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March 27, 2024

Hyundai Ioniq 5 N Is 2024 World Performance Car Of The Year

The Hyundai Ioniq 5 N is the 2024 World Performance Car of the Year. The high-performance EV managed to beat two BMWs—the XM and M2 to take the top honors. This also continues Hyundai’s winning streak at the World Car Awards to three years.

“We are thrilled and honored to receive the prestigious World Performance Car award for our Ioniq 5 N,” said Jaehoon Chang, President and CEO of Hyundai Motor Company. “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 with a total of seven World Car Awards titles in the last three years. We are proud to continue our winning streak and solidify Hyundai’s position as a leader in the global EV industry.”

Hyundai Motor’s many nominations reflect its growing stature on the global stage and build on its past success at the World Car Awards. The Ioniq 5 and Ioniq 6 took back-to-back triple victories in 2022 and 2023 with the World Car, World Electric Vehicle, and World Car Design titles.

“On behalf of the entire N team, it’s very gratifying to receive this well-earned recognition from the prestigious World Car Awards jury,” said José Muñoz, President and Global COO of Hyundai Motor Company. “We dedicate this amazing award to our passionate customers who appreciate high-performance vehicles, and we pledge to continue to deliver vehicles that excite and inspire. We are thrilled to lead the charge in this new era of electric performance vehicles and are committed to continually challenging the limits of engineering possibilities for smart mobility.”

Introduced in July 2023 and arriving in the Philippines towards the latter half of 2024, the Ioniq 5 N represents a new segment of driver-focused high-performance EVs through new technologies and elevated racetrack capability, signaling the first step in N’s electrification strategy. It combines the standard Ioniq 5’s Electric Global Modular Platform (E-GMP) with N’s motorsport-bred technologies and leverages N’s expertise from electrified ‘Rolling Labs’ to maximize the EV’s high-performance capabilities.

“The 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 Company. “The accolades and recognition we have received validate our commitment to delivering innovative, driver-focused electric vehicles. With the Ioniq 5 N, we are not just redefining what a performance car is, but also shaping the future of electric driving fun.”

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