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Electric

The hot Genesis GV60 Magma will enter production next year

Genesis is launching its Magma performance line with its version of the all-electric Hyundai Ioniq 5 N

Published: 17 Jul 2024

Genesis has announced that the GV60 Magma Concept – essentially its take on the Hyundai Ioniq 5 N and Kia EV6 GT – will make production, with sales set to start in Korea in the third quarter of next year and Europe in the fourth quarter.

No official figures have been released yet, but we do know the production GV60 Magma will feature ‘enhanced battery and motor technology’ and ‘exclusive chassis and suspension components’ over the standard car and that it should look very similar to the lower, wider and bewinged concept car.

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“We’re looking for a new unique combination of the Korean premium feeling – which is quite unique and special – and then European driving dynamics,” said vehicle development boss Tyrone Johnson as the GV60 Magma concept made its debut at Goodwood. “We don’t want to speak about numbers because numbers are not the most important thing. Having said that, Magma cars will not be slow cars."

Don’t expect the GV60 Magma to be an Ioniq 5 N in a posh suit, though, despite the platform sharing. “What we're trying to achieve is completely different from N or the EV6 GT,” said Johnson.

“The Ioniq 5 N and EV6 GT are categorically different cars. They have completely different characters, and that’s not only due to tuning, it’s also due to some hardware changes between those two cars and there will be hardware changes on the Magma also.”

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The GV60 won’t be the only Magma performance product either. Genesis brought its G80 EV Magma Concept and GV80 Coupe Concept to Goodwood previewing future production cars, and there was also an appearance from its G70 Nürburgring taxi. The latter is a modified G70 with the 3.3-litre twin-turbo V6 that we know from the old Kia Stinger. You can have that engine in a G70 in North America, and the ‘Ring taxi gives us hope of a proper little Magma sports saloon.

Our fingers will remain crossed for now…

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