Introduction:
The realm of the electric vehicle market is nothing short of dynamic and fierce, with auto manufacturers vying for their spot in the emerging new automotive world order. Among these manufacturers, the South Korean automobile giant, Hyundai, isn’t lagging behind its counterparts. In their latest announcement, Hyundai unveiled the pricing details for the much-anticipated high-performance N variant of the Ioniq 5 SUV. The news has ignited chatter among car enthusiasts and experts alike, given the vehicle’s striking features. In the article below, we explore key facts about the new Ioniq 5 N, its offerings, and how it matches up against competitors.
Pricing of the Ioniq 5 N
Priced at $67,475 (including a $1,375 destination fee), this high-performance version of the Ioniq 5 SUV comes with a twin-motor all-wheel-drive EV. Notably, this indicates an increase of approximately $25,000 from a base-model Ioniq 5. Despite this, Hyundai maintains consistent pricing patterns, with the Ioniq 5 N costing $8,700 more than the top trim Ioniq 5. Notably, there are no additional factory options that the buyer has to bear as the vehicle comes fully equipped.
Features on offer
The price tag of the Ioniq 5 N brings with it a host of impressive features, set to offers buyers an enhanced driving experience. The new model boasts double the horsepower of the top-trim Ioniq 5, improved battery cooling, 15.8-inch front brakes coupled with stronger regenerative braking, forged wheels, a more aggressive design, and a retuned suspension.
Competition Landscape
When compared to its rivals in the same class, the price of the Ioniq 5 N is undercut by Ford Mustang Mach E GT Performance and Tesla Model Y Performance though these come with about 100 lesser horsepower. Also, it’s around $5,000 more than Kia’s high-performance EV6 GT and comes in slightly below the cost of the Genesis GV60’s Performance version. However, it’s important to note that these cars share the same underpinnings and high-power aims as the Ioniq 5.
Performance of Ioniq 5 N
The Hyundai Ioniq 5 N packs a power punch with the inclusion of the “N Grin Boost”, a high-power mode that enhances output to 641 horsepower for up to ten seconds. It also includes simulated “manual” shifting and drifting-specific driving modes, making it a more playful ride in comparison to its platform counterparts. Additionally, with 65 more horsepower than the Kia EV6 GT and 158 horsepower more than the GV60, it promises a power-packed, fun drive.
Anticipated Market Reception
The final lingering question is whether potential buyers will be able to acquire the Ioniq 5 N at its suggested retail price. Due to the high demand and probable low supply, dealers have begun listing potential buyers which may result in the hot hatch being rarely found at the sticker price. Regardless, anticipation for the Ioniq 5 N’s market rollout continues to rise.