Enlarge / The Ioniq 6 is going to be very keenly priced. (credit: Jonathan Gitlin)

Hyundai has announced the pricing structure for its next electric vehicle, the Ioniq 6. And it's competitive, especially with the introduction of a smaller battery option. As a result, the curvaceous EV starts at just $41,600, with the price topping out at $56,100.

Hyundai says that the $41,600 Ioniq 6 SE RWD standard range, which will use a 53 kWh battery pack for a range of 240 miles (386 km), will be "available in limited quantities this summer," suggesting it might be hard to track one down.

An EV range of 240 miles is probably enough to evoke range anxiety in many non-EV drivers. But don't fret; the Ioniq 6 SE RWD long range, which uses a 77.4 kWh battery pack to best effect and 361 miles (581 km), is the next-cheapest at just $45,500. Adding a second motor to the long-range Ioniq 6 bumps the price to $49,000 and drops the range to a still-impressive 316 miles (509 km).

Enlarge / The Ioniq 6 will be the next EV to debut using Hyundai's clever new E-GMP architecture. It goes on sale in the US later this year. (credit: Jonathan Gitlin)

This morning, Hyundai revealed that the US Environmental Protection Agency has finalized an official range estimate for the brand's next electric vehicle, the Ioniq 6 sedan. At 361 miles (581 km), it's certainly impressive, even beating the longest-ranged Tesla Model 3 sedan.

As those familiar with EVs already know, not every version of the Ioniq 6 has quite so much range. You'll need the single-motor rear-wheel drive version, riding on 18-inch wheels, for maximum efficiency. Helpfully, this will be the cheapest version on sale in the US. The company has not announced pricing yet, but expect it to be similar to that of the Hyundai Ioniq 5 crossover.

Adding larger wheels helpfully illustrates the deleterious effect they have on an EV's range efficiency. With 20-inch wheels, the single-motor Ioniq 6's range is 305 miles (491 km).