Hyundai Motor UK has introduced a new monthly subscription service solely available on its hybrid, plug-in hybrid and fully electric models.

The monthly cost includes subscription, insurance, maintenance, road tax and repairs

It’s dubbed Mocean and provides an all-in-one approach to motoring with a monthly cost that includes subscription, insurance, maintenance, road tax and repairs.

The Mocean scheme is available on models including the Kona Electric, i20 mild hybrid and Tucson. Prices start from £339 per month and subscriptions are available for as little as three months, rising to a maximum of 24 months. Customers can also change their vehicle every six months to suit their needs and subscriptions can be cancelled with a one-month notice period.

The solution is initially launching in Greater London but will quickly roll out to other major UK cities throughout the year.

Ashley Andrew, managing director, Hyundai Motor UK said: “We’re excited to launch Mocean here in the UK, giving us the opportunity to bring Hyundai’s range of advanced electrified vehicles to an entirely new type of customer.

“For those that a traditional PCP or HP agreement simply doesn’t suit, or for those who want the simplicity of one monthly payment and the flexibility of a one-month cancellation period, Mocean delivers. For us, this new innovation marks the beginning of a journey from car manufacturer to mobility service provider, finding new and innovative ways to help enrich our customers’ lives.”