2027 Genesis GV60 Magma Starts at $71,495, $8,995 More Than Ioniq 5 N
The Genesis GV60 Magma is priced at $71,495, making it $8,995 more expensive than its Hyundai Ioniq 5 N sibling.
Key Takeaways
- The 2027 Genesis GV60 Magma starts at $71,495, including destination fees.
- It’s initially available at dealers in California, New York, and New Jersey.
- This is the first model from Genesis’ new Magma performance sub-brand.
- The GV60 Magma has a combined 641 horsepower and 583 pound-feet of torque.
- The electric crossover has an 84-kWh battery pack, but the range is unspecified.
What Is the Genesis GV60 Magma?
The Genesis GV60 Magma is the first model from Genesis’ new Magma performance sub-brand. It’s a more upscale version of the Ioniq 5 N, with a starting price of $71,495, including destination fees.
Genesis is giving birth to a performance sub-brand, Magma, 11 years after parent company Hyundai decided to spin off Genesis into a separate entity to take on BMW, Mercedes, Audi, and Lexus.
How Much More Expensive Is the GV60 Magma Than the Ioniq 5 N?
The GV60 Magma is $8,995 more expensive than its Ioniq 5 N twin. The gap would’ve been significantly smaller had Hyundai not slashed the starting price of its model by more than $6,000 earlier this month.
Whether the extra surcharge over its mainstream sibling is worth it is for customers to decide with their wallets.
What Are the GV60 Magma’s Performance Specifications?
The GV60 Magma has a combined 641 horsepower and 583 pound-feet of torque, with an extra 15 lb-ft (20 Nm) at the driver’s disposal compared to the Ioniq 5 N.
The electric motors draw their energy from an 84-kWh battery pack, but the range is unspecified. However, the EPA has rated the Ioniq 5 N at 221 miles (356 kilometers).
When Will the GV60 Magma Be Available?
The GV60 Magma will hit dealers in the coming weeks, but with a major caveat. The high-performance electric crossover will initially be available in only three states: California, New York, and New Jersey.
What Is Genesis’ Magma Sub-Brand?
Genesis is giving birth to a performance sub-brand, Magma, to take on the likes of Mercedes-AMG, Audi Sport, and BMW M. The Magma GT concept is a window into the future of a mid-engined supercar with a twin-turbo V8, scissor doors, and all the other traits of an exotic performance car.
Specifications
| Specification | Value |
|---|---|
| Starting Price | $71,495 |
| Combined Horsepower | 641 |
| Combined Torque | 583 lb-ft |
| Battery Pack | 84-kWh |
Frequently Asked Questions
Q: What is the starting price of the 2027 Genesis GV60 Magma?
The starting price of the 2027 Genesis GV60 Magma is $71,495, including destination fees.
Q: How much more expensive is the GV60 Magma than the Ioniq 5 N?
The GV60 Magma is $8,995 more expensive than its Ioniq 5 N twin.
Q: What is the combined horsepower of the GV60 Magma?
The GV60 Magma has a combined 641 horsepower.
