The electric GV60 Magma from Hyundai's Genesis luxury division brings 478kW, a 0-100km/h sprint claim of 3.4 seconds, drift mode, and simulated gears. Sound familiar?
Electric Cars
Genesis has revealed the first production-ready vehicle under its performance brand, Magma, taking the covers off the GV60 Magma at the Paul Ricard circuit in France overnight.
Based on the regular electric Genesis GV60 compact SUV, the high-performance Magma variant brings enhanced aerodynamics, more powerful electric motors, as well as a range of high-performance features already seen on sister brand Hyundai's Ioniq 5 N.
Luc Donckerwolke, President and Chief Creative Officer of Genesis, said, “Magma reveals a new facet of Genesis, one that elevates the brand towards true luxury through performance.
“It shows how emotion and precision can coexist in perfect harmony, defining a more confident and mature expression of Genesis.”
Two electric motors, one located at each axle, combine for a maximum output of 448kW and 740Nm.
However, the addition of Boost Mode can, for a period of up to 15 seconds, increase maximum outputs to 478kW and 790Nm, resulting in a 0-100km/h sprint claim of 3.4s, while 0-200km/h is dispatched in a claimed 10.9s.
While the GV60 Magma’s standard outputs mirror those of its Ioniq 5 N twin-under-the-skin, once Boost Mode is activated, the Genesis gains the upper hand, its 478kW/790Nm marginally trumping the 5 N’s 478kW/770Nm.
An 84kWh lithium-ion battery powers the dual electric motors, but Genesis is yet to quote a driving range.
For context, the Hyundai Ioniq 5 N is fitted with the same 84kWh battery offering a range rating of 448km. Replenishing the battery from 10-80 per cent is claimed to take around 18 minutes.
Elsewhere, the GV60 Magma raids the Ioniq 5 N catalogue with launch control and several drive modes including Sprint, GT and Boost, as well as a Drift setting.
It also offers VGS, the Virtual Gear Shift system that mimics the sound and feel of an internal combustion engine, in this instance, according to Genesis, a “realistic high-performance engine sound… inspired by a 9000rpm V6 naturally aspirated engine”.
A customisable 'MY' driving mode allows drivers to customise settings for a suite of performance parameters, including the electronic limited-slip differential and electronic stability control.
Stylistically, the GV60 Magma is distinguished from its tamer sibling by its wider stance sitting lower on the road (by 20mm), 21-inch alloy wheels shod in bespoke 275mm “ultra-wide” Pirelli tyres, unique front and rear bumpers, as well as a rear spoiler.
Genesis says the Magma sub-brand fills a hole in its luxury car line-up.
“If you think about Genesis, we have this premium luxury refinement – a young brand, [just] 10 years old,” said Manfred Harrer, Head of Genesis Performance Development Tech Unit. “We had one gap in the brand and the brand image, and that was performance.”
Genesis Australia has already confirmed the GV60 Magma for local showrooms.
The regular GV60 range is also due for a facelift, previously earmarked for the third quarter of 2025 (July to September), but now understood by Drive to be slated for sometime in 2026.
Final specification and pricing for the Magma are still to be confirmed, but buyers can expect to pay more than the $110,384 before on-road costs the current flagship of the pre-facelift GV60 range commands, with 360kW/700Nm and all-wheel drive.
Similarly, the Hyundai Ioniq 5 N, which shares much of the GV60 Magma’s underpinnings, is currently priced at $110,383 before on-road costs.
That represents an increase of around $19,000 – or approximately 20 per cent - over the top-spec regular Ioniq 5, and applying that formula to the GV60 Magma, alongside a mild price bump for the updated line-up, could see it arrive at around $135,000.
Australian deliveries are slated to start in 2026.
Electric Cars Guide
Rob Margeit is an award-winning Australian motoring journalist and editor who has been writing about cars and motorsport for over 25 years. A former editor of Australian Auto Action, Rob’s work has also appeared in the Sydney Morning Herald, The Age, Wheels, Motor Magazine, Street Machine and Top Gear Australia. Rob’s current rides include a 1996 Mercedes-Benz E-Class and a 2000 Honda HR-V Sport.
