South Korean automaker Hyundai reports surprisingly strong demand for its most expensive model to date, the Ioniq 5 N, in Australia. According to Teslarati, Hyundai Australia already recorded 126 pre-orders for the new electric hot hatch in just 12 hours.
Hyundai briefly opened pre-orders for the Ioniq 5 N over the weekend during the Melbourne EV Show. Hyundai Australia Chief John Kett expressed satisfaction with the model’s number of pre-orders during that period.
“We had a little (internal guess) going on between all of us and it ranged from 100 (orders in the pre-sale) to 500-plus. It’s still a pretty significant price, so we’re happy with what we’ve got. (For) the enthusiasts that are very much connected to (Hyundai) N or a performance (electric car), we’re probably the first to come to market.”
Hyundai Australia Chief John Kett
As per the report, approximately 78% of the pre-order holders were new Hyundai customers. Meanwhile, the remaining 22% were existing owners.
Hyundai Ioniq 5 N key specs
Presented below are the key specifications of the new Hyundai Ioniq 5 N, as displayed on its official Australian website:
| Specifications | Hyundai Ioniq 5 N |
| Power | 166kW / 350Nm (front). 282kW / 390Nm (rear)[S1] |
| Wheels | 21” Forged Aluminium wheels Pirelli P-Zero HN 275/35R21 tyres |
| Battery | 84kWh Battery with preconditioning |
| Ultra-rapid charging | 10% – 80% in 18 minutes[C1] |
| N Grin Boost | 175kW / 370Nm (front) 303kW / 400Nm (rear)[S1] |
| Electronic Control Suspension | With continuously variable damping. |
| High performance brakes | 400mm front rotors 360mm rear rotors |
| Traction | Electronic Limited Slip Differential on rear axle |
| Paddle shifters | N e-shift and regenerative control |
| N Light Seats | Sports style bucket seats |
| Connected services[P3] | Bluelink™ & Over-The-Air (OTA) software updates |
| Safety | Hyundai SmartSense™[S2] |
Pricing
The Hyundai Ioniq 5 N has a base price of AU$111,000 ($71,200), excluding on-road costs. It is more than twofold pricier than the brand’s performance-oriented car, the Hyundai i30 N petrol hot hatch, at $53,700 plus on-road costs.
Hyundai ensured that the model would be worth its premium price as it is currently the brand’s strongest and fastest-accelerating car in the country.
Available add-ons
Drive noted that options for the new Hyundai Ioniq 5 N only include the following:
- ‘Vision Roof’ – $2000
- Matte paint – $1000
Meanwhile, pre-order holders will get “a special gift package” worth $1000, including the following items:
- Hyundai N-branded Pelican hard cases
- a torch
- “additional N merchandise”
Hyundai also offers the following body paint options for customers:
- Performance Blue Matte
- Performance Blue
- Abyss Black
- Cyber Gray
- Ecotronic Gray
- Atlas White Matte
- Atlas White
- Gravity Gold Matte
- Soultronic Orange
On the other hand, Hyundai has yet to disclose the complete list of final standard features and equipment near the model’s launch.
“Vehicles will be built to order in each customer’s chosen combination of option(s) and exterior colour – there is no pre-configured specification for Ioniq 5 N.”
Hyundai Australia
See Also:
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- Hyundai rushes to launch Georgia factory due to local production incentives in the US
- Hyundai Motor reports 3.2% YoY growth in BEV sales in August
- Hyundai Ioniq 6 receives TOP SAFETY PICK+ Rating from the IIHS
- Hyundai, Kia US presence weakens due to the IRA
Hyundai plans to begin the Ioniq 5 N production sometime around November. It will land in local showrooms by the end of 2023 or early next year. Meanwhile, the automaker expects to start customer deliveries for the initial pre-orders “no later than early January.” However, the time would depend on the customers’ selected options.
