Hyundai announces pricing and specs for Ioniq 5 N, its first high performance EV

Hyundai has announced the Australian pricing, initial specifications and pre-sales date of its first high-performance electric vehicle, the Ioniq 5 N. 

The high performance variant of its popular and much admired Ioniq 5 was first teased by Hyundai in June, and this was followed by a showcase in July at the Goodwood Festival of Speed.

The Ioniq 5 is much admired for its design and space, but is seen as more of a family car, unlike the EV6 from sister company Kia that is made on the same platform. The introduction of the N version means it can now match that performance.

The 448 kW max power output from the Ioniq 5 N powertrain makes it one of the most powerful electric cars in the Australian market.

The new performance variant of the popular electric SUV comes in a single variant, with a price of $111,000 before on-roads. Two options will be offered with the N variant which includes:

• Vision Roof – $2,000
• Matte Paint – $1,000

A pre-sale event has been organised for September 15, when customers will have the chance to get hold of some of the first vehicles in the country. In a reprise of its sometimes controversial online drops of the original Ioniq 5, the orders can be made online. But they will be open for 12 hours, starting at midday, running through to midnight AEST.

Pre-sale customers will be able to receive N-branded merchandise which Hyundai calls “Hyundai N x Pelican set”. It contains two cases, a torch and additional merchandise. Interested buyers will be able to place an order with a $2,000 deposit on the Ioniq 5 N with first deliveries starting in the first quarter of 2024.

“The Ioniq 5 N pre-sale event will give our N-thusiast customers the chance to be the very first in Australia to experience Hyundai N’s spectacular first all-electric vehicle,” said Ted Lee, the CEO of Hyundai Australia.

Each vehicle will be custom-built as per customers’ requirements and Hyundai does not plan to have any pre-configured N vehicles available.

The Ioniq 5 N motors producing 448 kW of power, or even up to 478 kW via an electronic limited-slip differential. This setup can get the car from 0-100 km/h in 3.4 seconds. It will feature Pirelli P-Zero tyreson the 21-inch aluminium wheels.

An 84 kWh battery pack has been included which can be charged from 10-80% in 18 minutes with the right ultra-rapid charger.

Lots of external styling upgrades have also been added to the Ioniq 5, including graphics, lip spoiler and side-skirts to name a few.

Moving onto the inside, there are N-branded interior styling features along with a new steering wheel, sports seats and pedals.

The “N” vehicles are traditionally performance variants of Hyundai’s ICE vehicles so it’s good to see an electric N performance variant of the brand’s Ioniq range of electric vehicles. 

With Hyundai having ambitious EV transition plans, it makes sense for the N variants of its all-electric models to head in that direction as well.

Hyundai Ioniq 5 N Initial Specifications