The 641-hp Hyundai Ioniq 5 N starts at $67,475

Hyundai today announced pricing for the high-performance N variant of the Ioniq 5 SUV. The dual-motor, all-wheel-drive electric vehicle costs $67,475 (after $1,375 destination charge), an increase of approximately $25 $000 compared to a base Ioniq 5 model.

This remains in line with the price of N gasoline cars, since the Ioniq 5 N costs $8,700 more than the high Ioniq 5 version. At $67,475, the Ioniq 5 N comes fully equipped, meaning there are no factory options to add to that final price.

And that price comes with plenty of perks. Buyers get double the power of a top-of-the-line Ioniq 5, plus improved battery cooling, 15.8-inch four-piston front brakes paired with more powerful regenerative braking, forged wheels , more aggressive styling and retuned suspension.

In their class, the Ford Mustang Mach E GT Performance and Tesla Model Y Performance both undercut the Ioniq 5 N’s base price, but both also offer about 100 fewer horsepower. The Ioniq 5 N costs about $5,000 more than Kia’s high-performance EV6 GT, but falls just short of the Genesis GV60 in performance; Both of these cars share their underpinnings and high-power goals with the Ioniq 5.

Hyundai, however, has made the Ioniq 5 N much more playful than its platform siblings, with the inclusion of “N Grin Boost” – a high-power mode that boosts power to 641 horsepower for up to ten seconds – a simulated “manual” gear change. and drift-specific driving modes. It also has 65 more horsepower than the Kia and 158 more horsepower than the GV60, and we found it to be a very fun drive.

The real question that remains is whether buyers will even be able to get an Ioniq 5 N close to MSRP. Early reports suggest that dealers are already putting together lists of potential buyers, reporting high demand and low supply, meaning this hot hatch could be rare to find at sticker price.