- No launch date has been confirmed for the model, but it will arrive before 2030.
- N division boss Albert Biermann recently rejected the idea of producing the N Vision 74.
- The production model may have a different powertrain than the original concept.
Hyundai appears to have quietly confirmed that the N Vision 74 will reach production after years of speculation and reports claiming it would be produced, and others that said it’d never see the light of day.
During the automaker’s recent 2024 CEO Investor Day, a detailed presentation was made about the company’s future plans, accompanied by a 71-page slideshow. One of these slides reveals that Hyundai will launch 21 new electric vehicles by 2030, and listed under planned N and Genesis models is the N Vision 74 as what it describes as a “high-performance EV.”
Read: Hyundai To Double Hybrid Lineup, Launch Extended-Range EVs
No other details are provided about the vehicle, but Hyundai says it plans to “provide customers with a wide range of options for mass-market to luxury/high-performance models,” from its EV range.
Speculation has been rife about the N Vision 74’s future since it was presented in mid-2022. The concept had a 62.4 kWh battery pack and a hydrogen fuel tank driving electric motors with a combined 670 hp and 664 lb-ft (900 Nm) of torque. It’s possible the production model could be all-electric, as the slide makes no mention of any of the firm’s future EVs adopting hydrogen fuel tanks.
In May, a report from Korea claimed that Hyundai had given the green light to build 200 road-going examples of the concept, with production reportedly set to commence in June 2026. Each unit may cost in excess of $300,000, and it will serve as a new halo vehicle for the marque, much like how the LFA pushed Toyota and Lexus to new heights.
It looks as though Hyundai has gone against the wishes of its executive technical advisor and mastermind of the N brand, Albert Biermann, in approving the car for production. While speaking with CarScoops in February, Biermann didn’t appear interested in building the N Vision 74, saying the job of the N brand is not to make “show cars,” but to “make cars for the kids, for the enthusiasts,” that are affordable and “track day capable.”