https://techcrunch.com/2022/07/14/hyundai-to-electrify-high-performance-n-brand/

Hyundai said Thursday it will begin building electric vehicles under its high-performance N brand created to compete with luxury sports cars from Mercedes-Benz and BMW.

The automaker said the Ioniq 5 N, high-performance version of its battery-electric SUV, will launch in 2023. Hyundai also premiered Thursday two high-performance concepts — RN22e and N Vision 74 – to test technology for future models. Neither concept is confirmed for production.