2024 Hyundai Ioniq 5 N confirmed for Australia, $100,000 price expected

It’s official: a high-performance version of the Hyundai Ioniq 5 is on its way, and is coming to Australia.


Above: How the Hyundai Ioniq 5 N looks, imagined by Theophilus Chin.

It 2024 Hyundai Ioniq N The high-performance electric SUV will hit Australian showrooms in 2024 after its global launch in 2023 has been confirmed – and will likely be the first Hyundai to carry a price tag of more than $100,000.

Confirmation of the Ioniq 5 N comes at the Busan motor show in South Korea, alongside the world debut of the ‘streamliner’ Ioniq 6 sedan, Hyundai’s second built on Hyundai’s Global Electric Modular Platform (E-GMP), shared with Kia.

The Ioniq 5 N is based on the Ioniq 5 five-door crossover that goes on sale in Australia in 2021, but Australians will have to wait until 2024 to sample the EV N’s performance potential locally.



“We are very pleased to confirm the Ioniq 5 N is coming to Australia,” said Hyundai Australia spokesman Guido Schenken. “N cars resonate strongly with Australians, and the Ioniq 5 N will add a unique electrification element to our performance portfolio.”

Above: How the Hyundai Ioniq 5 N looks, imagined by Theophilus Chin.

While the Ioniq 5 N has been confirmed for production at the Busan motor show, the car was not actually shown, nor have any technical details been released – although other E-GMP models have given a good idea of ​​what to expect (more details below). .

Hyundai instead took the opportunity to publish two new N-based EV concepts, one developed on the E-GMP platform and the other looking further into the hydrogen-fueled future (below).



The RN22e concept is based on the new Ioniq 6 electric ‘streamliner’ sedan, but Hyundai says the RN22e is not a concept car predecessor to the second Ioniq-based N model. Instead, Hyundai calls it the ‘Rolling Lab Concept’.

“The rolling lab represents the continuous development of our most advanced technology,” said Thomas Schemera, executive vice president of Customer Experience at Hyundai. “This unique approach sets us up for the challenges of tomorrow by empowering us to push ourselves to the limit.”

Hyundai also revealed the N Vision 74, a hydrogen fuel cell-powered coupe, which it says “looks further” into the future. Read more about the RN22e here and the N Vision 74 here.



As for Ioniq 5 N, Drive believe it will share the version of the high-performance electric powertrain used in the Kia EV6 GT, paired with 77.4kWh . battery pack with 160kW front motor and 270kW rear motor for total 430kW and 740Nm.

If that’s true, the Ioniq 5 N should live up to the EV6’s claims 0-100km/h in 3.5 secondsand reaches a top speed of 260 km/h.

Above: Hyundai Ioniq 5 N test mule.

The Ioniq 5 N may also get an enhanced version of Hyundai’s e-LSD electronic limited-slip differential, which uses a dual-clutch rear axle arrangement to split torque between the rear tires for improved acceleration in and out of corners.



The hot N EV’s brakes must also be larger to account for the increased performance of the vehicle. The EV6 GT (bottom) has 380mm discs at the front and 360mm at the rear.

The E-GMP platform’s 77.4kWh remote battery pack has 800 volt fast charging capability and can be recharged from 10 to 80 percent in just 18 minutes.

In addition to these powertrain upgrades, the Ioniq 5 N can also gain additional driving modes that allow the driver to adjust throttle response, suspension damping, and weight and steering feel to maximize performance.



Interior upgrades to the Ioniq 5 N will likely include sleek N sports seats up front, an N-only steering wheel with a drive mode dial, and N-only functions in the infotainment system.

It 2024 Hyundai Ioniq 5 N will be shown globally in the first half of 2023.

Glenn Butler

Glenn Butler is one of Australia’s most renowned automotive journalists who has spent the last 25 years covering cars on radio, TV, web and print media. He is a former editor of Wheels, Australia’s most respected auto magazine, and previously deputy editor of Drive.com.au. Glenn’s also works at the executive level for two of Australia’s most prominent car companies, so he understands how much care and consideration goes into designing and developing new cars. As a journalist, he’s driven everything from Ferraris to Fiats on every continent except Antarctica (which he hopes to someday achieve) and enjoys discovering each car’s unique personality and strengths. Glenn knows the price of a car doesn’t represent his competence, and that even the cheapest car can improve your life and broaden your horizons.

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