NEXT STAGE: New in 2021

Hyundai's first EV on a dedicated platform, the Ioniq 5 compact crossover, will come to the U.S. in fall 2021 with an extended-range battery targeting 300 miles of range. The retro-styled EV will also come with two years of free charging at Electrify America stations and an optional subscription ownership model. Unlike the two battery options that will be offered at launch by the Kia EV6, the Ioniq 5 will initially be offered only with the larger 77.4 kilowatt-hour battery.

The Ioniq 5 will be available with either a single rear-drive motor with 225 hp or all-wheel-drive versions with two motors and combined output of 320 hp.

The single rear motor has a targeted maximum range of 300 miles, Hyundai said, while the targeted range of the dual motor all-wheel drive SE and SEL models is 269 miles. The top-of-the-line Limited awd model has a targeted range of 244 miles, the company says.

The Ioniq 5 will initially be sold in 17 states: the 10 "ZEV" states that follow California's emissions rules, along with Texas, Florida, Illinois, Georgia, North Carolina, Pennsylvania and Arizona. The EV will be rolled out to additional states in 2022.