2026 Genesis GV60 Magma arrives as most powerful Genesis yet from $130,000
The first model from Genesis' new Magma performance division is on sale now, packing up to 478kW and a 3.4-second 0-100km/h sprint for $130,000 before on-road costs.
Rob Leigh
Key takeaways
- 2026 Genesis GV60 Magma priced from $130,000 before on-roads
- Up to 478kW and a 3.4-second 0-100km/h sprint
- Genesis' first performance EV, on sale now in Australia
The 2026 Genesis GV60 Magma is here and it's the quickest, most powerful car Genesis has ever built. Priced from $130,000 before on-road costs, the electric performance SUV can be ordered now in Australia as the first model from Genesis' new Magma sub-brand.
2026 Genesis GV60 Magma pricing
That $130,000 sticker lands the Magma about 47% above the base GV60 Advanced, which opens at $88,300 before on-road costs. It also sits roughly $15,000 above the closely related Hyundai Ioniq 5 N.
| Model | Price excluding on-roads |
| 2026 Genesis GV60 Advanced | $88,300 |
| 2026 Genesis GV60 Magma | $130,000 |
See Genesis GV60 driveaway pricing and specifications →
Power and performance
Under the skin sits a dual-motor setup producing up to 478kW and 790Nm in Boost Mode, dropping to 448kW and 740Nm in normal driving. Genesis claims 0-100km/h in 3.4 seconds, 0-200km/h in 10.9 seconds, and a 264km/h top speed.
An 84kWh battery feeds the motors, good for a claimed 425km on the WLTP cycle.
| Specification | Detail |
| Power (boost mode) | 478kW |
| Torque (boost mode) | 790Nm |
| Power (standard) | 448kW |
| Torque (standard) | 740Nm |
| 0-100km/h | 3.4 seconds |
| 0-200km/h | 10.9 seconds |
| Top speed | 264km/h |
| Battery | 84kWh |
| Range (WLTP) | 425km |
What makes the GV60 Magma different
Much of the hardware comes straight from the Ioniq 5 N, including the electronic limited-slip differential, adaptive suspension, Virtual Gear Shift and Drift Mode. Bigger 400mm front brakes, launch control and drive modes named Sprint, GT and My Drive round out the performance kit.
Outside, the Magma drops its ride height and adds 21-inch forged wheels on 275mm Pirelli P Zero tyres, a bespoke rear wing, front spats and a reworked bumper.
It's the only GV60 you can order in the signature Magma Orange.
Inside, buyers get power-operated sport seats, something the Ioniq 5 N skips, alongside a 27-inch OLED display, a 17-speaker Bang & Olufsen system and a Magma drive mode that reskins the dials to show motor and battery temperatures plus lateral force.
Like every Genesis, the GV60 Magma carries a five-year, unlimited-kilometre warranty with five years of complimentary scheduled servicing.
Order books are open now.
Genesis has priced its first Magma to sell prestige as much as performance. The bigger question is how many more Magma models follow, and whether the next ones justify the premium with more than a badge.
Frequently asked questions
How much is the 2026 Genesis GV60 Magma in Australia?
Genesis has priced the GV60 Magma from $130,000 before on-road costs, with order books open now.
How fast is the Genesis GV60 Magma?
It produces up to 478kW and 790Nm, claiming a 3.4-second 0-100km/h sprint and a 264km/h top speed.
What is the driving range of the Genesis GV60 Magma?
Its 84kWh battery delivers a claimed 425km on the WLTP cycle.
Rob Leigh
Co-founder & Director
Rob Leigh is Co-founder and Director of The Beep based in Melbourne, Australia. He has 15+ years inside a major automotive OEM, specialising in product planning, pricing and vehicle strategy.
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