Hyundai IONIQ 5 N debuts at Goodwood, kicking off new era of performance-cornering EVs
Almost a year to the day after announcing its new N performance line of EVs, beginning with the IONIQ 5, Hyundai has publicly unveiled the long-teased N version at the Goodwood Festival of Speed. The IONIQ 5 N combines past and present as a nod to Hyundai’s performance arm’s design characteristics, reimagined for the new age of EVs built for track performance and not just speed in a straight line. Ever seen an EV specifically designed for high speed cornering?
At less than seven years old in its own right, Hyundai Motor Group’s N and N Line performance remains a young sub-brand that is already reimagining itself as an all-electric, enhanced performance arm.
We first learned that N brand IONIQ EVs were coming last summer during the global premiere of the IONIQ 6. The end of the 6’s launch video featured Hyundai’s first three E-GMP models flocking along a racetrack before suddenly being joined by two additional models. We would soon learn those were Hyundai’s conceptual “rolling lab” N models.
That same day, Hyundai confirmed the IONIQ 5 would be its first production EV model to don the “N” performance badge. Since then, the team at Hyundai N has teased fans with video updates every couple of months as we approach the performance EV’s full debut at the Goodwood Festival of Speed.
The day has finally come my friends, and the IONIQ 5 N is on full display for all to see, equipped with design and performance features inside and out that are not only synonymous with Hyundai N, but also present a new breed of electric vehicles specifically designed with advanced racetrack capabilities.
Oh, and it can simulate fighter jet noises too.
The IONIQ 5 N is a new breed of EV, not a grocery getter
Hyundai’s IONIQ 5 hatchback (it’s a hatchback no matter what its makers say) continues to help pave the way for the Korean automaker as a serious contender in the global EV market. The “crossover” and its 800V E-GMP platform offer consumers some of the most advanced tech out there right now at very reasonable prices – a reason why the IONIQ 5 was voted car of the year by several organizations.
Still, at its core, the IONIQ 5 is tame. It’s an everyday passenger EV, and a damn good one at that, but not something you’re going to take to the track. The IONIQ 5 N, however, is an entirely different story. The N version is lower, wider, and more aggressive, thanks to its larger wheels (forged 21-inch aluminum and high-grip Pirelli P-Zero tires).
Beginning with the exterior, you’ll notice a new N Mask mesh fascia above a front air curtain with three active air flaps to help cool the EV’s battery. Atop the rear, Hyundai N has added a wing-type spoiler, diffuser, and air outlet to optimize airflow and aerodynamics. The team isn’t sharing the drag coefficient just yet, but the N model is more aerodynamic than the standard IONIQ 5, in addition to being sportier and equipped with better braking capabilities.
These upgrades complement the IONIQ 5 N’s front and rear suspension, which was redesigned from the ground up. The overall exterior seen in the images above and below features Hyundai N’s exclusive colors – Blue Glossy and Performance Blue Matte – in addition to Luminous Orange Matte accents around the rear. (Looks red to me, but hey, still works.) Hyundai says the IONIQ 5 N will come available in 10 different exterior shades as well.
Next, let’s take a gander at the 5 N’s “racing concept” interior as well as its performance specs.
Low seats, racing steering wheel, and sustainable materials
Looking inside the new IONIQ 5 N, drivers will experience racing bucket seats, a fixed center console, knee pads, shin supports, and sustainable materials throughout the cabin. This includes recyclable paperette door garnishes, recycled poly Alcantara seat cover cloth, and recycled yarn from PET bottles.
A new “N” branded steering wheel houses four dedicated buttons, two of which are customizable. The other two control the EV’s four dedicated drive modes as well as toggle the IONIQ 5’s “N Grin Boost” (NGB) – which delivers instant thrust from the dual motors by maximizing the vehicle’s power output and torque for 10 seconds.
We already touched upon the unique performance pillars implemented in the new IONIQ 5 N, including features like N Active Sound + and N e-shift, so let’s dig into the actual performance specs:
| Drivetrain | Battery Capacity |
Max Power Output |
Torque | 0-100 km/h (0-62 mph) |
Top Speed | Est. Range |
| AWD | 84.0 kWh | 609 PS (650 PS NGB) | 740 Nm (770 Nm with NGB) | 3.5 seconds (3.4 sec with NGB) | 258 km/h (160mph) | TBA |
The team at Hyundai N says it fine tuned the existing E-GMP platform specifically for the IONIQ 5 to deliver optimized power, torque, and response. As a track car, the IONIQ 5 N has seen numerous body and chassis reinforcements, including 42 additional welds and another 2.1 meters of structural adhesives to improve its rigidity.
Its Integrated Drive Axles (IDA) were inspired by World Rally Championship racing vehicles and have been implemented on both the front and rear to endure the massive torque its dual motors put out. The EV’s steering column has also been revamped with a bespoke rack to deliver a higher steering ratio and offer enhanced response for drivers.
Additionally, the Hyundai N team is touting a technology it calls “N Pedal,” which increases the regenerative force that creates a specific weight transfer of the vehicle to enable sharper cornering entries, helping alleviate some of the added weight issues EVs with large battery packs are stuck with.
The IONIQ 5 N’s Electronically Controlled Suspension (ECS) system controls the dampening force and improves handling and stability – not to be confused with the EV’s Electronic Stability Control Sport (ESC Sport) system – which helps stabilize the EV during cornering maneuvers by sensing loss of traction and applying brakes to individual wheels. It can also be turned off for a “more authentic” racetrack experience, aka drifting.
There is so much more to unpack here as Hyundai N has put a lot of new and exciting performance technology into its first production EV model, so we highly recommend checking out the company’s full press release to learn more.
If you happen to be in the UK attending Goodwood this year, be sure to stop by the Hyundai N booth and see the souped-up IONIQ 5 in person – and send me pics, please!
Two huge factors we don’t know yet – range and price. That is sure to come later as Hyundai moves closer to getting this N version into scaled production and out to motor sport enthusiasts.
Who knows? Perhaps we can get this one out on a track and see what sort of trouble we can get into with it. Stay tuned!
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Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks.
Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower.
The reversal came after a Bloomberg report that JPMorgan plans to start charging fintechs for access to customer bank data, a move that could raise costs across the industry.
For fintech firms that rely on thin margins to offer free or low-cost services to customers, even slight disruptions to their cost structure can have major ripple effects. PayPal and Affirm both ended the day nearly 6% lower following the report.
Despite its stellar year, the online broker is facing several headwinds, with a regulatory probe in Florida, pushback over new staking fees and growing friction with one of the world’s most high-profile artificial intelligence companies.
Florida Attorney General James Uthmeier opened a formal investigation into Robinhood Crypto on Thursday, alleging the platform misled users by claiming to offer the lowest-cost crypto trading.
“Robinhood has long claimed to be the best bargain, but we believe those representations were deceptive,” Uthmeier said in a statement.
The probe centers on Robinhood’s use of payment for order flow — a common practice where market makers pay to execute trades — which the AG said can result in worse pricing for customers.
Robinhood Crypto General Counsel Lucas Moskowitz told CNBC its disclosures are “best-in-class” and that it delivers the lowest average cost.
“We disclose pricing information to customers during the lifecycle of a trade that clearly outlines the spread or the fees associated with the transaction, and the revenue Robinhood receives,” added Moskowitz.
Robinhood is also facing opposition to a new 25% cut of staking rewards for U.S. users, set to begin October 1. In Europe, the platform will take a smaller 15% cut.
Staking allows crypto holders to earn yield by locking up their tokens to help secure blockchain networks like ethereum, but platforms often take a percentage of those rewards as commission.
Robinhood’s 25% cut puts it in line with Coinbase, which charges between 25.25% and 35% depending on the token. The cut is notably higher than Gemini’s flat 15% fee.
It marks a shift for the company, which had previously steered clear of staking amid regulatory uncertainty.
Under President Joe Biden‘s administration, the Securities and Exchange Commission cracked down on U.S. platforms offering staking services, arguing they constituted unregistered securities.
With President Donald Trump in the White House, the agency has reversed course on several crypto enforcement actions, dropping cases against major players like Coinbase and Binance and signaling a more permissive stance.
Even as enforcement actions ease, Robinhood is under fresh scrutiny for its tokenized stock push, which is a growing part of its international strategy.
The company now offers blockchain-based assets in Europe that give users synthetic exposure to private firms like OpenAI and SpaceX through special purpose vehicles, or SPVs.
An SPV is a separate entity that acquires shares in a company. Users then buy tokens of the SPV and don’t have shareholder privileges or voting rights directly in the company.
OpenAI has publicly objected, warning the tokens do not represent real equity and were issued without its approval. In an interview with CNBC International, CEO Vlad Tenev acknowledged the tokens aren’t technically equity shares, but said that misses the broader point.
“What’s important is that retail customers have an opportunity to get exposure to this asset,” he said, pointing to the disruptive nature of AI and the historically limited access to pre-IPO companies.
“It is true that these are not technically equity,” Tenev added, noting that institutional investors often gain similar exposure through structured financial instruments.
The Bank of Lithuania — Robinhood’s lead regulator in the EU — told CNBC on Monday that it is “awaiting clarifications” following OpenAI’s statement.
“Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments,” a spokesperson said, adding that information for investors must be “clear, fair, and non-misleading.”
Tenev responded that Robinhood is “happy to continue to answer questions from our regulators,” and said the company built its tokenized stock program to withstand scrutiny.
“Since this is a new thing, regulators are going to want to look at it,” he said. “And we expect to be scrutinized as a large, innovative player in this space.”
SEC Chair Paul Atkins recently called the model “an innovation” on CNBC’s Squawk Box, offering some validation as Robinhood leans further into its synthetic equity strategy — even as legal clarity remains in flux across jurisdictions.
Despite the regulatory noise, many investors remain focused on Robinhood’s upside, and particularly the political tailwinds.
The company is positioning itself as a key beneficiary of Trump’s newly signed megabill, which includes $1,000 government-seeded investment accounts for newborns. Robinhood said it’s already prototyping an app for the ‘Trump Accounts‘ initiative.
WATCH: Watch CNBC’s full interview with Robinhood CEO Vlad Tenev
Korean auto giants Hyundai and Kia think lower-priced EVs will help minimize the blow from the new US auto tariffs. Hyundai is set to unveil a new entry-level electric car soon, which will be sold alongside the Kia EV2. Will it be the IONIQ 2?
Hyundai and Kia shift to lower-priced EVs
Hyundai and Kia already offer some of the most affordable and efficient electric vehicles on the market, with models like the IONIQ 5 and EV6.
In Europe, Korea, Japan, and other overseas markets, Hyundai sells the Inster EV (sold as the Casper Electric in Korea), an electric city car. The Inster EV starts at about $27,000 (€23,900), but Hyundai will soon offer another lower-priced EV, similar to the upcoming Kia EV2.
The Inster EV is seeing strong initial demand in Europe and Japan. According to a local report (via Newsis), demand for the Casper Electric is so high that buyers are waiting over a year for delivery.
Hyundai is doubling down with plans to introduce an even more affordable EV, rumored to be the IONIQ 2. Xavier Martinet, CEO of Hyundai Motor Europe, said during a recent interview that “The new electric vehicle will be unveiled in the next few months.”
The new EV is expected to be a compact SUV, which will likely resemble the upcoming Kia EV2. Kia will launch the EV2 in Europe and other global regions in 2026.
Hyundai is keeping most details under wraps, but the expected IONIQ 2 is likely to sit below the Kona Electric as a smaller city EV.
More affordable electric cars are on the way
Although nothing is confirmed, it’s expected to be priced at around €30,000 ($35,000), or slightly less than the Kia EV3.
The Kia EV3 starts at €35,990 in Europe and £33,005 in the UK, or about $42,000. Through the first half of the year, Kia’s compact electric SUV is the UK’s most popular EV.
Like the Hyundai IONIQ models and Kia’s other electric vehicles, the EV3 is based on the E-GMP platform. It’s available with two battery packs: 58.3 kWh or 81.48 kWh, providing a WLTP range of up to 430 km (270 miles) and 599 km (375 miles), respectively.
Hyundai is expected to reveal the new EV at the IAA Mobility show in Munich in September. Meanwhile, Kia is working on a smaller electric car to sit below the EV2 that could start at under €25,000 ($30,000).
According to the report, Hyundai and Kia are doubling down on lower-priced EVs to balance potential losses from the new US auto tariffs.
Despite opening its new EV manufacturing plant in Georgia to boost local production, Hyundai is still expected to expand sales in other regions. An industry insider explained, “Considering the risk of US tariffs, Hyundai’s move to target the European market with small electric vehicles is a natural strategy.”
Although Hyundai is expanding in other markets, it remains a leading EV brand in the US. The IONIQ 5 remains a top-selling EV with over 19,000 units sold through June.
After delivering the first IONIQ 9 models in May, Hyundai reported that over 1,000 models had been sold through the end of June, its three-row electric SUV.
While the $7,500 EV tax credit is still here, Hyundai is offering generous savings with leases for the 2025 IONIQ 5 starting as low as $179 per month. The three-row IONIQ 9 starts at just $419 per month. And Hyundai is even throwing in a free ChargePoint Home Flex Level 2 charger if you buy or lease either model.
Unfortunately, we likely won’t see the entry-level EV2 or IONIQ 2 in the US. However, Kia is set to launch its first electric sedan, the EV4, in early 2026.
Ready to take advantage of the savings while they are still here? You can use our links below to find deals on Hyundai and Kia EV models in your area.
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As EVBox shuts down its Everon business across Europe and North America, EV charging provider Blink Charging is stepping up to offer support to customers caught in the transition.
EVBox’s software arm Everon recently announced it’s winding down operations alongside EVBox’s AC charger business. That’s left a lot of charging station hosts and drivers wondering what comes next. Now, EVBox Everon is pointing its customers toward Blink as a recommended alternative.
Blink says it’s ready to help, whether that means keeping existing chargers up and running or replacing aging gear with new Blink chargers.
“EVBox has played a significant role in the growth of EV charging infrastructure across the UK and Mainland Europe, and we recognize the trust hosts have placed in its solutions,” said Alex Calnan, Blink Charging’s managing director of Europe. “With the recent announcement of Everon’s withdrawal from the EV charging market, it’s natural to have questions about what this means for operations. At Blink, we want to assure Everon customers that we are here to help them navigate this transition.”
Blink says it’s able to offer advice, replacements, and ongoing network management to make the changeover as smooth as possible.
Everon users who switch to Blink will get access to the Blink Network portal via the Blink Charging app. That opens up real-time insight into charger usage and lets hosts set pricing, manage users, and download performance reports.
“At Blink, our charging technology is future-ready,” added Calnan. “With advancements like vehicle-to-grid technology on the horizon, our chargers are built to support the future of electric vehicles and charging habits.”
The company says its chargers are in stock and ready to ship now for any Everon customers looking to make the jump.
In October 2024, France’s Engie announced it would liquidate the entire EVBox group, which it said posted total losses of €800 million since Engie took over in 2017. EVBox is closing its operations in the Netherlands, Germany, and the US.
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