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Korea’s new electric performance hero is here.
Hyundai high-end sub-brand Genesis has released pricing for its GV60 Magma SUV ahead of its arrival in Aussie showrooms this month.
It will start from $130,000, before on-road costs, making it almost $50,000 more than the standard GV60.
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Genesis is Hyundai’s answer to European giants Mercedes-Benz and BMW, and this is the brand's first attempt at a high-performance car.
The GV60 is a small SUV and goes up against the BMW iX2, Volvo XC40 Recharge and Zeekr X, but none of them can go toe-to-toe with the GV60 Magma variant. Its performance pitches it closer to the larger Hyundai Ioniq 5 N ($91,700) and Kia EV6 GT ($99,660).
It is smaller than the mechanically similar Ioniq 5 and 6 N performance cars, but packs the same punch.
It has two electric motors that drive all four wheels and produce 448kW and 740Nm.
It can shift from 0-100km/h in 3.4 seconds using the boost function that increases power to 478kW and 790Nm
The car is equipped with a 84kWh battery, offering a total driving range of 425km, according to WLTP standards.
Its interior features a 27.0-inch OLED screen for the instrument cluster and multimedia display, while there is also a head-up display.
The GV60 Magma has a virtual gear shift system, which gives the Magma the feel of real gear changes in a petrol car.
There is also a drifting mode that can direct power to the rear wheels using an electric limited-slip differential to enable dynamic, track-based driving.
Hyundai confirmed production of the GV60 Magma in mid-2024, when it was revealed as a concept, with it finally now hitting Aussie shores.
It will join the updated base GV60 that recently got a serious price cut in Australia, now starting from $88,300, down from more than $100,000.
It will only be available with rear-wheel drive, meaning the Magma will be the GV60 with AWD available.
