Genesis GV60 vs Range Rover Velar

What's the difference?

VS
Genesis GV60
Genesis GV60

$88,300 - $130,000

2026 price

Range Rover Velar
Range Rover Velar

$76,990 - $122,990

2024 price

Summary

2026 Genesis GV60
2024 Range Rover Velar
Safety Rating

Electric motor type
Permanent Magnet

Bi Turbo 4, 2.0L
Vehicle type
Battery Electric

Premium Unleaded/Electric
Fuel Efficiency

2.2L/100km (combined)
Energy consumption
21.5 kWh/100km

Electric range
425 km

69 km
Battery capacity
84.00 kWh

19.20 kWh
Seating
5

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

  • Not as well-specified as it should be
  • Optional styling can make the cabin look cheap and nasty
  • PHEV element will only work for those who regularly charge
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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2024 Range Rover Velar Summary

The new Range Rover Velar P400e Dynamic HSE, or P400e for short, is the first Velar offered with a plug-in hybrid powertrain. In theory, this should make it a solid contender for those wanting a luxury SUV that produces a smaller and greener footprint.

It’s not as big as its Range Rover siblings, so if you’re after a sleeker Rangie that can do some 'mild' adventuring on the weekends while still looking flash during the week, this may be the one you’re looking for.

It faces competition from the BMW X5, Volvo XC90 and… at a stretch, the Porsche Cayenne. I’ve spent a week with the mid-level P400e Velar to see how it stacks up for everyday use.

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Deep dive comparison

2026 Genesis GV60 2024 Range Rover Velar

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