The high- performance N brand will compete with luxury sports cars from Mercedes-Benz and BMW, according to the company.

The Ioniq 5 N is a high- performance version of the SUV. The RN22e and N Vision 74 are high- performance concepts that are being tested. Both concepts are not confirmed for production.

The Ioniq 6 battery-electric sedan is designed to challenge the Model 3 for the sales crown. The Ioniq 6 will travel 610 kilometers on a fully charged battery. The Model 3's Long Range version is about the same as this one.

The Ioniq 6's body design is used in the RN22e concept to enable its extended range. The N Vision 74 concept is a high- performance hydrogen fuel cell hybrid model that draws inspiration from both the 1974Hyundai Pony Coupe concept and the N Vision 25 concept.

As it attempts to evolve from a budget friendly mainstream automaker to a top global luxury EV maker, both are designed to showcase the vision of the future. The first two models in the Ioniq brand are the Ioniq 5 SUV and Ioniq 6.

The creation of the N brand was to establish performance credentials for the company. The N stands for Germany's famed racetrack in Nrburgring. It was an unusual strategy for a mainstream brand to go head-to-head with cars from other brands, but now it is clear thatHyundai wants to go upscale and compete in the luxury market.

A halo vehicle is a True N car. The number of Ioniq 5 Ns it will build is not known.