The 2025 Hyundai Ioniq N is set to go on sale in the U.S. this month, and now we know how much it costs.

As you can currently buy it, the all-electric Hyundai Ioniq 5 is already a decently quick little crossover. Now, though, the automaker’s about to bring out the big guns by finally launching the 641-horsepower* N version. With that much power on tap, not to mention the host of other upgrades Hyundai’s bringing to its hottest performance model yet, you’d expect the Ioniq 5 N to demand a high price tag. And you’d be right: When it actually hits dealerships next month, this variant will cost you a cool $67,475 (assuming you get one at MSRP).

“We are confident that both current Hyundai customers and new buyers will be impressed with the exceptional dynamism, emotion and innovation of our new Ioniq 5 N,” said Hyundai Motor Company president and global COO José Muñoz. What do you actually get for that sort of cash, though?

The 2025 Hyundai Ioniq 5 N still packs a dual-motor, all-wheel drive setup with a single-speed reduction gear, like we saw with the initial car’s launch. This time around, though, we’re talking about much beefier motors at each end. The front motor on the N puts out 166 kW while the rear motor manages 282 kW. Put them together, and you get a total 601 horsepower (448 kW), as opposed to the regular AWD car’s 302-horsepower output. Add to that Hyundai’s “N Grin Boost” facility that provides 10-second bursts of extra power, and Hyundai claims an estimated total of 641 horsepower from its motors that spin up to 21,000 RPM.

While it’s definitely not unusual for high-performance EVs to put out big numbers, Hyundai’s N division came up with a few more tricks for its sportiest model. The car has a “Torque Kick Drift” function that allows the driver to simulate the clutch-kick action of a rear-wheel drive gasoline vehicle for some tail-out action. The 2025 Hyundai Ioniq 5 N also packs an electronic limited-slip differential and torque distribution with 11 adjustment levels, so drivers can dial in the exact sort of setup they want, whether it be something approaching a 50/50 split or more of a rear-biased driving experience.

Where does it stand against its rivals?

The Ioniq 5 N’s price point comes out higher than some of its closest competition. The Tesla Model Y Performance is the most obvious rival, and currently comes in at $52,490. Unlike the Hyundai (assumingly based on the standard model), you can knock that price tag down farther thanks to available federal and state tax credits.

The Ford Mustang Mach-E GT, after starting off higher than $60,000, actually fell to $59,990 for the 2023 model year — and you can find examples in stock for thousands lower than that. Keep in mind, though, the hottest Mach-E only packs 480 horsepower and hits 0-60 in around 3.5 seconds (like the Model Y), so it’s a bit slower than the Hyundai.

But what about its cousin, the Kia EV6 GT? Well, that starts off at $62,795, so it’s one of the closest to the Ioniq 5 N, but it’s still around $5,000 cheaper.

Hyundai emphasizes all the track-focused features of the hottest Ioniq 5 model.

From its initial debut, one of the Ioniq 5 N’s focal points has been bridging the gap with a conventional, high-performance internal combustion car. That’s where features like N Active Sound+ and N e-shift come in, which actually mimic the sound and feel of an 8-speed dual-clutch transmission, even though we’re talking about a direct-drive, single-speed EV here.

Going back to the EV side of the equation for a moment, the 2025 Hyundai Ioniq 5 N does have an 84-kWh battery, while drivers can recharge at up to 238 kW on a 350-kW charger, according to the company’s spec sheet. With that peak charge rate, Hyundai says you can recharge from 10% to 80% in about 18 minutes. The N engineering team also focused on beefing up the battery pack’s cooling capacity for severe track use, and the car gets a “Track SOC” feature that displays the electricity consumption each lap so the driver knows how long they can run when they’re really going for it on a circuit.

Neither Hyundai nor the EPA have released official range figures yet. However, I’d expect to see it somewhere in the 200-ish mile range with that much power on tap. The Kia EV6 GT, which is a bit less powerful, manages an EPA-estimated range of 206 miles.

Also aiding performance, the new Ioniq 5 N sports larger brakes with 15.75-inch front rotors and four-piston monoblock calipers. The N Brake Regen system offers up to 0.6 g of deceleration force on the track, and also blends into drivers actually using the hydraulic brakes where even more stopping power is necessary.

Overall, the new Ioniq 5 N sits 0.79 inches lower than the standard car, while the wheel flares make it 2 inches wider. The rear diffuser increases the N’s overall length by 3.2 inches, while the car also sits on 21-inch wheels wrapped in Pirelli P Zero summer tires.

We’ll have more coverage of the 2025 Hyundai Ioniq 5 N in the coming weeks, so stay tuned! In the meantime, check out Tommy’s first look at the hottest N model at last year’s Goodwood Festival of Speed in the UK: