High-performance Genesis GV60 Magma revealed

• First high-performance Genesis production model
• 650PS and 790Nm
• More aggressive look with lower ride height than standard GV60
• On sale in 2026

Genesis has unveiled its first high-performance production model, a 650PS version of its mid-size SUV, the GV60.

The Genesis GV60 Magma is, in some ways, a luxury version of the Hyundai Ioniq 5 N. Genesis is the luxury offshoot of Hyundai, and will use the same powertrain, which should mean a 0-62mph in around three seconds. The new car marks the introduction of the Magma branding, which Genesis says will be the equivalent of BMW's M division or Mercedes' AMG badge.

Full tech specs have yet to be released, but we do know that the GV60 Magma will get the Ioniq 5 N's launch control, drift mode and its gimmicky-but-fun Virtual Gear-Shift System. In other words, this is a Genesis designed for fun behind the wheel. When it goes on sale next year it should be an intriguing rival for cars like the Porsche Macan Electric, the Tesla Model Y Performance and the new Alpine A390.

2026 Genesis GV60 Magma price and release date

No firm price or release date for the new Genesis GV60 Magma has yet been announced. We know that it's coming in 2026, and we can hazard a guess at a price that's somewhere around the £75,000 mark – the top-spec regular GV60 is £67,715.

For comparison, the Porsche Macan Electric starts at £68,600, the Tesla Model Y Performance is £61,990 and the Alpine A390 price has yet to be confirmed. An Ioniq 5 N is £65,010.

2026 Genesis GV60 Magma styling, interior and technology

The new Magma obviously shares much of its styling with the standard GV60, but Genesis has lowered it – both visually and literally. Wide horizontal lines across the front make it seem lower and wider, and revised suspension drops it 20mm, too. The three holes at the front will become a signature design feature on future Magma cars.

The arches have been widened to accomodate big 21-inch forged alloys, and the side-skirts, together with the large rear wing and a diffuser in the rear bumper, have been designed to improve aerodynamics and add downforce at higher speeds.

As well as the bright orange paint in these images, there are black gloss exterior mouldings and dark metal accents.

Inside, there's orange and grey stitching over a Chamude suede-like material for what Genesis says is a sporty but luxurous feel. The black gloss and dark metal finishes on the outside are reflected in the switchgear, and there's a Magma-specific steering wheel with orange accents on the drive mode and Boost buttons. There's a head-display and a digital instrument cluster that, as well as things like speed, can show G-force and boost time.

2026 Genesis GV60 Magma electric motors, performance and range

The Genesis GV60 Magma uses a dual-motor setup with 609PS and 740Nm of torque in standard mode, of 650PS and 790Nm in Boost mode, which lasts for 15 seconds when you press the steering wheel-mounted button. While a 0-62mph time hasn't been revealed, Genesis says it'll hit 200kph (124mph) in 10.9 seconds and max out at 164mph.

Battery capacity and range have yet to be announced. However, the Ioniq 5 N uses an 84kWh battery, so we'd expect to see it here, too.