BMW IX3 vs Genesis GV60

What's the difference?

VS
BMW IX3
BMW IX3

$89,900 - $109,900

2026 price

Genesis GV60
Genesis GV60

$88,300 - $130,000

2026 price

Summary

2026 BMW IX3
2026 Genesis GV60
Safety Rating

Electric motor type
Electromagnetically Excited
Electric motor type
Permanent Magnet
Vehicle type
Battery Electric
Vehicle type
Battery Electric
Electric range
805 km
Electric range
425 km
Energy consumption
18.8 kWh/100km

21.5 kWh/100km
Battery capacity
108.70 kWh

84.00 kWh
Seating
5

5
Dislikes
  • Light-touch steering takes some getting used to
  • Feels heavy on some roads
  • The native operating system can be clunky and confusing

  • Expensive for an emerging brand
  • Very close to the (cheaper) Hyundai Ioniq 5 N
  • Safety systems still need better calibration
2026 BMW IX3 Summary

There are a lot of big numbers surrounding the BMW iX3, the German brand’s new-from-the-ground-up EV that acts as the flagbearer for its future-facing Neue Klasse (or New Class) architecture, designed to distil all the ingredients that make a BMW a BMW, and then electrify for them for the post-ICE (internal combustion engine) era.

But the one that really stood out? 805. That’s how many kilometres of driving range the iX3 will deliver, though admittedly in its most efficient and least exciting driving modes. That is bonkers, right?

It’s worth pointing out the first BMW i3, which only launched a decade-or-so ago, delivered more like 150km on what would have been the WLTP cycle, if it had existed then. Talk about leaps and bounds.

A good start for the newest BMW EV, then. But what else does the iX3 have to offer?

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2026 Genesis GV60 Summary

Genesis has been in Australia for seven years, which in car industry terms is ancient (given the rapid pace of new arrivals). But the Hyundai-owned luxury brand has yet to make a real dent on challenging the likes of BMW and Mercedes-Benz and is now facing growing threat from the likes of Zeekr and Omoda-Jaecoo.

So it has opted for the tried and tested method of appealing to Australian customers - more performance. Australians have always had a soft spot for the likes of BMW M and Mercedes-AMG, so Genesis is hoping its new performance sub-brand, dubbed Magma, will help give it a sales boost as well as an image enhancement.

The Genesis GV60 Magma has just arrived in Australia and is the first member of what is planned to be an entire family of Magma halo vehicles. 

An electric performance small SUV is an unusual choice for a hero model, but there are some good reasons why this has potential and why it makes sense to be the first Magma offering. And both those reasons are largely the same, because the GV60 Magma is based on the same underpinnings and features and much the same powertrain as the Hyundai Ioniq 5 N and Ioniq 6 N. 

Just like Hyundai N has three core elements - Corner Rascal, Racetrack Capability and Everyday Sportcar - Genesis has created a trio of pillars for Magma. These are Design: Unspoken Dominance, Driving Sensation: Captivating Control and User Experience: Sharpened Immersion. 

Or to put it another way - slightly different, but fundamentally the same premise given the shared mechanical DNA. But Genesis has definitely put its own spin on it, so read on to find out if Magma is hot or not.

@carsguide.com.au How hot is the 2027 Genesis GV60 Magma performance EV? It might share a lot with the Hyundai Ioniq 5 and 6 N, but this electric sports beast is also gunning for the Porsche Macan! #genesis #GV60magma #ev #cartok #fyp ♬ original sound - CarsGuide.com.au
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Deep dive comparison

2026 BMW IX3 2026 Genesis GV60

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