WaiveCar will have a fleet of 150 Ioniq Electric models by mid-2017, and people in L.A will be able to drive them for free.
Hyundai is getting very serious about the green vehicle market by planning to offer 28 alternative-fuel models by 2020, and a newly announced deal at the Los Angeles Auto Show with car sharing company WaiveCar gives folks in the L.A. area an easy opportunity to experience the brand’s latest EV in that onslaught. People can reserve an Ioniq Electric from their smartphone starting in January and then drive it for free for up to two hours, which should be plenty of time for a thorough test.
WaiveCar’s unique business model runs on advertising, which subsidizes the costs for drivers. The company's fleet of electric vehicles feature promotional wraps on their bodies and have roof-mounted digital displays that can show geo-targeted ads. People can drive these mobile billboards for up to two hours at no charge and pay $5.99 for each subsequent hour. Currently, users must pick up and return the cars to a certain section of Santa Monica, California, and must stay within a 20-mile radius of there, which still covers a large portion of L.A.
WaiveCar’s fleet of 150 Ioniq EVs hit the road in L.A. throughout the first half of 2017. The company is also looking at expanding into three more cities next year, which would add 250 more Ioniqs to the firm’s offerings.
The Ioniq Electric compact five-door hatchback arrives at dealers across the United States before the end of 2016. It offers drivers an EPA-estimated range of 124 miles (200 kilometers) from a 28 kilowatt-hour battery. A Hyundai EV capable of longer driving distances should arrive by 2020. The automaker is also introducing hybrid and plug-in hybrid variants of the Ioniq in the U.S. before the end of next year to fill out the lineup.
HYUNDAI TEAMS UP WITH WAIVECAR TO OFFER IONIQ ELECTRIC VEHICLES AS PART OF FREE CAR-SHARING PROGRAM
Consumers Will Be Able to Access New IONIQ Electric Compact Cars On-Demand and Free of Charge in Los Angeles Starting January 2017
Los Angeles, Nov. 16, 2016 – Hyundai Motor and WaiveCar, the world’s first all-electric car-sharing program that runs on advertising dollars, today announced a partnership that will expose millions of shoppers to the all-new Hyundai IONIQ electric compact car for free.
The partnership, proposed by WaiveCar as part of Hyundai’s Project IONIQ open call, gives consumers the ability to drive IONIQ EVs on-demand for two hours at no charge. In exchange, the vehicle is wrapped in advertising and includes a roof mounted digital display, which generates the advertising revenue WaiveCar uses to offset costs. WaiveCar's digital displays are 4G connected enabling dynamic, geo-targeted advertising tailored to ones driving location and time of day. For example, while sitting in morning traffic on the 405 freeway, the ad could read, “This commute would be a lot more comfortable in a Hyundai IONIQ.”
“WaiveCar presents some great solutions for us,” said Mark Dipko, director of corporate planning and strategy at Hyundai Motor America. “The IONIQ offers emissions-free transportation to on-the-go Angelenos. This partnership allows us to reach potential customers and give them the opportunity to test drive our outstanding IONIQ electric while generating awareness for the IONIQ brand at the same time.”
The program, which will launch in early 2017, is Hyundai’s first large-scale involvement in car-sharing and is aimed at making it easy for those without a vehicle to access short-term, free, and engaging transportation. Customers can simply download WaiveCar's app for iPhone or Android, find an IONIQ near them, book it and start driving — no cards or keys necessary. WaiveCar then unlocks the door for consumers remotely, where they can find the keys inside. Insurance is also part of the all-inclusive-deal.
Users can drive an IONIQ for free for 2 hours at a time. They can continue to drive for just $5.99 an hour or return the car at any designated spot for the next user to pick up. This free floating car-sharing model allows more users to use the same car, which reduces congestion and pollution on a much larger scale.
WaiveCar plans to add 150 IONIQs which will be deployed throughout Los Angeles in the first half of 2017. WaiveCar is planning to launch in three additional cities by the end of 2017 using 250 more IONIQs.
“We are extremely excited to be working together with Hyundai,” said Zoli Honig, WaiveCar’s CTO & Co-Founder. “Providing low cost, eco-friendly transportation alternatives to consumers is our core mission and offering the IONIQ will accelerate that goal. We believe this partnership will be tremendously beneficial for Hyundai, WaiveCar, our customers, and the environment.”
The IONIQ line of cars are designed and optimized to give customers an easy transition to environmentally-responsible mobility. The IONIQ is available in three distinct electrified powertrains: the IONIQ electric, IONIQ plug-in and IONIQ hybrid. Regardless of powertrain choice, the platform accommodates five-passengers comfortably and provides the largest cargo capacity in its class. The IONIQ electric models that will go into the WaiveCar fleet provide an EPA-estimated 124 miles of range, and offer Apple CarPlay®, Android Auto® and wireless charging for smartphones.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 830 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle limited warranty, Hyundai’s 10-year/100,000-mile powertrain limited warranty and five years of complimentary Roadside Assistance. Hyundai Blue Link Connected Care provides owners of Hyundai models equipped with the Blue Link telematics system with proactive safety and car care services complimentary for one year with enrollment. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and In-Vehicle Service Scheduling.