Hyundai is set to release their newest vehicle to take advantage of the E-GMP dedicated EV platform. Building on the momentum they've captured on the dramatic looking Ioniq 5, the brand hopes to position themselves into a top performer in the EV market space.

The 2023 Hyundai Ionic 6 will offer dramatic looks, big bang for the buck features, and plenty of range. There's no doubt that the folks over at Tesla are paying attention to what Hyundai is doing and if they will be cutting into the large market share that the Tesla Model 3 is currently enjoying. With the range potential alone, it already looks as if the Ioniq 6 will be a better value than the Model 3. Combine that with Hyundai's class leading value across the board, and you've got the perfect recipe to take on one of the worlds best-selling cars.

Related:10 Reasons Why We're Super-Excited About The Hyundai Ioniq 6

The Ioniq 6 Promises Big Range

2023 Hyundai Ioniq 6
via Hyundai

The largest advantage that any EV can achieve over its competition in the current market is range. As we've pushed up to the 300-mile range barrier over the last few years, it seems that many competitors are just playing catch up to Tesla, without actually going further. Hyundai is out to prove to the world that it is still possible to break past that elusive 300-mile mark with current technology in an affordable package. Because, while you can get over 500 miles of range in an EV currently, it means that you're paying a significant premium.

Hyundai credits their E-GMP underpinnings to be the main driver for the efficiency of the new Ioniq 6. E-GMP works on a super fast 800V charging system, which Hyundai says will allow the Ioniq 6 to charge from 10 to 80 percent battery life in as little as 18 minutes. Once out on the road, the Ioniq 6 has an impressive Worldwide Harmonized Light Vehicle Test Procedure rating of 13.9kWh/100 km.

Related:Hyundai Ioniq 6: Costs, Facts, And Figures

The Ioniq 6 Is Pretty To Look At, But The Design Is All Business

2023 Hyundai Ioniq 6
via Hyundai

Hyundai has come out swinging when it comes to the styling on their Ioniq lineup of cars. The Ioniq 5 has gotten rave reviews with its edgy, throwback styling already. The new Ioniq 6 is completely different looking, much more curvaceous and elegant than the Ioniq 5. Hyundai is calling the car an "electric streamliner", a phrase that seems to fit the design perfectly.

The key feature to the streamliner design ethos is ultra-low drag coefficient. Hyundai knows that in order to squeeze every last drop of efficiency out of the E-GMP chassis, they need to create a very slippery design. Official numbers on the drag coefficient is .21, an impressive number when compared to the Tesla Model 3's .23, which was already among the most efficient in the world. No doubt that Hyundai is banking on the drag reduction over its competition to help aid in their quest for the ultimate range.

Related:Here's How Drag Coefficient Affects Fuel Economy

The Ioniq 6 Beats Tesla Model 3 In Value

Hyundai Ioniq 6 Top Down View
via Hyundai

Hyundai has made a name for themselves when it comes to value. The manufacturer consistently pushes the bar with features as well as performance that rival more expensive competitors in nearly every class of vehicle that they create. Take their performance N line vehicles, such as the Veloster N, Kona N, and Elantra N. These cars, with their shared platform, punch well above their weight class. In fact, as a side note, it seems that we may even see an N performance variant of the Ionic 6, spawned off the RN22e.

Tesla, however, doesn't make any claim to be the most cost-effective vehicle out there. Sure, the American based auto manufacturer has made great strides to offer a compelling product at a more reasonable product than their flagship Model S. But, even the most base offering of the Model 3, the rear-wheel drive version, will still cost you nearly $50,000 by the time you pay additional taxes and fees. Rumor has it that the Ionic 6, which should be better equipped and slightly more luxurious than the Model 3, should start around $44,000. It's also completely plausible that we will see another Tesla price hike before the Ioniq 6 is released.