Hyundai working on new high-performance car

Hyundai is planning a new version of the Ioniq 5 that will raise the performance of the electric model, according to a new report from the Korean automaker.

The Hyundai Ioniq 5 is a Pony-styled electric hatchback that is already rear-drive as standard and offers 300 horsepower in top all-wheel drive guise.

That leaves plenty of performance for Hyundai N to unlock on the enthusiast side of the new E-GMP architecture underpinning the automaker’s new EVS, the report says.

Hyundai is also said to be working with hypercar maker Rimac to build a new top-of-range EV performance car, so it would not be much of a stretch to seek out some of that company’s assistance on the rest of its electric vehicles as well.

Chief Marketing Officer at Hyundai Motors, Thomas Schemera, confirmed the development, saying, “Everybody knows that our electric global modular platform (E-GMP) has a lot of potential and shows a lot of flexibility. One thing is for sure, eco-friendly models are on our priority list – at the top.

“We never stop thinking about extending our product portfolio and strategically, we are moving full speed ahead with eco-friendly offerings.

“We are moving ahead with our battery electric concept and our fuel-cell electric concepts.” So does that mean an Ioniq? “I guess it seems to be realistic,” he said.

Popular auto reviewer, Top Gear, thinks the Hyundai Ioniq 5 is the Tesla rival many will want to own.

It says, “The automotive industry has been waiting for a legitimate and affordable Tesla Model 3/Y alternative for quite some time and with the Ioniq 5, it appears Hyundai has delivered just that.”

The Ioniq 5 is an all-new electric mid-size crossover and the first model to be branded under the new ‘Ioniq’ electric sub-brand.

According to carscoops.com, the new Hyundai Ioniq 5 rides on the dedicated Electric-Global Modular Platform (E-GMP), which blends the traditional skateboard design with an elongated wheelbase for attractively styled and practical EVs?

It also features both 400- and 800-volt charging, thanks to the new platform.

When plugged into a 350kW charger, the Ioniq 5 can recharge from 10 to 80 perbcent in just 18 minutes, with the carmaker claiming that five minutes of charging is enough to get 62 miles of range on the WLTP cycle.