Honda has entered its all-electric era with the 2024 Prologue compact EV SUV. The automaker recently unveiled pricing for compact EV SUV alongside its EPA ratings. Both are notable. The Prologue delivers impressive standard all-electric driving range, but it costs more than its rivals.

The base 2024 Prologue is fitted with a single electric motor developing 212 horsepower and 236 lb.-ft. of torque. It’s the most efficient model of the group, according to the EPA, delivering 296 miles of range on a single charge. That figure is significantly higher than several of the Prologue’s rivals, at least in their base forms. The Nissan Ariya delivers just 216 models as standard. The base Hyundai Ioniq 5 and Kia EV6 deliver 220 and 232 miles. The Mustang Mach-E delivers 250 miles as standard while the base Tesla Model Y tops out at 260 miles.

However, the base Prologue commands a higher price than those rivals for its added range.

The 2024 Prologue EX starts at $48,795 MSRP with destination charge included, several thousand more than the Mach-E, Model Y, Ioniq 5 and EV6, all of which start at about $43,000 to slightly north of $45,000. The better equipped Touring model uses the same powertrain, and thus is also rated for 296 miles, with more features. It starts at $53,095 with destination.

As such, prospective buyers must weigh the higher initial cost of the Prologue against the convenience of its range and less charging over the long term.

Still, the Prologue already has pricing-for-the-range appeal over the base Subaru Solterra and Toyota bZ4X siblings. The Toyota tops out at 236 miles of standard range, slightly higher than the Subaru. The bZ4X is just $120 cheaper than the Prologue with the Solterra starting just north of $46,000.

The Prologue, based on GM’s Ultium platform, also offers better standard range and a lower than the Chevrolet Blazer EV, which also rides on the platform.

Opting for a dual-motor Prologue EX or Touring adds $3,000. The second motor ups the Prologue’s total output to 288 horsepower and 330 lb.-ft. of torque. EX and Touring models with AWD are rated for 281 miles. That figure best the AWD Ioniq 5 (266 miles) and top-spec Ariya (270 miles), is on par with the AWD EV6 (282 miles), but notably less than the 330 miles offered by the Model Y Long Range, which is cheaper than the Prologue at $50,630 with destination.

The Prologue sports an 85-kWh battery pack. Honda hasn’t revealed charge times as of this writing, but it claims the Prologue can re-juice at up to 155-kW, providing 65 miles of range in 10 minutes.

Prologue buyers also get a choice of at-home or on-the-go charging packages. They include up to a $500 credit for home installation of a Level 2 charging station or up to $750 in EVgo charging credits.