Our Top Pick: Genesis GV60 Magma
The Genesis GV60 Magma is a premium performance EV electric SUV that blends dual‑motor, high-output acceleration with luxury features, refined ride comfort, and quiet cabin manners to create a performance crossover aimed at drivers who want sports-car speed without sacrificing everyday comfort or high-end materials. For most buyers shopping in this segment, the GV60 Magma is the right choice because it brings almost everything that makes the Ioniq 5 N exciting and adds upscale design, superior equipment, and a more mature driving character. Its dual electric motor setup delivers 448kW and 740Nm, rising to 478kW and 790Nm for around 15 seconds in Boost mode, giving 0–100km/h in 3.4 seconds, a 0–200km/h time of 10.9 seconds, and a 264km/h top speed. The GV60 Magma also offers an 84kWh battery and an 800‑volt architecture enabling a rapid 10–80 percent DC fast charge in about 18 minutes, plus a WLTP range of 425km.
Luxury Positioning and Electric SUV Pricing
The GV60 Magma launches as the spearhead of a new performance sub‑brand, and its pricing clearly targets premium performance EV buyers. In one market it is described as a $130,000 proposition before on‑road costs, while closely related Ioniq 5 N and Ioniq 6 N models sit just under $115,000. In the U.S., the GV60 Magma starts at USD 71,495 (approx. RM338,000), including destination, which is about USD 10,000 (approx. RM47,000) more than its sister car, the Hyundai Ioniq 5 N after a recent price cut. According to one review, "A Porsche Macan GTS Electric starts over $35,000 more than the Magma, and you’d need to add plenty of options to have equal equipment," while a Cadillac Optiq‑V is a few thousand less before options. That makes the GV60 Magma a compelling electric SUV pricing story: clearly above the Ioniq 5 N, but far below some traditional luxury rivals once you match equipment.
Performance and Driving Character: GV60 Magma vs Ioniq 5 N
Under the skin, the Genesis GV60 Magma shares its core dual‑motor hardware with the Ioniq 5 N, including the 84kWh battery, up to 478kW in Boost mode, and similar 0–100km/h acceleration figures: 3.4 seconds for the Magma and Ioniq 5 N, and 3.2 seconds for the Ioniq 6 N. All three sit on an 800‑volt architecture and can charge from 10 to 80 percent in about 18 minutes. Where the GV60 Magma pulls ahead as a premium performance EV is its ride, refinement, and tuning. Stroke‑sensing electronic control suspension, hydraulic G‑bushings, dual‑layer subframe bushings, and extensive noise insulation make it remarkably quiet and composed, even on forged 21‑inch alloys and 275/30R21 Pirelli P Zero tyres. Range is modest at 425km WLTP versus 448km for the Ioniq 5 N, thanks to the Genesis’s chunkier shape and extra 40–70kg of mass. Sure, on‑centre steering feel could be better and the 2270kg kerb weight is noticeable, but it remains a strong achievement in defying physics at speed.
| Spec | Genesis GV60 Magma | Hyundai Ioniq 5 N |
|---|---|---|
| Power (Boost mode) | 478kW / 790Nm dual‑motor AWD | 478kW dual‑motor AWD (shared architecture) |
| 0–100km/h | 3.4 seconds | 3.4 seconds |
| Battery capacity | 84kWh | 84kWh |
| WLTP range | 425km | 448km |
| DC fast charge 10–80% | ≈18 minutes (800‑volt) | ≈18 minutes (800‑volt) |
| Price (example market) | $130,000 before on‑road costs | Just under $115,000 |
| U.S. starting price | USD 71,495 (approx. RM338,000) including destination | ≈USD 61,495 (approx. RM291,000) after price cut (about $10,000 less) |
Comfort, Features, and the Premium Experience
The GV60 Magma is designed as "Satan in a suit"—a performance EV that can go feral when asked but spends most of its life as a quiet, comfortable, luxurious electric SUV. Its equipment level outstrips the Ioniq 5 N, with heated and cooled fully electric front buckets trimmed in Chamude suede‑like upholstery, tartan‑pattern orange stitching and seatbelts, or optional Ash White detailing at no cost. A 17‑speaker Bang & Olufsen audio system and a 27‑inch OLED display push cabin feel above its Hyundai sibling. Driving modes cover Range, Comfort and Sport, plus GT, Sprint and My Mode via an orange Magma dial, letting you mix e‑LSD behaviour, ESC Sport settings, steering weight and damper firmness. Comfort mode is compared to a Taycan for ride quality, while GT and Sprint firm things up for fast roads and track work. The Genesis servicing experience adds another premium layer, with five years of included servicing and collection‑and‑return service loaners.
Buy if / Skip if
- Buy the Genesis GV60 Magma if you want a premium performance EV that adds luxury, refinement and quietness to Ioniq 5 N‑level speed and hardware.
- Skip the Genesis GV60 Magma if your priority is lowest possible electric SUV pricing and you would rather save about USD 10,000 (approx. RM47,000) with the Hyundai Ioniq 5 N instead.
- Buy the Genesis GV60 Magma if you value features like heated/cooled Chamude bucket seats, Bang & Olufsen audio and premium servicing with five years of included maintenance and pick‑up/drop‑off.
- Skip the Genesis GV60 Magma if you want the longest possible range in this platform, as the Ioniq 5 N offers 448km WLTP versus the Magma’s 425km.
- Buy the Genesis GV60 Magma if you prefer a more mature ride and noise suppression, with adaptive stroke‑sensing suspension and extensive insulation making it remarkably quiet for a fast EV.
- Skip the Genesis GV60 Magma if you demand razor‑sharp, ultra‑connected steering feel at the limit; its on‑centre steering remains a bit aloof and can feel heavy in Sport+ on uneven surfaces.
