Genesis GV60 Magma priced at €86,900 for Dutch launch

Genesis has launched the GV60 Magma, a high‑performance electric SUV, in the Netherlands with a price of €86,900. The model delivers 650 hp and 790 Nm of torque, accelerating from 0 to 100 km/h in 3.4 seconds. It is equipped with an 84 kWh battery offering a WLTP range of about 425 km and supports 800 V fast charging, reaching 10‑80 % in roughly 18 minutes.

The Magma’s price is roughly €37,000 higher than the base GV60 and €13,000 above the mechanically similar Hyundai Ionix 5 N. Compared with competing premium EVs, it sits above the Tesla Model Y Performance (€63,990) and the Hyundai Ioniq 5 N (€73,995) but below the Porsche Macan 4 Electric (€89,801). Genesis positions the GV60 Magma as a premium, ultra‑sporty alternative within the European electric‑vehicle market.