Hyundai's Ioniq 5 N, the first-ever high-performance electric vehicle (EV) of the South Korean automaker, is set to release by 2023, as it brings the N branding to the all-electric market.

The renowned automaker based in South Korea, Hyundai, confirmed that its high-performance N brand would soon offer all-electric production vehicles.

(Photo : DIRK WAEM/AFP via Getty Images)
Illustration shows the logo of Hyundai at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show, at Brussels Expo, on Friday 18 January 2019, in Brussels.

And as such, it teased some all-new exciting EV concepts, such as the N Vision 74 and the RN22. It is to note that the latter is highly based on the Ioniq 6.

Hyundai's Ioniq 5 N to Release in 2023

According to Drive.com Australia, the giant carmaker confirmed that the Ioniq 5 N is set to see the light of day globally in 2023.

Hyundai made the big confirmation as it formally debuted its all-new Ioniq 6 sedan at the packed Busan motor show in the South Korean nation. Drive.com notes that the new all-electric offering is the second vehicle to flaunt the Electric Global Modular Platform of Hyundai and Kia.

Meanwhile, the first-ever EV under the high-performance N branding, the Ioniq 5 N, is going to be based on the original Ioniq 5, as its name suggests.

The spokesperson of Hyundai Australia, Guido Schenken, told Drive.com that they are "excited to confirm the Ioniq 5 will come to Australia."

The Hyundai Australia spokesperson further claims that "N cars resonate strongly with Australians, and Ioniq 5 N will add a unique electrified element to our performance portfolio."

According to the latest report from CNET, Hyundai has officially announced that its first-ever N brand EV, the Ioniq 5 N, is going to hit the roads sometime in 2023.

Read Also: Hyundai Reveals IONIQ 6 EV's Design Featuring A Cocoon-Shaped Interior; When Is the Release Date?

Hyundai's Ioniq 5 N: What to Expect

The South Korean car maker only confirmed the expected release date of the upcoming Ioniq 5 N. However, it failed to provide any explicit details, such as its performance or an idea of how it should look.

(Photo : Christopher Furlong/Getty Images)
MANCHESTER, ENGLAND - APRIL 21: A Hyundai Ioniq battery electric vehicle (BEV) charges at a Motor Fuel Group (MFG) EV Power forecourt on April 21, 2022 in Manchester, England.

But despite that, CNET suggests that the RN22e concept already gives us a hint on what we should expect from the performance of the mysterious Ioniq 5 N.

Hyundai showcased the Ioniq 6-based concept, flaunting its 77.4-kWh battery pack and up to a whopping 546 horsepower and 546 pound-feet of torque dual motor.

The online news outlet also observed that the performance specs of the RN22e concept are similar to another South Korean-made performance EV, no less than the Kia EV6 GT.

All that said, even if Hyundai only gave scant details about the upcoming Ioniq 5 N, we could expect to be similar in performance with the Kia EV6 GT.

Related Article: 2024 Hyundai Ioniq 6 EV: Unveils Specs, First Look, and MORE in Busan Auto Show

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Written by Teejay Boris