The Hyundai Ioniq 5 N is the 2024 World Performance Car of the Year

The Hyundai Ioniq 5 N is hailed as the 2024 World Performance Car of the Year at the World Car Awards. It was chosen from an initial list of 17 cars that was narrowed down to 5 and later on 3. It bested European contenders in the BMW XM, BMW M2, Ferrari Purosangue, and the Porsche Cayenne Turbo E-Hybrid. 

This is the 7th World Car of the Year (WCOTY) accolade for Hyundai, and 4th for the Ioniq 5 line. They were a triple winner in 2022 as the Ioniq 5 won the World Car of the Year, World Electric Car of the Year, and World Car Design of the Year. They won those same awards in 2023 but with the Ioniq 6.

“This recognition is a testament to Hyundai’s commitment to pushing the boundaries of electric performance and innovation. It is truly gratifying to see our efforts rewarded once again at the globally renowned World Car Awards. We are proud to continue our winning streak and solidify Hyundai’s position as a leader in the global automotive industry” said Jaehoon Chang, President and CEO of Hyundai Motor Company. 

The Hyundai Ioniq 5 was the first crossover under the all-electric Ioniq line launched in 2021 and was first to use the Hyundai Electric Global Modular Platform. In 2023, they launched the Ioniq 5 N, the first all-electric car to wear the N badge from Hyundai’s high-performance division. It has 2 motors with a total output of 600 horsepower, which goes up to 641 horsepower when Boost Mode is activated and lasts up to 10 seconds. It goes from standstill to 100 kph in 3.4 secs (with Boost), and has a top speed of 260 kph. It’s also formidable in city driving with its fast charging capability of 10%-80% in 18 minutes and around 450km of driving range. 

“IONIQ 5 N represents a defining moment for Hyundai N and our electrification strategy. By combining our E-GMP platform with N’s motorsport expertise, we have created a groundbreaking high-performance EV that has set a new benchmark in the industry,” said Till Wartenberg, Vice President and Head of N Brand & Motorsport at Hyundai Motor Compnay. “The accolades and recognition we have received validate our commitment to delivering innovative, driver-focused electric vehicles. With IONIQ 5 N, we are not just redefining what a performance car is, but also shaping the future of electric driving fun.”

In the Philippines, the Hyundai Ioniq 5 is available in 2 trims, standard (384 km) and long range (451 km), and has a starting price of PHP 3,068,000. Also available is the Ioniq 6 priced at PHP 3,798,000. 

We’ll get our first taste of Hyundai N at the upcoming Manila International Auto Show as Hyundai Motor Philippines brings in the Elantra N along with the Elantra N TCR, the winner of the 2023 TCR World Tour Drivers’ Championship.

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