South Korean automobile giant Hyundai has unveiled its first high-performance electric vehicle (EV), an N sport variant of its IONIQ 5 crossover SUV.
Hyundai said the IONIQ 5 N will be available at its dealers from March 2024.
The carmaker, known largely for legacy fossil fuelled-vehicles, also said it will launch more electrified N models in the future.
Hyundai unveiled the performance EV in Los Angeles on Wednesday, ahead of the Los Angeles Auto Show opening on Friday.
The automaker said it expects the IONIQ 5 N to touch an electronically limited top speed of 162 mph (260.7 kph) but did not reveal an estimate on the range offered.
The IONIQ’s N variant will be powered by dual motors producing 641 horsepower, nearly double the output of the most powerful variant of the standard outgoing model.
The N brand is the Hyundai’s high-performance brand, like Mercedes’ AMG and BMW’s M lineup.
The company, founded in 1967, launched the IONIQ 5 midsize crossover based on its Electric-Global Modular Platform (E-GMP) in 2021 to cash in on strong EV demand worldwide.
Automakers such as Audi, Porsche and Tesla have been trying to redesign traditionally efficient EVs with sporty design cues and tougher components to woo car enthusiasts who generally gravitate towards higher-performing combustion vehicles.
Hyundai rival Stellantis also revealed a concept electric Dodge Charger last year, banking on the legacy of the almost 60-year muscle car brand pulling in EV-averse gearheads.
- Reuters, with additional editing by Vishakha Saxena