Hyundai introduced the 2020 Ioniq Electric at the Los Angeles Auto Show and now the company has announced pricing will start at $33,045.

That’s a significant jump from last year’s price of $30,315 but the 2020 Ioniq Electric features a larger 38.3 kWh lithium-ion battery pack. This increases the range from 124 miles (200 km) to 170 miles (274 km).

The upgrades don’t stop there as the 2020 model has a more powerful electric motor that produces 134 hp (100 kW / 136 PS) and 218 lb-ft (295 Nm) of torque. That’s an increase of 16 hp (12 kW / 16 PS), but the torque rating remains unchanged.

Also Read: 2020 Hyundai Ioniq Facelift Arrives In The US With Better Tech And More More Electric Range

To help reduce charging times, the 6.6 kW on-board charger has been replaced by a new one with a capacity of 7.2 kW. This means the model can be fully recharged in approximately 6 hours and 5 minutes using a 240V Level 2 charger. If that’s too long, a 100 kW fast charger can deliver an 80% charge in as little as 54 minutes.

Besides the powertrain changes, the 2020 Ioniq Electric has a revised exterior that features modified bumpers and a new grille. The model also sports revised side skirts, restyled wheels, new switchgear and a larger 8-inch infotainment system.

Besides the aforementioned equipment, the entry-level Ioniq Electric SE comes with a leather-wrapped steering wheel, heated front seats and an automatic climate control system. The model also has a sunroof, 16-inch alloy wheels and a 7-inch LCD display in the instrument cluster.

The Limited starts at $38,615 and boasts LED headlights, ambient interior lighting and a 10.25-inch infotainment system with GPS navigation. Other highlights include leather upholstery, a Harman Kardon premium audio system and an assortment of driver assistance systems such as Blind Spot Collision Avoidance Assist and Rear Cross-Traffic Alert.

Note: Prices exclude a $955 destination fee and a federal tax credit of up to $7,500