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As Hyundai’s N performance arm approaches the launch of its first-ever track-friendly EV, we got the chance to visit the world-famous Laguna Seca raceway in California to test drive the Hyundai IONIQ 5 N. Be sure to check out the full video review below.

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The Hyundai IONIQ 5 N has finally arrived

It’s been nearly two years since we first learned of an N-brand version of the relatively new Hyundai IONIIQ 5 EV when it was featured in a teaser video shared by the Korean automaker during the global premiere of the IONIQ 6.

As the first all-electric Hyundai model to adorn the “N” performance badge, a lot has been leading up to our recent test drive, but the details Hyundai has shared along the way have been quite encouraging.

 First, we saw footage of a camo’d Hyundai IONIQ 5 run at Nürburgring, followed by its official public debut in July 2023 during the Goodwood Festival of Speed. By November, the performance EV model had made its official debut in North America, followed by shared pricing this past March before deliveries began.

While first customers await their own track-capable IONIQ 5 N, Hyundai invited some media out to Monterey, California, to experience the unique EV and its various drive elements where else but Laguna Seca.

Hyundai IONIQ 5 N kicks the door in on EV motorsports

As you’ll see in my first-drive review video below, the Hyundai IONIQ 5 N is more than just an EV that can corner and simulate gear shifts. Its reinforced structure, low profile, and boosted specs compared to the standard crossover make the N model the first true all-electric racing car beyond the 0-60 mph straightaway.

The Hyundai N team was clever in essentially utilizing the same footprint as the original IONIQ 5 but optimizing it for tight maneuvers and aerodynamics. For example, the N model is slightly longer, wider, and lower in height than the original 5, with larger wheels and wider tires (custom Pirelli P ZEROs).

The 5 N features an integrated drive axle, the same as in the Elantra N, which was also available to drive at Laguna Seca on an autocross course. Hyundai N also implemented rack-type motor-driven power steering, which is more rigid. Lastly, the suspension layout is precisely the same as the IONIQ 5, but each component in the new EV variant is entirely unique to the N variant.

N-Brand exclusive components decorate the EV’s exterior, from a new custom front bumper and grille with active air flaps to wheel arches and a rear spoiler that allows air to flow more easily. In true Hyundai fashion, the (speedy) devil is in the little details. The IONIQ 5 N features a unique black aluminum badge, a bright orange racing stripe, and “N” logos throughout.

I loved the subtle nod to the racetrack by implementing checkered flags in unassuming spots like the rear reflectors, door panels, and base frames. If you’ve driven the original IONIQ 5, you won’t notice a massive veer from its interior in the N-version. However, those few changes are quite an upgrade, especially from a racing comfort perspective.

The seats are sportier buckets styled with Alcantara, resembling more of a track car while still offering air conditioning for those whose backs tend to sweat when they’re trying the corkscrew at Laguna Seca for the first time. The center console was also completely redesigned for function and more comfort. By that, we mean it has more cushioning and padding with fewer moving parts, so if your leg keeps bumping it during hot laps, it won’t bother you.

The steering wheel is the centerpiece of the Hyundai IONIQ 5 N’s interior. It provides a comfortable grip and easy access to drive modes and other vehicle functions, such as regenerative braking and N e-Shift.

Navigating Laguna Seca in the Hyundai IONIQ 5 N

Before I took to the famous raceway in California, I got the chance to take the 5 N out in streets around the area and get feel for it… you know, at regular speeds. First impressions were that it was definitely an IONIQ – smooth right, that recognizable EV hum, and excellent i-Pedal regenerative braking.

Once I got out around some curvy roadways, I switched through the 5 N’s drive modes using the new steering buttons. That’s when I first experienced the EV’s N Active Sound+. I recommend checking out my initial reaction in the video below. This feature is wild and never something I thought I’d like, but I truly did.

I did three runs at Laguna Seca in the Hyundai IONIQ 5 N, each consisting of a lead lap behind a professional driver (both of which will be racing up Pike’s Pike for Hyundai this summer), followed by three hot laps.

Each run, we explored a different drive style the IONIQ 5 N had to offer, including N Race mode that enables the use of N Grin Boost for 10 seconds of maximum horsepower, and N e-Shift, where the driver can manually “shift gears” from the steering wheel – both of which are accompanied by the Active Sound+.

I’m admittedly not much of an experienced track driver, so the looming thought of racing around Laguna Seca in someone else’s shiny car had me a little anxious, but as a passenger EV that can essentially double as a track car, the Hyundai IONIQ 5 N was the perfect vessel for me to test drive the famous track, and I was immediately hooked.

I genuinely felt the rear electronic limited-slip differential (e-LSD) and N electronically controlled suspension (ECS) components in the 5 N’s chassis, which helped keep the BEV super sticky around corners while still giving me the freedom to whip that tail end around if I wanted… or a couple of times when I wasn’t trying to (came in a little hot on turn six the first couple runs!)

While I was a fan of the simulated engine noises, I didn’t like N e-Shift and turned it off halfway through the first lap. I could see how a more traditional racing enthusiast could have more fun with this. Still, as a younger person who (don’t kill me) has never driven a manual, I don’t see the need to pretend like you’re switching gears, especially since the car just buzzes at you but doesn’t have a clutch or anything. It also significantly slows the EV down in that mode, pass for me.

By my third run, I had those tires squealing and got to use N Grin Boost a couple of times on straightaways to really feel the full 641 horsepower of the 5 N. I felt like I was in a Fast and Furious race or something, hitting my “NOS” button to break someone’s heart and take their pink slips. I definitely would have kept someone’s Hyundai IONIQ 5 N, that’s for sure.

Specs, pricing, and our video review

Overall, I think the Hyundai IONIQ 5 N is a genuinely superb vehicle. Is it going to be for everyone? Absolutely not. Most consumers will be more than happy with an SEL or Limited version of the standard IONIQ 5 and save a little cash.

However, if you come from the racing world and like cornering and track days, this might be the perfect car for you. You get all the same design features as the award-winning IONIQ 5 (albeit significantly lower range because of all its power – 221 miles), but also a slew of N-specific add-ons included from both a performance and aesthetic level.

Keep in mind that this is still an 800V platform and can recharge 10-80% in just 18 minutes. I personally like that Hyundai is selling the IONIQ 5 N as an all-in-one package model with everything included. It costs $66,100 before taxes and fees and includes everything mentioned above and then some.

At that price, it is Hyundai’s most expensive version of the IONIQ 5 (about $8,500 more than the Limited AWD trim), but that’s still a pretty reasonable price if you compare it to other crossovers on the market – none of which you can actually take to a track and do more than drag race and maybe some autocross.

I’ve never really had any interest in visiting racetracks, let alone driving on them, but now that there’s a viable BEV option that not only looks cool as hell but can also perform, I’m digging it. I finally see what all those combustion fans get so excited about. I feel the IONIQ 5 N is an excellent bridge between both groups of enthusiasts, providing a vehicle that both traditional race fans and clean energy BEV enthusiasts can get excited about together.

This car will definitely have a crowd around it on track days, and I think that’s an awesome idea for the future of electric motorsports. As promised, here’s my video review, including some loud drive footage of the Hyundai IONIQ 5 N at Laguna Seca.

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Gogoro announces major partnership to help accelerate global expansion

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Gogoro announces major partnership to help accelerate global expansion

Gogoro, the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. After a week full of major news, the company is back with perhaps its biggest announcement lately: a plan for a major partnership that will see the company greatly expand the use of its swappable battery standard.

Oh, and not just for light electric vehicles anymore.

Today, Gogoro announced signing an MOU to form a new partnership with Japanese giants Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) to accelerate Gogoro’s global business expansion. The agreement is set to provide Sumitomo and SMFL access to Gogoro’s Smart Batteries and battery-swapping system to allow the companies to expand their mobility business and second-life battery use cases.

It’s hard to overstate Sumitomo’s magnitude, owning over 900 subsidiary companies with 80,000 employees. With a reach across broad industries including automotive, transportation & construction systems, and diverse urban development, Sumitomo is poised to help drastically expand the use of Gogoro’s swappable battery standard.

Many people think of Gogoro as an electric scooter company, but Gogoro is really more of an energy platform. Sure, the company is famous for its fashion-forward and high-performance electric scooters, but the Gogoro swappable battery standard is the key to Gogoro’s success.

The batteries are designed to power not just electric scooters (either Gogoro’s own or the countless other OEMs that now build light electric vehicles powered by Gogoro batteries), but also to power many other devices. That’s why partnerships are a key part of Gogoro’s growth model, leveraging the success of the batteries in its electric scooters to position them for even more far-flung energy uses.

“Gogoro’s innovative business ecosystem is designed to create broader business partnerships and business models that were not previously possible. Today, Sumitomo and SMFL are looking to accelerate Gogoro’s global business expansion while utilizing Gogoro Smart Batteries and battery swapping to drive expansion of their own mobility business and second life battery revenue,” said Horace Luke, founder and CEO of Gogoro. “Together, Gogoro, Sumitomo and SMFL share a vision for accelerating the expansion of sustainable energy and transportation in the world’s most densely populated cities.”

gogoro battery swap

“Gogoro’s potential partnership with Sumitomo and SMFL, a global leader in financing and leasing, would establish a new asset class using Gogoro smart batteries to create new business opportunities for Sumitomo and SMFL to utilize Gogoro’s batteries for expanding their mobility business as well as generating second life battery revenue,” said Bruce Aiken, CFO of Gogoro. “Amongst the many new business opportunities, this partnership would enable a new asset-light expansion model for Gogoro that doesn’t require a large upfront capital investment while increasing the financial efficiency of our new markets.”

Gogoro has been on a tear lately, expanding into new markets with both its SmartScooters and its swappable batteries. This new partnership could help expedite that expansion and open up new opportunities for those very batteries to extend their useful lives even further.

By using Big Data to intelligently charge and cycle its battery packs by monitoring dozens of parameters across millions of batteries, Gogoro has been able to pull an impressive lifespan from its more than 1.8 million battery packs and counting. When the batteries first began circulation back in 2015, Gogoro estimated that the packs would last nearly a decade. More recently, the company has pushed that estimate out to around 12 years, largely thanks to its intelligent charging capabilities and sophisticated operations management that helps optimize battery distribution and use.

But even when the batteries have finished their useful life for mobility applications, an entire range of second-life uses remain. Gogoro already has several stationary energy storage applications in use, such as powering smart parking meters and serving as backup power for traffic lights when the energy grid falls. But there are countless more examples of energy storage projects that would be ideal for such a small format and easily manageable battery packs built on a common standard.

An agreement with Sumitomo could be a key accelerator for Gogoro, as SMFL’s mid-term management plan strategy includes the realization of a battery circular economy through the creation of a battery reuse and recycling business using Gogoro’s smart batteries. According to the announcement, SMFL plans to seek new unique business opportunities using Gogoro’s smart batteries as a new asset class for mobile second-life sustainable energy usage.

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Daily EV Recap: US to phase out coal by 2030s

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Daily EV Recap: US to phase out coal by 2030s

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Daily EV Recap: US to phase out coal by 2030s

Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available.

Stories we discuss in this episode (with links)

Tesla unveils new Cybertruck off-roading features, Cybertent mode, and more

NIO begins public trials of its 150 kWh semi-solid-state battery packs ahead of a full rollout

Breaking: US, other G7 countries to phase out coal by early 2030s

Tesla (TSLA) surges on reports China is approving Full Self-Driving deployment

California now has 1 EV fast charging station for every 5 gas stations

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Drop us a line at tips@electrek.co. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!

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Daily EV Recap: US to phase out coal by 2030s

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You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.

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Nevada put big battery energy storage where a coal plant used to be

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Nevada put big battery energy storage where a coal plant used to be

Nevada utility NV Energy’s largest battery energy storage system sits on a former coal-fired power plant site and will save customers a lot of money.

Swiss-US battery energy storage specialist Energy Vault (NYSE: NRGV) built the 220 MW/440 MWh grid-tied Reid Gardner Battery Energy Storage System (BESS) in Moapa, Nevada, 50 miles northeast of Las Vegas. Energy Vault will maintain the system.

The new BESS is on the site of the former 557-megawatt (MW) coal-fired Reid Gardner Generating Station, which was demolished in 2019.

It’s a two-hour energy storage system that stores and dispatches excess wind and solar power. It’s charged and discharged daily and dispatches stored renewable energy at peak consumption hours to help meet demand.

NV Energy CEO Dough Cannon explained to local TV network KTNV:

The hours that [NV Energy] really get concerned about are from about 5 pm to 9 pm. Because what happens, at that point, is the solar energy has really started to ramp off as the sun’s going down. And so, we have often had to go out to the market, the energy market, and buy energy to meet the needs between 5 pm and 9 pm.

Over the last couple of years, on average, we’ve paid $250 a unit of energy during those hours. We look at a project like this, and this can deliver energy for closer to $100 an hour a unit of energy.

The Inflation Reduction Act covered 40% of the project’s $250 million cost. Cannon told KTNV that thanks to the new BESS, the utility’s customers would see a 15-20% reduction in their bills by the end of 2024.

Read more: US, other G7 countries to phase out coal by early 2030s


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Daily EV Recap: US to phase out coal by 2030s

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