2027 Genesis GV60 prices: Hot 478kW EV on sale now

The Genesis GV60 Magma will arrive in Australia with a price tag as volcanic as the small electric SUV's performance claims, and you can order it now.

57 minutes ago

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James Wong

Marketplace Editor

James Wong

Marketplace Editor

The first model to arrive here from Genesis' new Magma performance sub-brand has been priced for Australia, where the range-topping small electric SUV will cost about $15,000 more than the piping-hot Hyundai Ioniq 5 N electric SUV and Ioniq 6 N electric sedan.

Priced from $130,000 plus on-road costs, the 2027 Genesis GV60 Magma is available to order now.

The new GV60 flagship boasts stratospheric outputs of up to 478kW/790Nm from its dual-motor electric powertrain, and is claimed to accelerate from 0-100km/h in 3.4 seconds. Its claimed 0-200km/h time is an equally rapid 10.9 seconds, and its top speed is 264km/h.

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If those specs sound familiar, its because the GV60 Magma shares its running gear with the manic Ioniq 5 N and Ioniq 6 N performance EVs from sister brand Hyundai, right down to the 84kWh battery pack and electronic limited-slip differential (e-LSD), as well as the Virtual Gear Shift and Drift Mode functions.

With a design said to be inspired by motorsport, the GV60 Magma is externally distinguished by its available Magma Orange hero paint, Magma-signature three-hold front bumper, black 'Genesis' badging, 21-inch forged alloy wheels wrapped in 275mm-wide Pirelli P Zero performance tyres, and model-exclusive rear wing.

Indeed, there's plenty of new aero goodies, including side skirts with three-hole detailing and a diffuser in the lower section of the rear bumper, while the "streamlined aesthetic" is accentuated by contrasting gloss-black elements throughout.

In addition to the hero orange paint, a range of gloss-finish paints are available alongside three additional matte paint options – Matterhorn White, Makalu Grey, and Ceres Blue.

Inside, highlights include Magma-specific appointments like flourishes of orange throughout the suede-like Chamude upholstery with plaid-like pattern, with the contrasting accents applied on the trim stitching, quilting, and seatbelts.

The steering wheel is also a Magma-exclusive design, incorporating a black Genesis emblem and orange accents for the drive mode and boost buttons. Other controls are finished in gloss-black and dark metal.

If the Magma Orange interior accents are too much for you, a more subtle Ash White option is also available.

Keeping the cabin quiet when there are low-profile performance tyres underneath can be challenge for EV makers, but Genesis says the GV60 Magma's refinement is "exceptional" thanks to laminated acoustic glass, reinforced door sealing, and Active Noise Control.

Compared to the standard GV60, the Magma picks up unique displays for the 27-inch Integrated Wide Display, with a special Magma Mode transforming the instrument cluster into a three-circle dial layout – showing driving data including motor and battery temperatures, road speed, and lateral force.

The head-up display likewise shows similar key content for performance driving, as well as regen braking level and remaining boost time right in the driver's line of sight.

Other digitised highlights include the aforementioned Virtual Gear Shift function, which "finetunes motor output, torque, and regenerative braking to mimic the gear shift feel and dynamics of a high-performance combustion-engined vehicle," while also playing engine sounds inside the cabin.

Smart regenerative braking 3.0 offers enhanced functionality and usability by drawing upon map data and traffic flow to optimise regen braking force, and operates over the full speed range rather than up to 9km/h like the pre-facelift GV60 lineup.

As with the wider Genesis range, the GV60 Magma is covered by a five-year, unlimited-kilometre new-vehicle warranty, and five years or 75,000km of free scheduled servicing.

24-hour roadside assistance is thrown in for up to 10 years with no mileage limit, while the Genesis To You concierge service is also complementary for five years or unlimited kilometres – including courtesy vehicles.