Can Hyundai match Lamborghini and Porsche in a race? Watch Hyundai’s most powerful vehicle, the IONIQ 5 N, take on a 657 hp Lamborghini Urus Performante, Porsche Macan GTS, and others in an epic super SUV drag race. See how Hyundai’s sporty EV matches up against the competition in the video below.

Hyundai EV races Lamborghini, Porsche in new drag race

Hyundai revealed its most powerful vehicle yet, the fully electric IONIQ 5 N, last year. As Hyundai N’s first electric car, the performance brand left nothing on the table.

Riding on a modified version of its E-GMP platform, the Hyundai IONIQ 5 N packs up to 641 horsepower and a host of track-ready features. This electric sports car is equipped to compete with the best. Hyundai N included features like rear e-LSD, electronic-controlled suspension, and N Grin Boost to ensure the EV lives up to its name.

Hyundai’s performance EV checks the three “performance pillars of N,” including Corner Rascal, Race Track Capability, and Everyday Sports Car.

Hyundai designed the electric sports car to stand out from the competition, inside and out. The IONIQ 5 N includes “N-exclusive” elements like a glossy black front bumper, radiator grille, and rear spoiler to optimize airflow and performance.

The sports EV is lower, wider, and has larger tires, adding to its aggressive design. Hyundai also built the front and rear suspension from the ground up.

Inside, Hyundai designed the EV based on a racing concept. For a sporty feel, you will find N bucket sports seats, a new N-exclusive steering wheel, and an N-exclusive center console.

The Hyundai IONIQ 5 N is the brand’s most powerful car yet, but can it keep up with some of the quickest sports SUVs on the market?

The folks over at Hagerty put the Hyundai IONIQ 5 N up against a Lamborghini Urus Performante, Porsche Macan GTS, Jaguar F-Pace SVR, and Maserati Grecale Trofeo to see.

As you can see, Hyundai’s high-performance EV smokes the competition in the first race. Here’s how the IONIQ 5 N stacks up.

After bringing in a Lamborghini to up the competition, it still wasn’t enough to top the Hyundai IONIQ 5. Despite a rapid launch, the IONIQ 5 steadily comes back and outpaces the Lambo. And it’s less than a quarter of the cost.

Even Hagerty’s host said, “If you don’t think electric vehicles are resetting the world order, well, now’s your chance.”

Hyundai’s sporty electric car just destroyed the fastest versions of a Lamborghini, Porsche, Jaguar, and Maserati. What’s next for Hyundai? Stay tuned (In the meantime, check out our exclusive interview with Hyundai Motor America CEO Randy Parker).

Source: Hagerty

Despite talk of an “EV slowdown,” sales of electric vehicles are still growing. EV registrations grew another 3.8% in March as several automakers, including Hyundai and Ford, saw electric car sales surge.

EV registrations grew in March despite Tesla’s decline

According to the latest EV registration data from S&P Global Mobility, several automakers gained market share in March.

Big price cuts and lease deals boosted demand in the first quarter, as automakers are divided on which way the market goes from here. With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024.

Although the growth was slight in March, the EV share of the light vehicle market grew from 6.8% to 7.1%.

For the first three months of the year, electric vehicle registrations were up 5.2% (264,268), with a 6.9% share of the market.

Market leader Tesla had registrations fall 12% in March, dragging down the segment. Tesla’s market share fell to 52.4% compared to 61.5% a year ago. Meanwhile, Tesla’s new refreshed Model 3 could be the reason to blame with a 53% decline in registrations.

Tesla said the new Model 3 was supply-constrained in Q1. Some, including Tom Libby, associate director of industry analysis at S&P Global Mobility, expect the Model 3 to make a comeback this year.

Hyundai and Ford see EV registrations surge

Hyundai and Ford strengthened their positions in March as EV registrations accelerated. Ford had triple-digit EV registration growth, claiming the number two spot.

Driven by drastic price cuts, Ford sold 20,223 electric vehicles in the first quarter, up 86% from Q1 2023. The Mustang Mach-E was the second best-selling electric SUV, behind Tesla’s Model Y.

Ford’s F-150 Lightning remained the top-selling electric pickup in Q1, topping the Rivian R1T and Tesla Cybertruck.

Despite the success, Ford is pulling back on several EV initiatives. The company cut the workforce at its Rouge EV plant, where the Lightning is built, citing slower-than-expected demand. It’s also delaying around $12 billion in EV spending.

Meanwhile, Hyundai took third, with EV registrations doubling (+100%) in March. Hyundai set a new March and Q1 sales record with the IONIQ 5, IONIQ 6, and Kona Electric benefitting from strong demand.

Hyundai is one automaker that remains fully committed to selling EVs in the US, and it’s paying off. With some of the most affordable and fuel-efficient EVs on the market, Hyundai expects the momentum to continue this year.

In a new interview, Hyundai Motor America CEO Randy Parker told Electrek that the company remains “all-in” on EVs.

Parker said Hyundai is “putting its money where its mouth is” as it looks to separate itself from rivals. Hyundai’s first dedicated EV and battery plant in the US is opening in GA later this year, which will help improve competitiveness. EVs built at the facility are expected to qualify for the $7,500 federal tax credit.

Hyundai’s US boss told Electrek the company is focused on giving buyers who may be on the fence about buying an EV confidence with more range, faster charging, and unique designs.

Hyundai’s sister company, Kia, also saw EV registrations double, placing fifth. Kia’s new EV9 is already making a big impact, with over 4,000 units sold in Q1.

Luxury automakers BMW (fourth) and Mercedes-Benz (fifth) both saw double-digit EV registration growth in March.

Rivian, with EV registrations flat in March but up 30% in Q1, placed seventh. Rivian is upgrading its manufacturing plant in Normal, IL, to improve efficiency.

Several others lost market share, according to EV registration data. Chevy’s March registrations slipped 66%, with Bolt EV production ending last year. Chevy hopes new EVs like the electric Equinox and Blazer can help spark growth. The Blazer EV had 498 registrations, while the Equinox had 13 as they began hitting dealership lots.

According to March registration data, Toyota (798), Lexus (819), Subaru (427), Fisker (565), VinFast (496), and Lucid (477) were all below the 1,000 mark.

Meanwhile, Japanese rival Nissan had 1,661 registrations for its Ariya electric SUV as it gained ground in the US.

With new exciting models hitting the market, it should be interesting to see which automakers top the list at the end of the year.

Source: Automotive News

In a major milestone, the 2.6-gigawatt (GW) Coastal Virginia Offshore Wind (CVOW), which will be the US’s largest offshore wind farm, has installed its first monopile foundation.

The Orion, DEME Group’s heavy lift vessel, installed the monopile foundation approximately 29 miles off the Virginia Beach coast.

CVOW, which is being developed and will be owned by electric utility Dominion Energy, will feature 176 Siemens Gamesa 14 megawatt (MW) wind turbines, three offshore substations, and new onshore transmission infrastructure.

Once construction is complete in 2026, the US’s largest offshore wind farm will provide clean electricity for around 660,000 households and will support 1,100 jobs. It’s expected to generate fuel savings of $3 billion for customers during the first 10 years of operation.

The monopile foundations – steel tubes driven into the seabed to support the wind turbine generators – were manufactured by Rostock, Germany-based EEW SPC and are being staged at Portsmouth Marine Terminal.

Dominion Energy will continue to install monopiles as planned through the fall of 2024. However, it will pause all monopile installations from November 1, 2024, to April 30, 2025, to safeguard the endangered North Atlantic right whale during its migration period through the project area.

Additional protective measures for whales and other marine life include using bubble curtains – perforated hoses that pump out air to form a barrier of bubbles around the monopiles during installation – which dampen underwater sound waves. Protected Species Observers will staff vessels that will comply with speed restrictions to prevent collisions with the whales.

Robert M. Blue, Dominion Energy’s chair, president, and chief executive officer, said, “We are taking extensive precautions to ensure this project is fully protective of the environment and to protect marine species.”

Read more: This US offshore wind farm is piloting a bubble curtain – what it is and why it’s cool

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