Hyundai's N performance division has seen early success with the i30 N in Europe, already hitting its full-year sales target at the end of June and customers waiting six to seven months to get their vehicle. This has the brand encouraged that the upcoming Veloster N due for the U.S. later this year will see similar success. It also has N planning two more models, along with the possibility of a third.

According to Automotive News, the first of the two new N models will the i30 Fastback N, debuting at the Paris Motor Show in October. This model wasn't originally planned, but would be green-lighted after Hyundai-Kia design chief Peter Schreyer showed a mock-up to Albert Biermann, head of vehicle testing and high-performance development. Following this is a possibly an SUV. We've heard reports that it could be the Tucson or Kona.

Biermann said there could be a fifth model in the wings.

"There's a car within the next two or three months that we probably have a chance to show to Vice Chairman Chung [Eui-sun] and our top management. Depending on what is the current mood and situation, we might get a spontaneous 'OK, go for it,' " he told Automotive News.

Also being talked about at N is what alternative powertrains could power their vehicles.

"When we think of cars after 2021 for N, I think we cannot avoid electrification. We will have an EV sooner or later. It's just a matter of timing," said Biermann.

"As an example, we have an Ioniq EV. Were we to find a nice battery, a bigger motor and inverter, we could make an Ioniq EV N with a nice chassis and more power. Something like that is not fully crazy."

Source: Automotive News (Subscription Required)