- Genesis has confirmed its high-performance GV60 Magma EV will start production in fall 2025.
- GV60 Magma is expected to borrow heavily from its 641 hp Hyundai Ioniq 5 N cousin.
- Magma sub-brand makes its dynamic debut at Goodwood with several concepts.
Genesis has confirmed the first car from its new Magma sub-brand will launch in the second half of 2025. The GV60 Magma, a close cousin of Hyundai’s Ioniq 5 N, goes into production in the fall of that year. Korean sales will start around the same time, but Europe won’t get its cars until the tail end of 2025 and US drivers might have even longer to wait.
The GV60 Magma announcement came as Genesis was preparing to give crowds at the Goodwood Festival of Speed a taste of what to expect from its answer to BMW’s M and Hyundai’s N lines.
Related: Genesis GV60 Magma Spied As A High-Performance Luxury EV
Having already given the Magma brand a static launch in March of this year, Genesis is using the Goodwood platform to show its various Magma concept cars in action. The GV60 Magma Concept, G80 EV Magma Concept, GV80 Coupe Concept, as well as the G70 Track Taxi Nordschleife, have all been shipped over to Goodwood House on England’s south coast to take on Lord March’s driveway.
Genesis still hasn’t revealed much in the way of technical details about the GV60 Magma, saying only that the concept features “improved battery and motor technology” and unique suspension tuning to improve its handling. Visual advances over a regular GV60 include a rear spoiler and diffuser, vented wheel arch extensions, bigger brakes, and a stunning set of double-five-spoke alloy wheels that we desperately hope make it to production (prototypes we’ve spied testing have had different rims).
But even if we don’t know the exact powertrain spec, we can assume it’ll be very close to the Ioniq 5 N’s. That has up to 641 hp (650 PS) available from a dual-motor, all-wheel drive setup that would drop straight into the GV60, which uses the same platform. Would you like to see Genesis also offer the Hyundai’s simulated paddle-shift transmission? Leave a comment and let us know.
