Genesis GV60 vs LDV ET60

What's the difference?

VS
Genesis GV60
Genesis GV60

$88,300 - $130,000

2026 price

LDV ET60
LDV ET60

2023 price

Summary

2026 Genesis GV60
2023 LDV ET60
Safety Rating

Electric motor type
Permanent Magnet
Electric motor type
Permanent Magnet
Vehicle type
Battery Electric
Vehicle type
Battery Electric
Electric range
425 km
Electric range
330 km
Energy consumption
21.5 kWh/100km

26.9 kWh/100km
Battery capacity
84.00 kWh

88.55 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

  • Too expensive
  • Odd standard equipment list
  • Rough unladen ride
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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2023 LDV ET60 Summary

This is it: Australia’s first fully electric ute.

It is telling of the times that the eT60, a dual-cab, no less, doesn’t come from a traditional titan of Australia’s car market like Ford, Nissan or Toyota.

Instead, it comes from Chinese upstart, LDV. The brand has already made a name for itself importing affordable alternatives to these mainstream rivals.

The combustion version of the T60 is chipping away at the market share of established names, commanding nearly six per cent of the light commercial market, placed fifth behind Mitsubishi.

Can the brand be more than a cut-price option, though? Does it have what it takes to be a first-mover with its all-electric dual-cab? We drove a pre-production example at its Australian launch to find out.

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Deep dive comparison

2026 Genesis GV60 2023 LDV ET60

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