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

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-IONIQ-5-N
Hyundai IONIQ 5 N (Source: Hyundai)

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-IONIQ-5-N-price
2025 Hyundai IONIQ 5 N (Source: Hyundai)

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.

Top comment by FC

Liked by 18 people

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-IONIQ-5-N-price
Hyundai IONIQ 5 N interior (Source: Hyundai)

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
Hyundai IONIQ 5 N price vs Tesla Model Y Performance

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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Avatar for Peter Johnson Peter Johnson

Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising