The IONIQ 5 N is Hyundai's halo EV — a 641-horsepower dual-motor configuration in the same body as the regular IONIQ 5, with a chassis tuned by Hyundai's N performance division. 0-60 in around 3.4 seconds; an N e-shift simulated transmission mode; and an N Active Sound system that makes synthesized engine noise for buyers who want their EV to feel more like a traditional sports car.
Single trim — IONIQ 5 N — with limited optional packages. Production has been deliberately constrained; the IONIQ 5 N is positioned as a halo car to build the N brand identity, not a volume seller.
Pricing has been firm since the 2024 introduction. Below-MSRP IONIQ 5 N listings remain rare; dealer markup is occasional, particularly in California and Texas. For buyers who specifically want a serious performance EV under $70K, the IONIQ 5 N is genuinely competitive against the Tesla Model 3 Performance and offers a distinctly different driving feel.
By Marcus Bell, Editor · Updated May 12, 2026