What's new
The Genesis GV60 Magma has been priced for the UK at £75,915, with customer deliveries due to begin in late 2026. It becomes the flagship of the GV60 range and the first production car to set out the Magma performance direction. Genesis is presenting it as a luxury high-performance car rather than a model built only around headline figures.
Compared with the current GV60 Performance, output rises from 483bhp to 601bhp. Torque is rated at 740Nm, while boost mode adds another 40bhp and 50Nm for 15 seconds. Special thermal management is fitted to prepare the battery for short bursts of acceleration or sustained circuit driving.
Tyrone Johnson, Genesis vehicle development director, says Magma is not simply about being the fastest or having the highest horsepower. He points instead to driver experience and a sense of connection with the car. Johnson, who previously worked at Ford and led ST and RS hot hatch development, compares the target feeling with the connection he felt in a Formula Ford single-seater.
The visual changes are substantial, but Genesis did not want the car to look like a Hyundai Ioniq 5 N. The body gets flared wheelarches, wider tyres, three slots in the nose and a large rear wing. Genesis says the spoiler is functional and generates downforce rather than being only a styling add-on.
- New UK price: £75,915.
- UK deliveries: late 2026.
- Range position: GV60 flagship.
- Magma programme: a preview of further high-performance Genesis models.
Specifications and technology
The all-wheel-drive powertrain produces 601bhp as standard. In boost mode it can deliver 641bhp and 790Nm, because 40bhp and 50Nm are added to the base outputs. Energy comes from a battery with a gross capacity of 84kWh.
The WLTP range was still being homologated when the figures were released. Genesis expects it to come in at less than 300 miles. The brand has not yet provided final acceleration or top-speed figures, so the confirmed technical story is focused on output, battery, chassis and driving modes.
Chassis, drive modes and brakes
The car has active suspension lowered by 18mm, revised steering, upgraded brakes and bespoke wheels and tyres. Genesis also states that the Magma sits 20mm lower than the regular GV60. Suspension geometry and the roll centre have been altered compared with the standard model.
The chassis uses adaptive dampers and hydro-bushings to help absorb impacts from potholes and rough surfaces. The front braking system includes monoblock calipers and large-diameter discs developed around the bespoke 21-inch wheels. Wider tyres measure 275mm across.
Drivers can choose Sprint, GT and My modes. Sprint turns the steering, suspension, motors and electronic limited-slip differential up to their most aggressive settings and reduces stability-control intervention. GT still allows movement from the rear axle but softens the suspension, steering and power delivery.
Some hardware and software will be familiar from the Hyundai Ioniq 5 N, including the eight-speed VGS virtual gearshift, drift mode and maximum output from the high-revving motors. Johnson argues that the Magma has a different brief: he describes the Ioniq 5 N as a corner-focused track car, while the GV60 Magma is intended to feel at home during very fast driving on a German autobahn. The synthesised sound is also tuned differently, moving from an initial whine into a V6-like roar as it climbs towards a virtual 9000rpm.
| Parameter | Value |
|---|
| Power | 601bhp, 641bhp in boost mode |
| Torque | 740Nm, 790Nm in boost mode |
| Battery | 84kWh gross |
| WLTP range | Under homologation, likely less than 300 miles |
| Suspension drop | 18mm active suspension, 20mm lower than regular GV60 |
| Tyres | 275mm wide |
| Wheels | 21 inches |
Markets, prices and availability
The UK will receive a single highly specified version priced at £75,915. Deliveries are scheduled to start in late 2026. A price between £75,000 and £80,000 had previously been expected, given that a top-spec regular GV60 already costs nearly £68,000.
Against the named rivals, the GV60 Magma sits above several powerful electric models. It is around £10,000 more expensive than the similarly powerful Hyundai Ioniq 5 N. It is also getting on for £6,000 more than a Polestar 4 Dual Motor with the Performance Pack.
Equipment and positioning
The equipment list supports the luxury side of the car’s character. The cabin gets a black finish with orange detailing, heated and ventilated bucket seats, a B&O audio system and uprated double glazing. Genesis also mentions active noise cancellation, sound-insulating glass and reinforced door seals.
Inside, the seats, doors and centre console are trimmed in a premium suede-like material. Magma orange appears in the contrast stitching, while the steering wheel carries orange buttons for drive modes and boost. When Magma mode is activated, the section of the 27-inch panoramic display in front of the driver switches to a three-circle layout showing speed, motor and battery temperatures and g-forces.
Genesis says the GV60 Magma will not be the only model from this line. The company plans to create a high-performance variant of every model in its range over time. Luc Donckerwolke, Genesis chief creative officer, says Magma adds adrenaline to the brand’s DNA while preserving elegance and balance.
- Hyundai Ioniq 5 N: just over £65,000.
- Polestar 4 Dual Motor with Performance Pack: nearly £6,000 less than the GV60 Magma.
- Porsche Macan Electric: from £68,000.
- Regular Genesis GV60 in top specification: nearly £68,000.
Verdict
The GV60 Magma stands out less because of raw output alone and more because it pairs 601bhp with comfort, cabin isolation and rich equipment. Its price is well above the Hyundai Ioniq 5 N, so the case for it rests on whether buyers value the more luxurious character and different tuning over a sharper track focus.