The Santa Fe EREV will have a driving range of more than 600 miles (965 kilometers).

Genesis is targeting an even higher range of more than 640 miles (1,030 kilometers) for its first extended-range electric vehicle.

These EREVs will achieve their long driving ranges with less than half the battery capacity of an equivalent EV.

The biggest news to emerge from Hyundai’s CEO Investor Day is the surprise announcement of a new series of cheaper performance cars. However, a few other slides in the mammoth 101-page presentation caught our attention. The Korean brand is about to dip its toes into the extended-range electric vehicle segment with two models, one for the core brand and the other for its luxury spin-off, Genesis.

The Santa Fe will get the EREV treatment in the United States in the first half of 2027. It’ll be assembled starting early next year alongside regular versions of the midsize SUV at the Alabama plant. Until it arrives, Hyundai is sharing some preliminary technical details. The headline-grabbing figure is a driving range of more than 600 miles (965 kilometers), which the company says is about 1.6 times higher than that of a conventionally powered version.