
Genesis Australia has announced local pricing and specifications for the refreshed Genesis GV60 electric mid-size luxury SUV, which does on sale in June 2026. Featuring updated styling, new features and more tech than before, the updated GV60 is priced significantly lower than before thanks to a new entry-level rear-wheel drive Advanced model that has replaced the regular GV60 range ahead of the high-performance Magma variant.
Pricing for the updated GV60 starts at $88,300 plus on-road costs, which is around $15,000 before on-road costs less than the current entry-level GV60 model. To make the price cut possible, the GV60 Advanced uses a single-motor rear-wheel drive layout, compared with the pre-updated model’s standard dual-motor all-wheel drive layout. As a result, outputs have dropped from 234kW/605Nm to 168kW/350Nm.
However, thanks to that change and a larger 84kWh battery, the entry level GV60’s WLTP-rated driving range has claimed from 470km to a healthier 560km. That, plus the lower pricing that’s not within the LCT and FBT exemption thresholds, means that the GV60 will now appeal to more buyers.

Again using the same ‘E-GMP’ 800V platform, the GV60’s new battery can charge from 10 to 80 per cent in just 18 minutes using a 350kW charger, while vehicle-to-load functionality through the exterior charging port is rated up to 3.3kW.
Other changes to the Genesis GV60 for the 2027 model year include a new dashboard layout with a huge 27-inch OLED screen covering both the infotainment and driver’s displays, digital key functionality and new ‘Micro Lens Array’ LED headlights with adaptive high beam.
Australian pricing and availability for the high-performance GV60 Magma is yet to be announced, though we’re expecting it to launch not long after the GV60 Advanced.
2027 Genesis GV60 pricing (excluding on-road costs):
| Advanced: | $88,300 |
|---|---|
| Magma: | $TBC |

GV60 Advanced standard features:
- 19-inch alloy wheels
- Dusk-sensing automatic LED exterior lighting with ‘Micro Lens Array’ headlights
- Rain-sensing automatic wipers
- Keyless entry with push button and finger print reader
- Digital key access
- Exterior V2L (vehicle-to-load) charging functionality
- Heated/auto-folding mirrors with puddle lamps
- Power tailgate with hands-free opening function
- Acoustic laminated windshield and door glass with privacy rear glass
- Dual-zone automatic climate control with rear vents
- Leather seat, dashboard, door and centre console trim with cloth headliner
- 12-way electric front seat adjustment with heating and ventilation
- Heated rear seats and leather steering wheel
- 27-inch OLED screen incorporating infotainment and driver’s display
- Genesis Connected Services
- Satellite navigation with live traffic
- Wireless Apple CarPlay and Android Auto
- Wireless phone charger
- Heat pump
- 10x airbags
- Autonomous emergency braking with pedestrian, cyclist and intersection assistance
- Adaptive cruise control with stop and go functionality
- Lane keeping assistance with adaptive lane guidance
- Blind-spot monitoring (with braking)
- Blind-spot camera
- Rear cross-traffic alert (with braking)
- Safe exist assist
- Driver attention monitoring
- Speed sign recognition
- Front, side and rear parking sensors
- Automatic parking
- 360-degree camera
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