We’re the queen,” said co-owner Desiree Rogers, who bought the company along with fellow former Ebony executive Cheryl Mayberry McKissack. “We started 56 years ago, you know, and we were, if not the first, close to the first. And we’ve always focused on darker skin tones. It wasn’t novel. It wasn’t something that, you know, we thought like, ‘wow, isn’t this hip and cool to do, let’s be politically correct.’ It didn’t exist.”

Founded in 1973, Fashion Fair catered to black women who could afford the department store prices for cosmetics that suited their spectrum of skin tones.

“So for me, it was my first makeup. It was the first makeup my mother allowed me to use and so that is a big deal in any girl’s life because all of us when we’re young, we want to wear something!” Rogers said.

Packaged in iconic pink tubes and compact cases, the brand was seen on hundreds of Ebony Fashion Fair models, as well as fashion show audience members, over the years.

But as Johnson publishing was filing for bankruptcy in 2019, it sold Fashion Fair to former executives Rogers and McKissack.

The business duo, along with another partner, scooped it up with plans of returning it to its former glory.

“So the opportunity to take the historical legacy that Fashion Fair has been known for around the world, certainly all work Mrs. Johnson did bringing Fashion Fair into the marketplace, it’s wonderful,” said Mayberry McKissack. “But yet a little bit scary because, you know, there’s a history and there’s a legacy and you know, we’ve got to make sure that we do it right.”

Chicago-native and celebrity makeup artist Sam Fine returned to help redevelop the product.

Today’s Fashion Fair is vegan and includes natural additives like vitamin C and green tea extract to provide a skin-care benefit.

A range of lipsticks and foundations — in both new and legacy colors — are now presented in white and gold packaging, perched on the shelves of retail beauty giant, Sephora, instead of department store counters.

“Being able to say that you can go to this gondola and find something for your cousin, your sister and your aunt, I think is unique because many of the brands, even in their shade extensions don’t really speak to the nuances of, of coloring that that speak to us so beautifully,” Fine told WTTW News.

But Fashion Fair’s comeback arrives at a time when women of color already have far more choices than in the late 20th century.

Heritage brands have extended their lines to include darker shades, and Rihanna’s all-inclusive Fenty beauty line has sold enough to turn the popstar into a billionaire business mogul.

Research shows that Black women alone spent about $1.3 billion on color cosmetics in 2020 — down from nearly $1.7 billion in 2019, likely because of the pandemic.

Rogers and McKissack say while there’s room for everyone, Fashion Fair is the original — and its new makeover is for those who knew it when, and fresh faces who can get to know it now.

“They’re also gonna see us and I think in a very different way and it really is about us really focusing on women with darker skin tones. That’s our number one focus: we don’t do anything else,” McKissack said.

The pair also co-own Black Opal cosmetics, a mass-market brand designed for Black women, sold in drug stores and Ulta.

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Chicago, Los Angeles embrace universal basic income

FOX Business’ Grady Trimble studies on what the payments will be and when the applications will get started. 

Chicago and Los Angeles will start universal essential earnings pilot programs. 

Los Angeles will pay out $1000 to 3200 households each month, even though Chicago will deliver $500 to 5000 households. The plans will value $40 million and $31.5 million, respectively, in accordance to FOX Business reporter Grady Trimble. 

Applicants for the Chicago application will be decided on at random but ought to make much less than $35,000 a calendar year to qualify. Apps have not yet opened, but the mayor’s place of work will give a lot more aspects in advance of the program’s 2022 start, a spokesperson for the mayor’s business instructed FOX Business enterprise. 

“The monthly cash support pilot will aim on very low-earnings Chicago inhabitants,” the spokesperson reported. “Now that City Council has approved us to move forward with designing this method, we will be functioning intently with aldermen, layout and plan gurus, and folks who have knowledgeable poverty to make certain the system meets the mayor’s aim of mitigating the impacts of poverty on Chicago families.”

Mayors Eric Garcetti and Lori Lightfoot have hailed the courses as the important stage to “carry” people today out of poverty, but critics have qualified the applications as an illustration of procedures that disincentivize operate amid a labor lack. 

COSTCO REPORTEDLY RAISES Bare minimum WAGE TO $17 AN HOUR

“There are still thousands and thousands of small-experienced employment out there, and you have compact business proprietors who just can’t uncover personnel to join their corporations,” explained Michael Faulkender, who served as an assistant treasury secretary for economic policy during the Trump administration. 

The very first this kind of system commenced in Stockton, California, with regular monthly stipends to 125 residents in 2019, The Washington Submit described. 

BIDEN PITCHES REVAMPED MILLIONAIRES TAX, World Least TO FUND $1.75T Paying out Monthly bill

Then-Mayor Michael Tubbs pointed out that most recipients put in at the very least a 3rd of the stipends on food items. 

Close to 40 other metropolitan areas have regarded as plans to start UBI systems, like Denver, Newark, Pittsburgh, San Francisco and New Orleans, in accordance to Mayors for a Guaranteed Cash flow. 

US Economic Growth FALLS Brief OF Expectations AS Consumer Paying out SLOWS

Saint Paul, Minnesota, accepted a basic-cash flow pilot method last year, and Oakland, California, is accepting applications for its very own method, Company Insider documented. 

Mayors system to use some of the coronavirus stimulus bundle resources to make the payments in the pilot plans, but some critics believe that will build a wrong perception of the program’s achievable results.

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Alternatively, critics argue that the only way to grow the plan or shell out for it past 2024 would be to boost taxes on town people. 

The payments will keep on for a yr, at which point the metropolitan areas will evaluate the accomplishment and figure out following methods for the application.