Hyundai Ioniq 5 N Touches Down in Australia, Costs More Than a Tesla Model Y Performance

Now arriving in Australian showrooms, the Ioniq 5 N carries a manufacturer's list price of $111,000 AUD. Converted at current exchange rates, that would be $72,970 USD. By comparison, the Model Y Performance is listed by Tesla Australia with a drive away price of $99,337 AUD ($65,302 USD).

While it may seem ridiculous for Hyundai to charge this kind of money for a Model Y Performance rival, bear in mind that you're getting a lot more for said money. For starters, the South Korean automaker sweetens the deal with more buttons. The upcoming Model Y facelift will drop the pre-facelift's drive stalk, whereas the Ioniq 5 N sports a selector on the right side of the steering column.

Heavily bolstered front seats and the interior material quality also differentiates the Ioniq 5 N from the Model Y Performance. Finally, the Ioniq 5 N is decidedly sportier in exterior styling than lesser versions of the Hyundai Ioniq 5. You won't mistake it for anything else on the road, that's for certain!

Oh, and by the way, the Hyundai's dual motors pack a bigger punch than Tesla's drive units. The Model Y Performance makes do with 393 kW (534 ps or 527 hp) as opposed to 448 kW (609 ps or 601 hp) for the Ioniq 5 N. That's not all, though, because N Grin Boost unleashes 478 kW (650 ps or 641 hp).

More powerful and torquier than the Kia EV6 GT, the Hyundai Ioniq 5 N needs either 3.5 or 3.4 seconds to accelerate from zero to 100 kilometers per hour (62 miles per hour). Charging the 84-kWh battery from 10 to 80 percent takes no more than 20 minutes at 350 kW or one hour and 10 minutes at 50 kW. As for AC charging, that would be around 10 hours and 50 minutes to 100 percent at 7 kilowatts.

Generously equipped from the outset, the Ioniq 5 N can be had in ten colors, beginning with solid Atlas White and solid Performance Blue. Matte shades include Atlas White and Performance Blue, along with Ecotronic Gray and Gravity Gold. The remainder of the palette comprises the following metallic paint colors: Cyber Gray, Abyss Black Mica, Soultronic Orange, and Ecotronic Gray.

80 millimeters longer than the Ioniq 5, the go-faster version also happens to be 50 mils wider and 20 mils lower. Pirelli P-Zero HN rubber boots wrapped around 21-inch forged alloys come standard, along with a bespoke suspension setup for Australia.