Genesis has confirmed that its GV60 Magma concept will be going into production in 2025. The first public appearance of the production model will be at the 2024 Goodwood Festival of Speed. This decision comes after the success of the GV60, which was named a finalist for Green Car Reports Best Car To Buy 2023 award. The Magma version of the GV60 will offer a performance edition of the popular luxury electric vehicle.
Sales of the GV60 Magma are set to begin in South Korea in the third quarter of next year, followed by a European launch in the fourth quarter of 2025. Genesis has not confirmed when the vehicle will be available in the U.S., although it made its debut in New York. The brand plans to create a Magma version for every model in its lineup, but it is currently unclear if these updates will apply to existing EV models or future hybrid and plug-in hybrid vehicles.
The Magma cars will feature sport-tuned suspensions and a lower ride height, but no specific performance upgrades have been confirmed. The concept does include upgrades to its cooling systems, which could potentially lead to increased power output. It is speculated that the GV60 Magma could have performance capabilities similar to the Hyundai Ioniq 5 N, as they share the same E-GMP architecture.
Overall, Genesis’s decision to introduce the GV60 Magma concept for production in 2025 demonstrates the brand’s commitment to innovation and performance in the electric vehicle market. With plans to expand the Magma version to other models in the lineup, Genesis is poised to make a significant impact in the luxury electric vehicle segment.
Introduction
Genesis has announced its plans to produce the GV60 Magma concept in 2025, with the first public appearance set to be at the 2024 Goodwood Festival of Speed. This decision follows the success of the GV60 as a finalist for the Green Car Reports Best Car To Buy 2023 award. The Magma version of the GV60 is expected to offer a performance upgrade to the existing luxury electric vehicle lineup.
Confirmation of Production
Genesis has confirmed that the GV60 Magma concept will be produced in 2025, with sales set to begin in South Korea and Europe next year. While the exact timing of the vehicle’s availability in the U.S. has not been confirmed, the brand aims to launch a Magma version for every model in its lineup. This decision reflects Genesis’s commitment to innovation and performance in the electric vehicle market.
Magma Features
The Magma edition of the GV60 will include sport-tuned suspensions and a lower ride height, enhancing the performance capabilities of the luxury electric vehicle. While no specific performance upgrades have been confirmed, the concept does feature enhancements to its cooling systems, potentially leading to increased power output. The GV60 Magma is expected to deliver a new level of performance in the electric vehicle segment.
Expansion to Other Models
Genesis has expressed its intent to introduce a Magma version for every model in its lineup, although it remains unclear if existing EV models or future hybrid and plug-in hybrid vehicles will receive these updates. As the brand continues to innovate and expand its electric vehicle offerings, the introduction of the GV60 Magma demonstrates a commitment to performance and sustainability.
Potential Impact
The decision to produce the GV60 Magma concept in 2025 signifies Genesis’s dedication to pushing the boundaries of luxury electric vehicles. With plans to expand the Magma version to other models in the lineup, Genesis is positioned to make a significant impact in the electric vehicle market. The introduction of the GV60 Magma highlights the brand’s commitment to innovation, performance, and sustainability in the automotive industry.