The Ioniq 5 is Hyundai’s first electric car built on the company’s new E-GMP platform, and its price tag has finally been confirmed. A press release from Hyundai reveals that the Ioniq 5 could set you back anywhere from $39,700 to $54,500, depending on which model you choose (via EV Pulse).

And although Hyundai recently announced the Ioniq 5 has an EPA-rated range of 300 miles, that range is only available with select models (which we’ll go over here). It’s also important to note that the prices listed here don’t include the vehicle’s $1,225 destination charge.

In total, there are seven different variations of the Ioniq 5, and three trim…

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