Hyundai announced Monday that it’s launching a dedicated electric-vehicle brand called Ioniq.

The Ioniq brand will include three new models—with nomenclature that uses even numbers for sedans and odd numbers for SUVs. First up are the Ioniq 5 crossover, arriving in fall 2021, and the Ioniq 6 sedan, arriving in 2022. They’re expected to be about the size of the Tesla Model Y and Model 3, respectively, and will be followed by a larger SUV, the Ioniq 7, in 2024. 

Hyundai already provided a preview of the first Ioniq 5 and Ioniq 6—in the form of the 45 crossover concept shown in 2019 and the Prophecy sedan concept shown earlier this year. 

The new electric vehicles will be built on Hyundai’s global modular platform for EVs, allowing ultra fast charging capability and “plentiful driving range.”

Although Hyundai has used the Ioniq nameplate before—for the

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