Hyundai Motor considers eco-friendly engine for its N brand

Hyundai Motor is planning to build a driving center in Korea as early as next year in its ambition to have its high-performance division compete with BMW’s M and Mercedes-Benz’s AMG models.

“I am considering building a driving academy where customers are invited to experience high-performance cars,” Thomas Schemera, head of Hyundai Motor’s high-performance division said at the Paris Motor Show on Thursday. “I believe interacting with customers and listening to their feedback are important.”

Schemera also added that the first center is most likely to be built in Korea before the automaker expands to other parts of the world like the United States or Europe.

Schemera, formerly in charge of BMW’s M series, was appointed executive vice president of Hyundai Motor to head its high-performance vehicle and motorsport division in March.

Hyundai Motor’s N series is a latecomer in the industry, as its initiative of launching a high-performance lineup only became official in 2015. BMW’s M series, one of Hyundai’s strongest competitors in high-performance motoring, began in the 1970s.

Yet, Hyundai’s N series sales figures are quite impressive so far. Since its launch in Europe in the second half of 2017, the first model – the i30 N – sold 3,771 units this year through August. This is already 35 percent above the initial sales target for this year, which was 2,957 units.

The second in the series – the Veloster N – is doing well, too. Since its launch in July in Korea, it sold 525 units in its first two months. Globally, it sold 4,122 units this year as of August, again surpassing its initial goal of 3,300 units.

The Veloster N team is planning for a U.S. launch before the end of this year. The third in the series – the i30 Fastback N – premiered at the Paris Motor Show, now underway.

Hyundai Motor’s ambitions in high-performance cars is helping elevate Hyundai’s brand image in general, according to Schemera.

“The i30 sales had been on a downturn, but they started to rebound after the launch of the i30 N,” he said. “Not only other N models but also other Hyundai cars in Europe will likely see improved sales.”

Ahead for the N series, Schemera hinted there would be an eco-friendly engine for its lineup, perhaps an HEV, PHEV or even a hydrogen engine.

Latest articles

Fashion
Levi’s unveils new Icon store at Palladium Mall Mumbai

Sign up for newsletters


Must read

Behind the Buzz
Retail News Asia — Your Daily Fix of What’s Happening in Asian Retail

We’re here to keep you in the loop—every single day. Whether you’re running a small local shop, scaling an online biz, or part of a global brand making moves in Asia, we’ve got something for you.

With 50+ fresh stories a week and 13.6 million readers, Retail News Asia isn’t just another news site—it’s the go-to source for all things retail across the region.
Retail Updates
Fresh updates. Real insights. Delivered daily or weekly—no spam, just retail gold.

Copyright © 2014 -2025 | Retail News Asia