The 2023 Hyundai Ioniq 6 electric sedan will cost $42,715, including a $1,115 destination fee, when it goes on sale this summer. That’s about the same as the Ioniq 5 hatchback with which it shares a platform. That price is for the SE Standard Range model with rear-wheel drive, which is the sole model with the smaller 53-kwh battery pack and a 240-mile range. The cheapest Ioniq 6 with a 77.4-kwh battery pack will start at $46,615, Hyundai announced Tuesday, and it will have an EPA range estimate of 361 miles.

The base 2023 Volkswagen ID.4 with a 62-kwh battery pack undercuts the 2023 Ioniq 6 by about $3,000, as does the 2023 Toyota bZ4X when compared with Ioniq 6 Long Range models. No electric vehicle in this price range, including the related Ioniq 5, can match the 361-mile range and efficiency of the 2023 Hyundai Ioniq 6 SE Long Range. 

The 2023 Hyundai Ioniq 6 can be…

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