Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance (2024)

Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance (1)

The first Hyundai N brand high-performance EV will start at $66,100 (excluding destination). Hyundai says the 641 hp IONIQ 5 N starting price sets a “new benchmark for engaging, all-electric high performance.” But how does it stack up against the Tesla Model Y Performance?

Hyundai’s first N brand performance EV lands in the US

Hyundai’s first N-brand electric performance EV, the IONIQ 5 N, made its North American debut at Automobility LA in November. It will hit US dealers this month.

“Our fully equipped IONIQ 5 N delivers a new level of driver engagement in the world of all-electric high performance,” said Hyundai North America CEO Jose Munoz.

The IONIQ 5 N was “developed to take driving fun to a new level” with new technology to maximize the three “N pillars,” Corner Rascal, Racetrack Capability, and Everyday Sportscar.

Based on Hyundai’s E-GMP platform and a dual-motor powertrain, the IONIQ 5 N delivers up to 641 horsepower (478 kW). Hyundai says the added power is thanks to a two-stage inverter that boosts output from the vehicle’s new 84 kWh battery.

With N Grin Boost engaged, the EV’s motors spin up to 21,000 rpm, providing up to 641 hp for 10 seconds.

Other features like the N Pedal, N Drift Optimizer, and N Torque Distribution improve the EV’s handling and cornering abilities.

Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance (2)

Hyundai IONIQ 5 N price starts at $66,100

The N Race feature is optimized for endurance on the circuit to enable the fastest possible laps overall. New N-tuned brakes are Hyundai’s most powerful braking system yet with new material to improve airflow and cooling.

Hyundai included N e-shift and N Active Sound to replicate an ICE sports car’s shifting feel and sounds.

Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance (3)

Added exterior design elements like a black wing and wing-type spoiler increase aerodynamics while adding a sporty style. The performance EV is 0.79″ lower and 2.0″ wider than the standard IONIQ 5 N.

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The Ioniq 5N is a proper performance vehicle. The Model Y Performance is basically a software upgrade with even bigger and heavier wheels. That’s it. Hyundai gives you adaptive damping, active rear differential for real torque vectoring and better traction in adverse weather/mud, it charges 40% faster, it has substantially more power, it has real sport seats, a HUD, parking sensors, performance braking system (instead of a decorative caliper cover like Tesla now puts on the Y Performance), upgraded cooling system, drift and track mode, and all of the reviews of preproduction models have been killer. People say this is the most fun to drive EV ever produced which is impressive. I have loved my EV6 GT over the last year of ownership and 25,000 miles and the Ioniq 5N could be a great successor vehicle when the time comes. We will see what upgrades Tesla gives the refreshed 3 Performance but as a former owner of one, other than straight line speed it was dull as could be to drive quickly. The Y Performance feels like a fast minivan. There’s nothing exciting about it or precise. I look at the 5N as a Porsche Macan Turbo on a budget, more than a Y Performance competitor.

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The interior is loaded with N-branded elements, including the steering wheel seats, door scuff panels, and metal panels.

Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance (4)

Hyundai revealed the new IONIQ 5 N will start at $66,100 (without destination). Including a $1,375 destination fee, the 2025 Hyundai IONIQ 5 N price will be $67,475.

Horsepower0 to 60 mph
(Seconds)
Starting Price
Hyundai IONIQ 5 N6413.25
(W/ Launch Control and
N Grin Boost function)
$66,100
Tesla Model Y Performance4553.5$52,590

That’s more than the Tesla Model Y Performance. Tesla’s Model Y Performance starts at $52,590 with up to 455 hp and a 0 to 60 mph sprint in 3.5 seconds.

Which performance EV are you choosing? The Hyundai IONIQ 5 N or Tesla Model Y Performance? Let us know in the comments below.

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Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance (2024)

FAQs

How much is the Ioniq 5 N? ›

With that being said, the 2025 Hyundai Ioniq 5 N will set you back $67,475 according to an official statement from the automaker. That's 641 horsepower for less than $70,000.

What is the update for the Hyundai Ioniq 5 in 2024? ›

Along with updates to the safety technology, Hyundai gave the car more power, a bigger lithium-ion battery, retuned suspension, and the option of a new high-efficiency heat pump in range-topping models. The Epiq on test here also picked up digital side mirrors.

What is the best charge level for IONIQ 5? ›

A full charge in either version will be more than enough, but if your IONIQ 5 battery needs a recharge, 2-3 hours of Level 2 charging will do the trick.

What is the top end price of Hyundai Ioniq 5? ›

Hyundai IONIQ 5 price starts at ₹ 46.05 Lakh and top model price goes upto ₹ 46.05 Lakh. IONIQ 5 is offered in 1 variants - the base model of IONIQ 5 is Long Range RWD and the top model Hyundai IONIQ 5 Long Range RWD.

Can Ioniq 5 use Tesla? ›

You cannot use a Tesla Super Charger with the Ioniq 5 unless it is a "Magic Dock". The Magic Dock Tesla Super Chargers have both NACS and CCS plugs. There will be adapters available soon, so you can charge a CCS vehicle (like the Ionic 5) at the NACS chargers (most Tesla stations).

How much does a Hyundai Ioniq 5 cost per month? ›

The Hyundai Ioniq 5 has a RRP range of £43,445 to £57,945. However, with Carwow you can save on average £3,538. Prices start at £40,459 if paying cash. Monthly payments start at £322.

How long is the waitlist for Hyundai Ioniq 5? ›

Interested in getting on the waitlist for a new 2024 Hyundai IONIQ 5? Estimated arrival times for the 2024 IONIQ 5 is between 16-20 months.

Why have Hyundai stopped making the Ioniq? ›

Is the IONIQ still being built? No, in July 2022, production of the original Hyundai IONIQ ended at the Ulsan plant in South Korea. Why was the original IONIQ discontinued? The worldwide discontinuation of IONIQ represents a long-planned decision by Hyundai to meet changing consumer demands in the automotive sector.

Is Hyundai discontinuing the Ioniq? ›

Experience the Latest Technology and Features with Hyundai's EV Models. Hyundai's new EV models will surely be a hit with current and new customers. Hyundai has made the difficult decision to discontinue its Accent, IONIQ, and Veloster N models to focus on their range of EV vehicles.

Can I leave Ioniq 5 on while charging? ›

Yes! It is perfectly safe and appropriate to turn your car on while it is charging. Safety measures are in place that do not allow the powertrain to engage while it is charging. Therefore, you do not need to worry that your car will suddenly accelerate.

Can I charge my Ioniq 5 everyday? ›

The best way to keep your Hyundai EV battery sustainable for a long time is to make sure you charge it regularly because regular charging prevents the battery from dropping to a low level. Charging your car battery daily or every two to three days is ideal, based on how much you use your car.

What is the most reliable electric car? ›

The best-equipped EVs on the Consumer Reports reliability list are, in terms of charging speeds and range, the Hyundai IONIQ 6, Tesla Model 3, Kia EV6, and BMW's electric offerings. These models offer more range, and less time spent at charging stations.

Does IONIQ 5 get tax credit? ›

The Korean automaker will give customers up to $7,500 if they buy an Ioniq 5, Ioniq 6, or Kona Electric car before Jan 31, per its website. The move comes after Hyundai failed to qualify for the $7,500 tax incentive introduced by Joe Biden's Inflation Reduction Act.

What is Ioniq N? ›

The IONIQ 5 N is a sports car designed for daily use, offering both thrilling and comfortable driving experiences. With an impressive all-electric driving range of up to 278 miles 3, it provides a perfect balance between exhilarating performance and practical commuting.

What is the price of Ioniq 5 facelift in 2024? ›

Expected India Launch & Price

Though Hyundai has yet not confirmed the launch timelines for the Hyundai Ioniq 5 facelift in India, we expect it to be launched by late 2024, starting from Rs 50 lakh (ex-showroom). Currently, the India-spec Hyundai Ioniq 5 is priced at Rs 45.95 lakh (ex-showroom pan India).

How much is an Ioniq 5 out the door? ›

The out-the-door price for the 2023 Hyundai IONIQ 5 SE Standard Range trim with options is $41,371 - this is based on an Edmunds Suggested Price of $37,399 and $3,972 in taxes and fees. Keep in mind that this does not include any finance charges, which will increase your out-the-door price.

Is Ioniq 6 cheaper than Ioniq 5? ›

The top-of-the-line Limited trim starts at $52,600 for both the Ioniq 5 and Ioniq 6, and the Ioniq 5 costs slightly more with all-wheel-drive, at $56,500 compared to $56,100 for the Ioniq 6. The Ioniq 5 is slightly cheaper for base-model buyers, and for top-trim buyers, the Ioniq 6 is more affordable.

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