diff --git a/cypress/composables/versions.ts b/cypress/composables/versions.ts
new file mode 100644
index 000000000..f96ea8152
--- /dev/null
+++ b/cypress/composables/versions.ts
@@ -0,0 +1,32 @@
+/**
+ * Getters
+ */
+
+export function getVersionUpdatesPanelOpenButton() {
+	return cy.getByTestId('version-updates-panel-button');
+}
+
+export function getVersionUpdatesPanel() {
+	return cy.getByTestId('version-updates-panel');
+}
+
+export function getVersionUpdatesPanelCloseButton() {
+	return getVersionUpdatesPanel().get('.el-drawer__close-btn').first();
+}
+
+export function getVersionCard() {
+	return cy.getByTestId('version-card');
+}
+
+/**
+ * Actions
+ */
+
+export function openVersionUpdatesPanel() {
+	getVersionUpdatesPanelOpenButton().click();
+	getVersionUpdatesPanel().should('be.visible');
+}
+
+export function closeVersionUpdatesPanel() {
+	getVersionUpdatesPanelCloseButton().click();
+}
diff --git a/cypress/e2e/36-versions.cy.ts b/cypress/e2e/36-versions.cy.ts
new file mode 100644
index 000000000..2d93223eb
--- /dev/null
+++ b/cypress/e2e/36-versions.cy.ts
@@ -0,0 +1,66 @@
+import { INSTANCE_OWNER } from '../constants';
+import { WorkflowsPage } from '../pages/workflows';
+import {
+	closeVersionUpdatesPanel,
+	getVersionCard,
+	getVersionUpdatesPanelOpenButton,
+	openVersionUpdatesPanel,
+} from '../composables/versions';
+
+const workflowsPage = new WorkflowsPage();
+
+describe('Versions', () => {
+	it('should open updates panel', () => {
+		cy.intercept('GET', '/rest/settings', (req) => {
+			req.continue((res) => {
+				if (res.body.hasOwnProperty('data')) {
+					res.body.data = {
+						...res.body.data,
+						releaseChannel: 'stable',
+						versionCli: '1.0.0',
+						versionNotifications: {
+							enabled: true,
+							endpoint: 'https://api.n8n.io/api/versions/',
+							infoUrl: 'https://docs.n8n.io/getting-started/installation/updating.html',
+						},
+					};
+				}
+			});
+		}).as('settings');
+
+		cy.intercept('GET', 'https://api.n8n.io/api/versions/1.0.0', [
+			{
+				name: '1.3.1',
+				createdAt: '2023-08-18T11:53:12.857Z',
+				hasSecurityIssue: null,
+				hasSecurityFix: null,
+				securityIssueFixVersion: null,
+				hasBreakingChange: null,
+				documentationUrl: 'https://docs.n8n.io/release-notes/#n8n131',
+				nodes: [],
+				description: 'Includes <strong>bug fixes</strong>',
+			},
+			{
+				name: '1.0.5',
+				createdAt: '2023-07-24T10:54:56.097Z',
+				hasSecurityIssue: false,
+				hasSecurityFix: null,
+				securityIssueFixVersion: null,
+				hasBreakingChange: true,
+				documentationUrl: 'https://docs.n8n.io/release-notes/#n8n104',
+				nodes: [],
+				description: 'Includes <strong>core functionality</strong> and <strong>bug fixes</strong>',
+			},
+		]);
+
+		cy.signin(INSTANCE_OWNER);
+
+		cy.visit(workflowsPage.url);
+		cy.wait('@settings');
+
+		getVersionUpdatesPanelOpenButton().should('contain', '2 updates');
+		openVersionUpdatesPanel();
+		getVersionCard().should('have.length', 2);
+		closeVersionUpdatesPanel();
+	});
+});
diff --git a/packages/editor-ui/src/App.vue b/packages/editor-ui/src/App.vue
index e8978ae78..d16eb6f66 100644
--- a/packages/editor-ui/src/App.vue
+++ b/packages/editor-ui/src/App.vue
@@ -35,7 +35,6 @@
 <script lang="ts">
 import { defineComponent } from 'vue';
 import { mapStores } from 'pinia';
-import { newVersions } from '@/mixins/newVersions';
 
 import BannerStack from '@/components/banners/BannerStack.vue';
 import Modals from '@/components/Modals.vue';
@@ -69,15 +68,13 @@ export default defineComponent({
 		Telemetry,
 		Modals,
 	},
-	mixins: [newVersions, userHelpers],
-	setup(props) {
+	mixins: [userHelpers],
+	setup() {
 		return {
 			...useGlobalLinkActions(),
 			...useHistoryHelper(useRoute()),
 			...useToast(),
 			externalHooks: useExternalHooks(),
-			// eslint-disable-next-line @typescript-eslint/no-misused-promises
-			...newVersions.setup?.(props),
 		};
 	},
 	computed: {
@@ -115,7 +112,6 @@ export default defineComponent({
 	async mounted() {
 		this.logHiringBanner();
 
-		void this.checkForNewVersions();
 		void initializeAuthenticatedFeatures();
 
 		void useExternalHooks().run('app.mount');
diff --git a/packages/editor-ui/src/__tests__/init.test.ts b/packages/editor-ui/src/__tests__/init.test.ts
index 02cf81bce..6bf6f3299 100644
--- a/packages/editor-ui/src/__tests__/init.test.ts
+++ b/packages/editor-ui/src/__tests__/init.test.ts
@@ -3,14 +3,14 @@ import { useCloudPlanStore } from '@/stores/cloudPlan.store';
 import { useSourceControlStore } from '@/stores/sourceControl.store';
 import { useNodeTypesStore } from '@/stores/nodeTypes.store';
 import { useRootStore } from '@/stores/n8nRoot.store';
-import { initializeAuthenticatedFeatures } from '@/init';
-import type { SpyInstance } from 'vitest';
+import { initializeAuthenticatedFeatures, initializeCore } from '@/init';
 import { createTestingPinia } from '@pinia/testing';
 import { setActivePinia } from 'pinia';
 import { useSettingsStore } from '@/stores/settings.store';
+import { useVersionsStore } from '@/stores/versions.store';
 
 vi.mock('@/stores/users.store', () => ({
-	useUsersStore: vi.fn(),
+	useUsersStore: vi.fn().mockReturnValue({ initialize: vi.fn() }),
 }));
 
 vi.mock('@/stores/n8nRoot.store', () => ({
@@ -18,22 +18,48 @@ vi.mock('@/stores/n8nRoot.store', () => ({
 }));
 
 describe('Init', () => {
-	describe('Authenticated Features', () => {
-		let settingsStore: ReturnType<typeof useSettingsStore>;
-		let cloudPlanStore: ReturnType<typeof useCloudPlanStore>;
-		let sourceControlStore: ReturnType<typeof useSourceControlStore>;
-		let nodeTypesStore: ReturnType<typeof useNodeTypesStore>;
-		let cloudStoreSpy: SpyInstance<[], Promise<void>>;
-		let templatesTestSpy: SpyInstance<[], Promise<void>>;
-		let sourceControlSpy: SpyInstance<[], Promise<void>>;
-		let nodeTranslationSpy: SpyInstance<[], Promise<void>>;
+	let settingsStore: ReturnType<typeof useSettingsStore>;
+	let cloudPlanStore: ReturnType<typeof useCloudPlanStore>;
+	let sourceControlStore: ReturnType<typeof useSourceControlStore>;
+	let usersStore: ReturnType<typeof useUsersStore>;
+	let nodeTypesStore: ReturnType<typeof useNodeTypesStore>;
+	let versionsStore: ReturnType<typeof useVersionsStore>;
 
-		beforeAll(() => {
-			setActivePinia(createTestingPinia());
-			settingsStore = useSettingsStore();
-			cloudPlanStore = useCloudPlanStore();
-			sourceControlStore = useSourceControlStore();
-			nodeTypesStore = useNodeTypesStore();
+	beforeEach(() => {
+		setActivePinia(createTestingPinia());
+		settingsStore = useSettingsStore();
+		cloudPlanStore = useCloudPlanStore();
+		sourceControlStore = useSourceControlStore();
+		nodeTypesStore = useNodeTypesStore();
+		usersStore = useUsersStore();
+		versionsStore = useVersionsStore();
+		versionsStore = useVersionsStore();
+	});
+
+	describe('initializeCore()', () => {
+		afterEach(() => {
+			vi.clearAllMocks();
+		});
+
+		it('should initialize core features only once', async () => {
+			const usersStoreSpy = vi.spyOn(usersStore, 'initialize');
+			const settingsStoreSpy = vi.spyOn(settingsStore, 'initialize');
+			const versionsSpy = vi.spyOn(versionsStore, 'checkForNewVersions');
+
+			await initializeCore();
+
+			expect(settingsStoreSpy).toHaveBeenCalled();
+			expect(usersStoreSpy).toHaveBeenCalled();
+			expect(versionsSpy).toHaveBeenCalled();
+
+			await initializeCore();
+
+			expect(settingsStoreSpy).toHaveBeenCalledTimes(1);
+		});
+	});
+
+	describe('initializeAuthenticatedFeatures()', () => {
+		beforeEach(() => {
 			vi.spyOn(settingsStore, 'isCloudDeployment', 'get').mockReturnValue(true);
 			vi.spyOn(settingsStore, 'isTemplatesEnabled', 'get').mockReturnValue(true);
 			vi.spyOn(sourceControlStore, 'isEnterpriseSourceControlEnabled', 'get').mockReturnValue(true);
@@ -43,10 +69,6 @@ describe('Init', () => {
 			vi.mock('@/hooks/register', () => ({
 				initializeCloudHooks: vi.fn(),
 			}));
-			cloudStoreSpy = vi.spyOn(cloudPlanStore, 'initialize');
-			templatesTestSpy = vi.spyOn(settingsStore, 'testTemplatesEndpoint');
-			sourceControlSpy = vi.spyOn(sourceControlStore, 'getPreferences');
-			nodeTranslationSpy = vi.spyOn(nodeTypesStore, 'getNodeTranslationHeaders');
 		});
 
 		afterEach(() => {
@@ -54,24 +76,40 @@ describe('Init', () => {
 		});
 
 		it('should not init authenticated features if user is not logged in', async () => {
+			const cloudStoreSpy = vi.spyOn(cloudPlanStore, 'initialize');
+			const templatesTestSpy = vi.spyOn(settingsStore, 'testTemplatesEndpoint');
+			const sourceControlSpy = vi.spyOn(sourceControlStore, 'getPreferences');
+			const nodeTranslationSpy = vi.spyOn(nodeTypesStore, 'getNodeTranslationHeaders');
 			vi.mocked(useUsersStore).mockReturnValue({ currentUser: null } as ReturnType<
 				typeof useUsersStore
 			>);
+
 			await initializeAuthenticatedFeatures();
 			expect(cloudStoreSpy).not.toHaveBeenCalled();
 			expect(templatesTestSpy).not.toHaveBeenCalled();
 			expect(sourceControlSpy).not.toHaveBeenCalled();
 			expect(nodeTranslationSpy).not.toHaveBeenCalled();
 		});
-		it('should init authenticated features if user is not logged in', async () => {
+
+		it('should init authenticated features only once if user is logged in', async () => {
+			const cloudStoreSpy = vi.spyOn(cloudPlanStore, 'initialize');
+			const templatesTestSpy = vi.spyOn(settingsStore, 'testTemplatesEndpoint');
+			const sourceControlSpy = vi.spyOn(sourceControlStore, 'getPreferences');
+			const nodeTranslationSpy = vi.spyOn(nodeTypesStore, 'getNodeTranslationHeaders');
 			vi.mocked(useUsersStore).mockReturnValue({ currentUser: { id: '123' } } as ReturnType<
 				typeof useUsersStore
 			>);
+
 			await initializeAuthenticatedFeatures();
+
 			expect(cloudStoreSpy).toHaveBeenCalled();
 			expect(templatesTestSpy).toHaveBeenCalled();
 			expect(sourceControlSpy).toHaveBeenCalled();
 			expect(nodeTranslationSpy).toHaveBeenCalled();
+
+			await initializeAuthenticatedFeatures();
+
+			expect(cloudStoreSpy).toHaveBeenCalledTimes(1);
 		});
 	});
 });
diff --git a/packages/editor-ui/src/components/MainSidebar.vue b/packages/editor-ui/src/components/MainSidebar.vue
index b60d85eee..3230c3b9c 100644
--- a/packages/editor-ui/src/components/MainSidebar.vue
+++ b/packages/editor-ui/src/components/MainSidebar.vue
@@ -29,7 +29,12 @@
 			/></template>
 			<template #menuSuffix>
 				<div>
-					<div v-if="hasVersionUpdates" :class="$style.updates" @click="openUpdatesPanel">
+					<div
+						v-if="hasVersionUpdates"
+						data-test-id="version-updates-panel-button"
+						:class="$style.updates"
+						@click="openUpdatesPanel"
+					>
 						<div :class="$style.giftContainer">
 							<GiftNotificationIcon />
 						</div>
diff --git a/packages/editor-ui/src/components/UpdatesPanel.vue b/packages/editor-ui/src/components/UpdatesPanel.vue
index b4568524b..cd8580f07 100644
--- a/packages/editor-ui/src/components/UpdatesPanel.vue
+++ b/packages/editor-ui/src/components/UpdatesPanel.vue
@@ -1,5 +1,10 @@
 <template>
-	<ModalDrawer :name="VERSIONS_MODAL_KEY" direction="ltr" width="520px">
+	<ModalDrawer
+		:name="VERSIONS_MODAL_KEY"
+		direction="ltr"
+		width="520px"
+		data-test-id="version-updates-panel"
+	>
 		<template #header>
 			<span :class="$style.title">
 				{{ $locale.baseText('updatesPanel.weVeBeenBusy') }}
@@ -31,7 +36,7 @@
 				</p>
 
 				<n8n-link v-if="infoUrl" :to="infoUrl" :bold="true">
-					<font-awesome-icon icon="info-circle"></font-awesome-icon>
+					<font-awesome-icon icon="info-circle" class="mr-2xs" />
 					<span>
 						{{ $locale.baseText('updatesPanel.howToUpdateYourN8nVersion') }}
 					</span>
diff --git a/packages/editor-ui/src/components/VersionCard.vue b/packages/editor-ui/src/components/VersionCard.vue
index d5035b3ba..8aa461a8e 100644
--- a/packages/editor-ui/src/components/VersionCard.vue
+++ b/packages/editor-ui/src/components/VersionCard.vue
@@ -1,5 +1,11 @@
 <template>
-	<a v-if="version" :href="version.documentationUrl" target="_blank" :class="$style.card">
+	<a
+		v-if="version"
+		:href="version.documentationUrl"
+		target="_blank"
+		:class="$style.card"
+		data-test-id="version-card"
+	>
 		<div :class="$style.header">
 			<div>
 				<div :class="$style.name">
diff --git a/packages/editor-ui/src/init.ts b/packages/editor-ui/src/init.ts
index b4495f996..ed76b904b 100644
--- a/packages/editor-ui/src/init.ts
+++ b/packages/editor-ui/src/init.ts
@@ -5,6 +5,7 @@ import { useSettingsStore } from '@/stores/settings.store';
 import { useSourceControlStore } from '@/stores/sourceControl.store';
 import { useUsersStore } from '@/stores/users.store';
 import { initializeCloudHooks } from '@/hooks/register';
+import { useVersionsStore } from '@/stores/versions.store';
 
 let coreInitialized = false;
 let authenticatedFeaturesInitialized = false;
@@ -20,10 +21,13 @@ export async function initializeCore() {
 
 	const settingsStore = useSettingsStore();
 	const usersStore = useUsersStore();
+	const versionsStore = useVersionsStore();
 
 	await settingsStore.initialize();
 	await usersStore.initialize();
 
+	void versionsStore.checkForNewVersions();
+
 	if (settingsStore.isCloudDeployment) {
 		try {
 			await initializeCloudHooks();
diff --git a/packages/editor-ui/src/mixins/newVersions.ts b/packages/editor-ui/src/mixins/newVersions.ts
deleted file mode 100644
index bd634a2f4..000000000
--- a/packages/editor-ui/src/mixins/newVersions.ts
+++ /dev/null
@@ -1,50 +0,0 @@
-import { defineComponent } from 'vue';
-import { useToast } from '@/composables/useToast';
-import { VERSIONS_MODAL_KEY } from '@/constants';
-import { mapStores } from 'pinia';
-import { useUIStore } from '@/stores/ui.store';
-import { useVersionsStore } from '@/stores/versions.store';
-
-export const newVersions = defineComponent({
-	setup() {
-		return {
-			...useToast(),
-		};
-	},
-	computed: {
-		...mapStores(useUIStore, useVersionsStore),
-	},
-	methods: {
-		async checkForNewVersions() {
-			const enabled = this.versionsStore.areNotificationsEnabled;
-			if (!enabled) {
-				return;
-			}
-
-			await this.versionsStore.fetchVersions();
-
-			const currentVersion = this.versionsStore.currentVersion;
-			const nextVersions = this.versionsStore.nextVersions;
-			if (currentVersion && currentVersion.hasSecurityIssue && nextVersions.length) {
-				const fixVersion = currentVersion.securityIssueFixVersion;
-				let message = 'Please update to latest version.';
-				if (fixVersion) {
-					message = `Please update to version ${fixVersion} or higher.`;
-				}
-
-				message = `${message} <a class="primary-color">More info</a>`;
-				this.showToast({
-					title: 'Critical update available',
-					message,
-					onClick: () => {
-						this.uiStore.openModal(VERSIONS_MODAL_KEY);
-					},
-					closeOnClick: true,
-					customClass: 'clickable',
-					type: 'warning',
-					duration: 0,
-				});
-			}
-		},
-	},
-});
diff --git a/packages/editor-ui/src/stores/versions.store.ts b/packages/editor-ui/src/stores/versions.store.ts
index 507182311..5b96f106a 100644
--- a/packages/editor-ui/src/stores/versions.store.ts
+++ b/packages/editor-ui/src/stores/versions.store.ts
@@ -1,8 +1,10 @@
 import { getNextVersions } from '@/api/versions';
-import { STORES } from '@/constants';
+import { STORES, VERSIONS_MODAL_KEY } from '@/constants';
 import type { IVersion, IVersionNotificationSettings, IVersionsState } from '@/Interface';
 import { defineStore } from 'pinia';
 import { useRootStore } from './n8nRoot.store';
+import { useToast } from '@/composables/useToast';
+import { useUIStore } from '@/stores/ui.store';
 
 export const useVersionsStore = defineStore(STORES.VERSIONS, {
 	state: (): IVersionsState => ({
@@ -45,5 +47,40 @@ export const useVersionsStore = defineStore(STORES.VERSIONS, {
 				}
 			} catch (e) {}
 		},
+		async checkForNewVersions() {
+			const enabled = this.areNotificationsEnabled;
+			if (!enabled) {
+				return;
+			}
+
+			const { showToast } = useToast();
+			const uiStore = useUIStore();
+
+			await this.fetchVersions();
+
+			const currentVersion = this.currentVersion;
+			const nextVersions = this.nextVersions;
+
+			if (currentVersion && currentVersion.hasSecurityIssue && nextVersions.length) {
+				const fixVersion = currentVersion.securityIssueFixVersion;
+				let message = 'Please update to latest version.';
+				if (fixVersion) {
+					message = `Please update to version ${fixVersion} or higher.`;
+				}
+
+				message = `${message} <a class="primary-color">More info</a>`;
+				showToast({
+					title: 'Critical update available',
+					message,
+					onClick: () => {
+						uiStore.openModal(VERSIONS_MODAL_KEY);
+					},
+					closeOnClick: true,
+					customClass: 'clickable',
+					type: 'warning',
+					duration: 0,
+				});
+			}
+		},
 	},
 });