Genesis Australia has announced local pricing and specifications for the new high performance GV60 Magma, which is the first product from its new Magma performance sub brand. The GV60 Magma uses the underpinnings of the Hyundai Ioniq 5 N and 6 N, but dresses them up in a more luxurious and premium suit. The new Magma follows on from the introduction of the facelifted GV60, which went on sale locally last month.

In Australia, the GV60 Magma is priced from $130,000 plus on-road costs, making it $15,000 more expensive than the Hyundai twins, and $41,700 above the regular GV60. However, compared with the regular GV60, the Magma uses a dual-motor all-wheel drive drivetrain making 448kW of power and 740Nm of torque, numbers which are increased to 478kW/790Nm when Boost Mode is activated.

That’s enough output to make the GV60 Magma quick off the line. It sprints to 100km/h in just 3.4 seconds, to 200km/h in just 10.9 seconds and a top speed of 264km/h. Under the body is an 84kWh lithium-ion battery that’s good for a claimed 425km of WLTP range.

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Like the Hyundai N twins, the GV60 Magma uses many features aimed at increasing driver enjoyment, including the aforementioned Boost Mode, a drift mode, an electronically controlled limited-slip differential, adaptive suspension and, most important of all, Virtual Gear Shift, which introduces fake engine noises and fake gears. However, unlike the N twins that use fake noise replicating a turbo-four, the GV60 Magma replicates a high-revving six cylinder engine.

Other new features for the GV60 as part of the Magma transformation include 21-inch alloy wheels with Pirelli P Zero tyres, body changes with sportier styling, the huge rear spoiler and, as the halo colour for the Magma brand, availability of the hero Magma Orange colour.

Inside, the Magma uses the same interior layout as the regular GV60, though adds a number of sportier details. The huge 27-inch OLED touchscreen features a Magma skin, as well as Magma mode menus to adjust the driving dynamics, while there are also sports seats with power adjustment. Suede and leather upholstery with checkered patterns also features, as well as orange stitching.

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The GV60 Magma is loaded with standard features, including dusk-sensing automatic LED exterior lighting with adaptive high beam, rear privacy glass, a panoramic roof, a suede headliner, ambient lighting, electric seat adjustment with heating and ventilation, a head-up display, 17-speaker Bang & Olufsen audio and safety kit such as 10 airbags, semi-autonomous highway driving capability and a 360-degree camera.

2026 Genesis GV60 pricing (excluding on-road costs):

Advanced$88,300
Magma$130,000

The updated Genesis GV60 range is now entering local Genesis dealerships ahead of local deliveries commencing soon.

GV60 Magma standard features:

  • 21-inch alloy wheels with Pirelli P Zero tyres
  • Dusk-sensing automatic LED exterior lighting with front and rear daytime running lights
  • Rain-sensing automatic wipers
  • Keyless entry with push button start, remote start, remote smart parking and digital key functionality
  • Fingerprint authentication system
  • Panoramic sunroof
  • Rear privacy glass
  • Dual-zone automatic climate control
  • Suede and leather upholstery
  • 10-way driver/8-way front passenger electric seat adjustment
  • Heated and ventilated front seats, heated outboard rear seats
  • Heated leather steering wheel
  • 27-inch OLED display incorporating the touchscreen and driver’s display
  • Over-the-air updates
  • Wireless Apple CarPlay and Android Auto
  • Satellite navigation with live traffic and augmented reality display
  • 17-speaker Bang & Olufsen audio system
  • 4x USB-C ports
  • Wireless phone charger
  • Head-up display
  • In-car camera
  • Sprint, GT and My Drive modes
  • 10x airbags
  • Autonomous emergency braking
  • Adaptive cruise control
  • Lane keeping assistance with adaptive lane guidance
  • Blind-spot monitoring with camera feed and active braking
  • Rear cross-traffic alert with braking
  • Rear occupant alert
  • Safe exit assist
  • Traffic sign recognition
  • Driver attention monitoring
  • Adaptive high beam
  • Front, side and rear parking sensors
  • 360-degree camera