Hyundai Motor Group Chairman Chung Euisun's Bold Innovation Leads to Launch of High-Performance IONIQ 5 N EV
Key Highlights :
Hyundai Motor Group Chairman Chung Euisun’s bold innovation efforts for the high-performance “N” brand have set a new benchmark in the electric vehicle (EV) market with the launch of the brand’s first high-performance IONIQ 5 N EV. Korea’s largest automaker made the global debut of the IONIQ 5 N at the Goodwood Festival of Speed, the U.K.’s largest motor event on Thursday (local time). The new model marks the arrival of a new model for drivers who love the eco-friendliness and high performance of EVs.
The IONIQ 5 N is backed by a high-performance all-wheel drive system, delivering a combined 650 horsepower from its front and rear motors with a 78.5 kilogram-force meter torque. The new model crystalizes the group’s technological capabilities and is the result of Chairman Chung’s vision to grow motorsports and deliver the joy of driving. At the 2018 Consumer Electronics Show, Chung emphasized the need to foster the high-performance car brand, saying “we don’t just need a horse to pull a carriage, we also need a racehorse to fight in the war or run fast”.
In 2015, Hyundai Motor launched the high-performance brand N, which the company said would allow all customers to experience the value of fun driving. In 2017, Hyundai launched the first model under the N brand, the i30, and has since sold more than 100,000 N-branded vehicles in global markets. The IONIQ 5 N has elements of being a “corner rascal”, an everyday sports car, and a vehicle with race track capability, which are the three core elements the N brand strives for.
Hyundai Motor has said that the IONIQ 5 N combines the highest level of technology that they have earned with a challenging time for innovation. The company has promised to continue to provide customers with unchanged driving pleasure in the era of electrification and solidify its leadership in the global EV market.
The launch of the IONIQ 5 N is a testament to the bold innovation efforts of Hyundai Motor Group Chairman Chung Euisun and the passion and full support of the Chairman for high-performance cars. With his strong leadership, the carmaker is writing a new history of the Korean automobile industry.