Genesis GV60 vs BMW X3

What's the difference?

VS
Genesis GV60
Genesis GV60

$88,300 - $130,000

2026 price

BMW X3
BMW X3

$87,300 - $130,600

2026 price

Summary

2026 Genesis GV60
2026 BMW X3
Safety Rating

Engine Type
Not Applicable

Fuel Type
Electric

-
Fuel Efficiency
0.0L/100km (combined)

-
Seating
5

-
Dislikes
  • Expensive for an emerging brand
  • Very close to the (cheaper) Hyundai Ioniq 5 N
  • Safety systems still need better calibration

  • No ANCAP
  • Prefers premium fuel
  • Rear seat shoulder room for three adults
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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2026 BMW X3 Summary

BMW has recently launched its fourth-generation (G45) X3 range, which comprises three petrol variants including the entry-level 20 xDrive, mid-grade 30e xDrive PHEV and top-shelf M50 xDrive.

The new trio brings revised powertrains, new exterior and interior styling, increased standard equipment, enhanced technology and an emphasis on the use of sustainable materials.

We recently trialled the five-seater flagship to see if it has the right mix of performance and practicality to maintain the X3’s enduring appeal for Aussie families.

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Deep dive comparison

2026 Genesis GV60 2026 BMW X3

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