Hyundai Ioniq 5 N Vs. The Competition: Specs & Pricing Comparison

The 2025 Hyundai Ioniq 5 N is the performance-oriented version of the Hyundai Ioniq 5 and the first N brand electric car.

It’s reworked substantially for more performance. It has an enhanced body-in-white (BIW) structure, including 42 additional weld points and 6.9 feet of additional structural adhesive, as well as many reinforcements (motor and battery mounts, steering, etc.) to ensure it’s ready for serious driving. The South Korean manufacturer also added more power, a bigger battery and a set of special features for enthusiasts.

In today’s post, we’ll take a look at the Hyundai Ioniq 5 N’s pricing and specs, compared to the regular Ioniq 5 as well as some of its main competitors, like the Tesla Model Y Performance and the Ford Mustang Mach-E GT Performance.

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60,000 Hyundai Ioniq 5 in the U.S.

Hyundai has sold over 60,000 Ioniq 5s in the U.S. since its debut in 2021. It’s one of the best EVs on sale, but it’s a relaxed everyday SUV. The Ioniq 5 N gets more power, more aggressive styling, a simulated gearbox and a bunch of other tweaks to make it faster and more interesting to drive.

The 5 N will enter the U.S. market this year, starting at an MSRP of $66,100 (plus a $1,375 destination charge for a total of $67,475). That’s a substantial jump of $8,700, compared to the top-of-the-line Ioniq 5 Limited AWD.

Because the Hyundai Ioniq 5 family is imported to the U.S. from South Korea, it’s not eligible for the $7,500 federal tax credit if you buy it, but the incentive is available to qualifying lessees. 

The N model has a new 84-kilowatt-hour battery pack (6.6% higher capacity than the existing 77.4-kWh battery in the Ioniq 5). All Ioniq 5s get the same, bigger battery for 2025 (together with a set of smaller upgrades).

The dual-motor powertrain has a peak power output of up to 478 kilowatts (641 HP) in N Grin Boost mode. That extra power is only available for 10 seconds, though. The peak sustained output is 600 hp. That’s almost twice as much power as the Hyundai Ioniq 5 AWD’.

0 to 60 mph takes about 3.25 seconds (w/N Launch Control and Grin Boost function), compared to 5.0 seconds in the regular Ioniq 5. For reference, the Kia EV6 GT does 0-60 mph in 3.4 seconds.

EPA driving range figures haven’t been released. We guess that the enlarged battery capacity will at least partially offset the negative impact of the bigger, 21-inch wheels (Pirelli P Zero 275/35R21). Figure somewhere around 250 miles of range.

One strong point of the entire Hyundai Ioniq 5 family (and other E-GMP-based EVs) is DC fast charging capability. The new Hyundai Ioniq 5 N can recharge from 10 to 80% state-of-charge (SOC) in just 18 minutes, like the regular Ioniq 5. Peak charging power is 238 kW, but it requires a high-voltage charger.

The top speed of the Ioniq 5 N is 162 mph, compared to 115 mph in the regular versions. Hyundai says that the electric motors in the Ioniq 5 N spin up to 21,000 RPM, which you only really see on high-performance models.

Hyundai Ioniq 5 N

Tesla Model Y

Hyundai Ioniq 5 N Vs. Tesla Model Y Performance

One of the main points of reference is the Tesla Model Y Performance. According to the specs, the Hyundai Ioniq 5 N will be slightly quicker and slightly faster than the top-of-the-line Tesla (3.25 seconds vs. 3.5 seconds), although a proper race would be needed to verify the numbers.

The Hyundai Ioniq 5 N should also be able to recharge noticeably faster than Tesla, as long as a high-voltage charger is available.

However, Tesla has some strong points on its side too. It’s over $13,000 cheaper and qualifies for the $7,500 federal tax credit when purchasing. Additionally, the Model Y’s EPA range will probably be slightly higher than the Ioniq 5 N’s range. Early reports indicate the Hyundai is more fun to drive, but we recommend test driving both. 

*Estimated/rough values; range according to the manufacturer; acceleration with 1 ft rollout subtracted or estimated; Tesla destination charge, includes additional fees

Hyundai Ioniq 5 N

Ford Mustang Mach-E GT Performance

Hyundai Ioniq 5 N Vs. Ford Mustang Mach-E GT Performance

Another key competitor is the Ford Mustang Mach-E GT Performance. We expect the final range of the Ioniq 5 N to be similar to the GT Performance’s. 

The South Korean model has more power and it should be slightly quicker. In terms of DC fast charging, there’s no contest. The Ioniq 5 N trounces the Mustang. On the other hand, Ford’s customers recently gained access to Tesla Supercharging network, which matters too. Hyundai owners should get access to it later this year.

Price-wise, the Ioniq 5 N is effectively $8,280 more expensive. Ford also often offers rebates.

*Estimated/rough values; net battery capacity; acceleration with 1 ft rollout subtracted or estimated