Ballistic AMG thrasher unveiled

Tim Gibson

News Journalist

2 min read

A new performance all-electric SUV hero is approaching. 

Hyundai’s luxury arm Genesis has unveiled a high-performance example of its GV60. 

The Magma offers big changes to design and performance, as it aims to hunt down the European performance giants. 

Read More About Genesis GV60

It will be the brand’s first ever high-performance production car.

The Magma upgrade appears to have been blueprinted with Hyundai’s all-electric Ioniq 5 N variant, which saw a similar performance beef-up, and shares the same E-GMP platform. 

It has dual electric motors mounted at the front and rear of the car, producing 478kW and 790Nm, with a 0-200km/h time of 10.9 seconds, reaching a top speed of 264km/h.

This is a significant boost from the standard car that produces 234kW and 605Nm, and the performance variant that makes 360kW and 700Nm. 

2026 Genesis GV60 Magma
2026 Genesis GV60 Magma

The track-focussed Ioniq 5 N launched in Australia in early 2024, packing 448kW and 740Nm.

The Magma edition GV60 is more than just a power upgrade and has undergone a substantial re-work, which includes track-ready brakes, electronically controlled and buffed suspension to aid stability and minimise vibrations. 

There is an electronic limited-slip differential to boost traction for the car with its 21-inch wheels. 

2026 Genesis GV60 Magma
2026 Genesis GV60 Magma

The car has specialist performance features, such as a virtual gear shift system, drift mode and high performance battery control. 

When in ‘Magma’ mode, the digital instrument cluster becomes a three-circle layout displaying key high-performance information, such as G-force and temperatures. 

The standard GV60 starts from more than $100,000 (before on-road costs), and the Magma is expected to come at a serious premium.

2026 Genesis GV60 Magma
2026 Genesis GV60 Magma

The Magma upgrade brings the GV60 into direct competition with the performance branches of Europe’s elite brands, like BMW’s ‘M’ series, and Mercedes-AMG. 

The GV60 Magma will debut in Australia some time in 2026.

Tim Gibson

News Journalist

Tim couldn't get enough of UK Top Gear as a kid, which sparked his passion for cars. Tim’s journalism career began at age 15 as a local reporter for Football South Coast before he branched into live commentary with Football New South Wales. He reports on national competitions and the Socceroos with Football Australia, and also covered the 2023 FIFA Women’s World Cup with The Football Sack. He studied a Bachelor of Journalism and a Bachelor of Laws at the University of Wollongong, featuring in the top five per cent of students, and graduating with distinction. Tim completed an internship in the ABC’s Wollongong office, then undertook regular paid shifts until he completed his degrees. Tim started his full-time journalism career at CarsGuide, working as a News Journalist covering a range of automotive topics from electric vehicles to legal issues. Education University of Wollongong | Bachelor of Journalism with distinction | 2020-2025 University of Wollongong | Bachelor of Laws | 2020-2025 Featured Publications Football South Coast | 2018-present Football New South Wales | 2019-present South Coast Flame FC | 2021-2022 Football Australia | 2023-present UOW TV | 2021-2025 The Football Sack | 2022-2023 ABC Illawarra | 2023-2025 CarsGuide | 2025-present
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