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Hyundai India and Revv Launch Subscription Based Ownership Model

Hyundai India and Revv Launch Subscription Based Ownership Model

Snapshot: The pilot project to kick-start in Q1 2019 will be available across six cities namely Delhi NCR , Mumbai, Kolkata, Pune, Bangalore and Hyderabad.

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Hyundai India, in association with Revv, has introduced ‘Hyundai Subscription’ in the country. This Industry first exclusive strategic partnership of Hyundai with Revv will provide an opportunity to the customers to experience Hyundai product portfolio, with hassle free ownership, flexibility and limited commitment through Subscription Based Ownership Model. The pilot project to kick-start in Q1 2019 will be available across six cities namely Delhi NCR , Mumbai, Kolkata, Pune, Bangalore and Hyderabad.

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Commenting on the announcement Mr. SJ Ha, Senior Director, Sales & Marketing, Hyundai Motor India Ltd, “We are extremely excited about the Indian mobility landscape currently and foresee great prospects. This strategic alliance will provide a unique opportunity for today’s millennial customers to experience Hyundai’s diverse product offerings that blend with their personality. With our deep understanding of Indian consumers and progressive tech-driven mobility solutions, we aim to forge a new market for the New Age Indians.” Currently, millennials are the substantial users of car sharing services and comprise of 35 percent of the total population of India.

Commenting on this launch, the Revv Founders commented "We are very excited about launching India's first exclusive car subscription program, along with Hyundai. This is an innovative offering, which will change the way people access mobility in the future. This also helps to deepen our relationship with our strategic partners - Hyundai. As one of India's leading car sharing companies, we will continue to innovate, and create newer offerings for our customers." Hyundai Subscription provides the customers to opt for flexible ownership plan that includes subscription for short term/long term, swap across Hyundai range and can easily avail it under zero down payment, No insurance/maintenance for short subscription, including an assured-on demand delivery. Customers opting for one-year subscription or more will get an assured new car.

The South Korean automaker has been enhancing its mobility services in major locations worldwide and is committed to offering smarter value to customers to cope with the rapidly-shifting paradigm in the automotive industry.

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