Hyundai reveals IONIQ 5 N price starts at ,100, topping the Tesla Model Y Performance

Hyundai reveals IONIQ 5 N price starts at $66,100, topping the Tesla Model Y Performance

Published

2 years ago

March 12, 2024

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The first Hyundai N brand high-performance EV will start at $66,100 (excluding destination). Hyundai says the 641 hp IONIQ 5 N starting price sets a “new benchmark for engaging, all-electric high performance.” But how does it stack up against the Tesla Model Y Performance?

Hyundai’s first N brand performance EV lands in the US

Hyundai’s first N-brand electric performance EV, the IONIQ 5 N, made its North American debut at Automobility LA in November. It will hit US dealers this month.

“Our fully equipped IONIQ 5 N delivers a new level of driver engagement in the world of all-electric high performance,” said Hyundai North America CEO Jose Munoz.

The IONIQ 5 N was “developed to take driving fun to a new level” with new technology to maximize the three “N pillars,” Corner Rascal, Racetrack Capability, and Everyday Sportscar.

Based on Hyundai’s E-GMP platform and a dual-motor powertrain, the IONIQ 5 N delivers up to 641 horsepower (478 kW). Hyundai says the added power is thanks to a two-stage inverter that boosts output from the vehicle’s new 84 kWh battery.

With N Grin Boost engaged, the EV’s motors spin up to 21,000 rpm, providing up to 641 hp for 10 seconds.

Other features like the N Pedal, N Drift Optimizer, and N Torque Distribution improve the EV’s handling and cornering abilities.

Hyundai IONIQ 5 N price starts at $66,100

The N Race feature is optimized for endurance on the circuit to enable the fastest possible laps overall. New N-tuned brakes are Hyundai’s most powerful braking system yet with new material to improve airflow and cooling.

Hyundai included N e-shift and N Active Sound to replicate an ICE sports car’s shifting feel and sounds.

Added exterior design elements like a black wing and wing-type spoiler increase aerodynamics while adding a sporty style. The performance EV is 0.79″ lower and 2.0″ wider than the standard IONIQ 5 N.

The interior is loaded with N-branded elements, including the steering wheel seats, door scuff panels, and metal panels.

Hyundai revealed the new IONIQ 5 N will start at $66,100 (without destination). Including a $1,375 destination fee, the 2025 Hyundai IONIQ 5 N price will be $67,475.

	Horsepower	0 to 60 mph (Seconds)	Starting Price
Hyundai IONIQ 5 N	641	3.25 (W/ Launch Control and N Grin Boost function)	$66,100
Tesla Model Y Performance	455	3.5	$52,590

Hyundai IONIQ 5 N price vs Tesla Model Y Performance

That’s more than the Tesla Model Y Performance. Tesla’s Model Y Performance starts at $52,590 with up to 455 hp and a 0 to 60 mph sprint in 3.5 seconds.

Which performance EV are you choosing? The Hyundai IONIQ 5 N or Tesla Model Y Performance? Let us know in the comments below.

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Environment

Trump admin OKs $1B loan for Three Mile Island nuclear reboot

Published

5 hours ago

November 18, 2025

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Three Mile Island loan — By Constellation Energy – CC BY-SA 4.0

The US Department of Energy’s Loan Programs Office (LPO) closed a $1 billion loan to restart Three Mile Island Unit 1, a nuclear reactor at Three Mile Island in Londonderry Township, Pennsylvania.

The money is being loaned to Constellation Energy Generation, which is renaming the 835 megawatt (MW) Three Mile Island Unit 1 the Crane Clean Energy Center. Constellation said in September 2024 that it would restart the reactor under a power purchase agreement with Microsoft, which needs more clean power to feed its growing data-center demand.

The project is estimated to cost around $1.6 billion, and the DOE says the project will create around 600 jobs. The reactor is expected to start generating power again in 2027.

Three Mile Island Unit 1 (in the foreground in the photo above) went offline in 2019 because it could no longer compete with cheaper natural gas, but it wasn’t decommissioned. It’s capable of powering the equivalent of approximately 800,000 homes. It’s on the same site as the Unit 2 reactor (in the background in the photo above) that went into partial nuclear meltdown in 1979, and is known as the worst commercial nuclear accident in US history.

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When asked about the loan’s timing, Greg Beard, senior adviser to the Loan Programs Office, told reporters on a call that it would “lower the cost of capital and make power cheaper for those PJM [Pennsylvania-New Jersey-Maryland] ratepayers.” Data centers are driving up electricity costs for consumers.

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Environment

Ford opens orders for the electric Bronco in China, starting at under $33,000

Published

6 hours ago

November 18, 2025

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Ford opens orders for the electric Bronco in China, starting at under ,000

An affordable Bronco EV? Not for those in the US. Ford opened orders for the electric Bronco in China, starting at under $33,000.

Ford Bronco electric pre-orders open at under $33,000

Ford announced the All-Wheel Drive electric SUV is officially open for pre-sale on Tuesday, starting at RMB 229,800 ($32,300).

The electric Bronco is available in pure electric (EV) and extended range electric vehicle (EREV) options. It’s offered in three variants, priced from RMB 229,800 ($32,300) to RMB 272,800 ($38,400).

All models are All Wheel Drive, while the pure electric version costs an extra 10,000 yuan ($1,400). Ford is offering pre-sale buyers some pretty sweet benefits, including a camping experience package (with an added roof tent), a Mountain Kitchen Multi-Function Tailgate gift, an overnight stay package (for your vehicle), and more.

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The electric Ford Bronco is about the same size as the standard 4-door version sold in the US at 5,025 mm long, 1,960 mm wide, and 1,815 mm tall.

Although it may look the same, the EV version draws power from a 105.4 kWh LFP battery pack from BYD’s FinFreams, providing up to 650 km (404 miles) CLTC driving range.

It’s equipped with two electric motors, one in the front and the other in the rear, producing a combined 445 horsepower (332 kW).

The EREV version combines a 43.7 kWh battery with a 1.5T engine, delivering a pure-electric range of 220 km (137 miles) and a combined CLTC driving range of 1,220 km (758 miles).

Some of the higher trims feature Ford’s Fuyu ADAS system, developed exclusively for buyers in China with a roof-mounted LiDAR and over 30 sensors and cameras. It even features a cool “off-road logbook” that shows drivers over 20 popular routes across China.

The interior is custom-tailored for Chinese buyers with a 15.6″ central infotainment and a smaller driver display screen. It also offers a massive 70″ AR head-up display (HUD).

Unlike the Ford vehicles we’re accustomed to seeing, the electric Bronco includes a 7.5L refrigerator in the center console.

The AWD electric SUV is coming at a critical time as Ford aims to revamp its business in China. Ford is working with local partners on new technologies, designs, and powertrain ideas for global markets.

Ford’s sales in China are down by over 14% through October this year, but new electrified vehicles, including the Bronco, are expected to help turn things around. Ford’s lineup in China mainly consists of gas-powered vehicles, which have quickly fallen out of favor with buyers shifting to more advanced, more efficient, and often lower-priced domestic EVs.

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Environment

Trump administration backs Three Mile Island nuclear restart with $1 billion loan to Constellation

Published

7 hours ago

November 18, 2025

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The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.

Danielle DeVries | CNBC

The Trump administration will provide Constellation Energy with a $1 billion loan to restart the Crane Clean Energy Center nuclear plant in Pennsylvania, Department of Energy officials said Tuesday.

Previously known as Three Mile Island Unit 1, the plant is expected to start generating power again in 2027. Constellation unveiled plans to rename and restart the reactor in Sept. 2024 through a power purchase agreement with Microsoft to support the tech company’s data center demand in the region.

Three Mile Island Unit 1 ceased operations in 2019, one of a dozen reactors that closed in recent years as nuclear struggled to compete against cheap natural gas. It sits on the same site as Three Mile Island Unit 2, the reactor that partially melted down in 1979 in the worst nuclear accident in U.S. history.

The loan would cover the majority to the project’s estimated cost of $1.6 billion. The first advance to Constellation is expected in the first quarter of 2026, said Greg Beard, senior advisor to the Energy Department’s Loan Programs Office, in a call with reporters. The loan comes with a guarantee from Constellation that it will protect taxpayer money, Beard said.

Constellation’s stock was up more than 2% in after hours trading on Tuesday.

The control panel in the main control room of the Three Mile Island Nuclear power plant is seen on Oct. 30, 2024 in Middletown, Pennsylvania, U.S.

Danielle DeVries | CNBC

CEO Joe Dominguez hinted at federal financial support previously, telling investors in Sept. 2024 that Constellation would “take a look as we finance the project at loan guarantees and other things that will be available.” Constellation is the largest operator of nuclear plants in the U.S.

When asked why Constellation was receiving the loan now, Beard said Tuesday that Constellation could have completed the project without help from the Energy Department. But the loan will help make electricity cheaper for consumers on the grid operated by PJM Interconnection, which serves more than 65 million people across 13 states, Beard said.

“What’s important for the administration is to show support for affordable, reliable, secure energy in the U.S.,” Beard told reporters. “This loan to Constellation will lower the cost of capital and make power cheaper for those PJM ratepayers.”

Electricity prices

Energy Secretary Chris Wright said last week that his department’s loan office would use most of its money to support the nuclear industry. President Donald Trump signed four executive orders in May that aim to significantly expand new nuclear capacity.

Consumers in many states in the PJM region are facing significant electricity price increases as the rapid increase in demand from artificial intelligence data centers outstrips available supply.

“We want to bring as much net addition of dispatchable, reliable electricity onto the grid to stop these price rises in electricity,” Wright told reporters on Tuesday.

The turbine deck of the Three Mile Island Nuclear power plant is seen on Oct. 30, 2024 in Middletown, Pennsylvania, U.S.

Danielle DeVries | CNBC

The Crane Clean Energy Center is one of three shuttered nuclear plants in the U.S. that are aiming to start generating power again this decade subject to approval by the Nuclear Regulatory Commission. Crane had the capacity to power more than 800,000 homes when it closed in 2019, according to Constellation.

The Energy Department is supporting the restart of the Palisades nuclear plant in Michigan with a $1.5 billion loan to Holtec International. NextEra Energy announced in October plans to restart the Duane Arnold nuclear plant in Iowa through an agreement Alphabet‘s Google Unit.

When asked whether NextEra will receive a loan for Duane Arnold, Beard told CNBC that Trump’s executive orders direct the Energy Department to “prioritize the restart of nuclear reactors.”