2027 Genesis GV60 Magma Locks in Australia: A $130,000 Electric Flagship with Volcanic Ambitions

Positioned as the halo vehicle of the updated all-electric GV60 range, the Magma arrives in Australian showrooms with a premium price tag of $130,000 before on-road costs—positioning it roughly $15,000 above its performance-focused corporate cousins, the Hyundai Ioniq 5 N and Ioniq 6 N.

While the Genesis press release heavily accentuates its bespoke "Athletic Elegance" and standalone performance status, savvy buyers will recognize the underlying architecture. The GV60 Magma directly shares its high-output electric running gear with the highly acclaimed Hyundai N electric vehicles. This includes the identical 84kWh lithium-ion battery pack, an electronic limited-slip differential (e-LSD), and the digitised motorsport engagement functions.

Dual-Motor Dynamics and Stratospheric Outputs

The mechanical core of the GV60 Magma features a heavily revised all-wheel-drive dual-motor setup. Under standard driving conditions, the system deploys a combined 448kW of power and 740Nm of torque. However, activating the steering-wheel-mounted Boost Mode unlocks the vehicle's maximum capability for approximately 15 seconds, raising performance to a stratospheric 478kW and 790Nm.

When utilizing Launch Control in Boost Mode, the GV60 Magma rockets from 0-100km/h in a claimed 3.4 seconds, clocks a 0-200km/h time of 10.9 seconds, and runs on to a maximum top speed of 264km/h. To safely harness this energy, the Magma steps up to an uprated braking package featuring massive 400mm front discs and monoblock calipers, allowing it to bring the heavy platform to a dead stop from 100km/h in just 33.8 metres.

Combustion Emotion via Virtual Gear Shift

Recognizing that electric vehicles can sometimes lack character, Genesis has embedded several immersive software platforms into the GV60 Magma to mimic traditional internal combustion dynamics.

• Virtual Gear Shift (VGS): This program precisely fine-tunes motor output, torque delivery, and regenerative braking to perfectly recreate the tangible gear shift interruptions and physical dynamics of a high-performance petrol vehicle, complete with high-revving engine audio.

• Drift Mode: By adjusting the real-time power distribution and lock percentage of the rear e-LSD, Drift Mode alters the car's driving character to support track-oriented, tail-happy rear-wheel-drive dynamics.

• Smart Regen 3.0: Unlike the pre-facelift line-up that only operated down to 9km/h, this latest generation regenerative braking operates seamlessly across the full speed spectrum to a complete standstill, utilizing navigation map data and traffic flow to intelligently calculate optimal deceleration force.

Aggressive Aerodynamics and Driver-Centric Cockpit

Visually, the GV60 Magma sits lower and significantly wider than the standard GV60 variants. The exterior design features a motorsport-inspired look dominated by the signature three-hole front bumper, wider wheel arches, lift-reducing front canards, and a distinctive winglet-style rear spoiler engineered to manage high-speed downforce. The SUV rolls on 21-inch graphite grey matte forged alloy wheels wrapped in performance-oriented 275mm Pirelli P Zero tyres.

Inside, the cabin balances premium track-inspired elements with luxury comfort. The dashboard, center console, and contoured front bucket seats are covered in premium suede-like Chamude upholstery accented with bright orange stitching, custom quilting, and matching orange seatbelts.

Dominating the cockpit is the new 27-inch Integrated Wide Display running the latest MB.OS-backed infotainment system, featuring built-in AI compatibility via ChatGPT, Microsoft Bing, and Google Gemini. Engaging "Magma Mode" entirely revises the digital cluster into a performance-centric three-circle dial layout that relays motor and battery temperatures, road speed, and real-time lateral force directly into the driver’s line of sight.

The Premium Ownership Experience

To help justify the $15,000 premium over its Hyundai stablemates, Genesis wraps the GV60 Magma in a comprehensive premium ownership program designed to eliminate scheduling friction. Private vehicles are backed by a five-year, unlimited-kilometre warranty and five years or 75,000km of completely free scheduled servicing. Furthermore, buyers receive 24/7 premium roadside assistance for up to 10 years (when serviced within the dealer network) alongside the Genesis To You concierge program, which delivers a complimentary courtesy vehicle directly to the owner during service intervals.

Full 2027 Genesis GV60 Australian Pricing

Orders are currently open nationwide across the updated Genesis electric SUV portfolio.

(Note: All prices below represent the Manufacturer’s List Price (MLP) inclusive of Luxury Car Tax (LCT) where applicable, but strictly exclude dealer delivery fees and statutory on-road costs.)

• 2027 Genesis GV60 Advance AWD – $88,300
• 2027 Genesis GV60 Magma AWD (Flagship) – $130,000

Available Factory Options:

• Premium Matte Paint Finish (Matterhorn White, Makalu Grey, or Ceres Blue) – $4,000