Hyundai Motor has announced the name of its advanced, alternative-fuel compact vehicle due for launch in 2016: the Hyundai IONIQ.

The car will be available with electric, plug-in gasoline/electric hybrid, or gasoline/electric hybrid powertrain – the first car from any manufacturer to offer customers these three powertrain options in a single body type.

Based on an exclusive new platform, made specifically for the car’s multi-powertrain options, the IONIQ chassis is optimized to deliver responsive handling while remaining efficient in each of its three powertrain configurations. In its fully-electric (EV) form, the IONIQ is powered by a high capacity, ultra-efficient lithium ion battery. The plug-in hybrid (PHEV) version combines a fuel-efficient energy with battery power obtained by charging the car with electricity, boosting its range while cutting its emissions. Finally, the hybrid (HEV) utilizes the gasoline engine and motion of the car to charge the on-board battery, which returns enhanced efficiency by supplementing the engine’s power.

Following its world premiere in Korea in January, the IONIQ is due to be shown at the Geneva International Motor Show, followed by the New York Auto Show, both in March 2016.