Hyundai has announced pricing for the all-electric 2023 Ioniq 6 sedan, starting at $41,600 for the SE RWD Standard Range model and undercutting the Tesla Model 3 RWD by $1,330. That's the single-motor 149-horsepower variant with the 53-kWh battery that nets you 240 miles of range on a single charge. The SE RWD Long Range gets a larger 77.4 kWh battery pack and a stronger, 225-hp rear motor, achieving a Tesla-beating 361 miles of range for just $45,500. The SEL RWD, which rides on 20-inch wheels and manages 305 miles to a charge, will cost you $47,700, while the most expensive RWD model, the Limited RWD, is priced at $52,600.

The big surprise in that lineup is the SE RWD Standard Range, as Hyundai made no mention of this model being available in the US in any previous correspondence, even recently when it confirmed the EPA range of the Ioniq 6. This entry-spec trim isn't expected to be the volume seller, though, and will only be available in limited quantities this summer, while the majority of trim levels will arrive in the spring.

The Ioniq 6 AWD pricing starts at under $50,000, which is an important psychological barrier when Tesla and Polestar's AWD EVs both come in over the mark. Instead, Hyundai has a single trim - the SE AWD Long Range - at $49,000 with an available range of 316 miles and 320 hp on tap from dual motors.

A 270-mile SEL AWD on 20-inch wheels carries an MSRP of $51,200, and the range-topping Limited AWD starts at $56,100. Comparatively, a Tesla Model 3 Performance starts at $53,990, and Polestar 2 prices range from $49,800 to $53,300.

Hyundai's suggested prices exclude a $1,115 destination charge, and importantly, the Ioniq 6 is not eligible for the Inflation Reduction Act EV tax credits, although other state-specific incentives are applicable.

That small detail aside, the Ioniq 6 may be one of the first EVs we trust to truly stand toe-to-toe with the Tesla Model 3. Sharing E-GMP underpinnings with the Ioniq 5 crossover - which has already bowled over the entire industry - the Ioniq 6 has immense potential. The platform gives the Ioniq 6 350 kW ultra-fast charging and vehicle to load (V2L) functionality, and its EPA range is beyond impressive.

The Ioniq 6 SE Long Range RWD's combined MPGe of 140 miles puts it in the same efficiency bracket as the Lucid Air and Tesla Model 3. The Lucid air is much more expensive, and the Ioniq 6 SE Long Range RW outranks the Tesla Model 3's maximum 132 MPGe.

It appears no options packages are available, but Hyundai has given the trims an even spread of equipment. The SE-badged models boast 18-inch alloys, LED lighting, dual-zone climate control, an eight-way power driver seat, power trunk lid, and a huge compliment of safety features like forward collision avoidance, blind-spot monitoring, and safe exit warning among others.

SEL variants step up to 20-inch alloys and choice upgrades like an auto-dimming rearview mirror, wireless device charging, a digital key, Highway Drive Assist 2, and junction assist with evasive steering.

The Limited is the cream of the crop thanks to a surround-view camera, remote parking, a blin-spot camera, panoramic sunroof, Bose eight-speaker sound system, ventilated front seats, a heated steering wheel, and driver seat memory.

Six colors are available in Onyx Black, Curated Silver, Transmission Blue, Digital Green, and Ultimate Red as no-cost options, with Serenity White costing $400 and the matte-finish Gravity Gold bearing a $1,000 fee.