Hyundai reportedly can’t decide whether or not to put its wild N Vision 74 concept into production, with the latest rumours out of South Korea suggesting the carmaker has backed out of its plans.
Korean outlet INews24 reports word from a Hyundai insider who said “the N Vision 74 project has been cancelled,” specifically referring to plans which would’ve seen the retro-futuristic concept car enter production.
In response, Hyundai reportedly said “the concept car is intended to show future directions, and we have said internally that we are open to (a) mass production (schedule)”.
“Nothing has been decided yet.”
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Revealed in July 2022, the N Vision 74 is a futuristic take on Hyundai’s Pony coupe concept car from the 1974 Turin motor show, which was penned by Giorgetto Giugiaro.
Conflicting reports emerged from South Korea in the following months about whether Hyundai would put the car into production, with the most recent claims coming from newspaper Hankyung in May, which said it’d go on sale in mid-2026.
The report also claimed Hyundai would build 200 examples for two years from 2026, commanding a premium price of approximately 500 million won each – equivalent to about $550,000.
In an August investor presentation, Hyundai detailed plans to launch 21 new electric vehicles (EVs) by 2030, which included those from its Genesis luxury off-shoot and its N performance sub-brand.
This included the mention of the N Vision 74, which is powered by hydrogen in prototype form but was labelled as a ‘high-performance EV’ in the presentation.
That suggested the N Vision 74 would ditch its hydrogen fuel-cell setup in favour of a battery-electric powertrain, even though Hyundai let automotive media drive a hydrogen-powered one.
Hyundai has trademarked the N74 name, suggesting it’ll drop the concept-based Vision title for a production vehicle… should it ever eventuate.
While the N Vision 74 concept produces up to 500kW of power and 900Nm of torque, an electric production version would potentially ride on Hyundai’s E-GMP EV underpinnings.
The most powerful E-GMP model presently is the Hyundai Ioniq 5 N, which pumps out 448kW and 778Nm from its dual-motor all-wheel drive powertrain.
