BMW M and Mercedes-AMG are about to come across competitors from Korea, as Genesis Magma, the high-performance division of the posh model, plans to launch in Australia in early 2026. This native premiere will come shortly after its world introduction in Korea, scheduled for late 2025.
The primary mannequin to hit the Australian market can be a hanging Lava Orange model of the GV60 compact electrical SUV, which showcases Magma’s signature colour.
In the end, all Genesis fashions will function a Magma variant, and practically all can be out there in Australia. The lineup will embrace each electrical and hybrid powertrains, alongside conventional inner combustion engine choices.
This timeline and particulars concerning the fashions had been confirmed by Mike Tune, the worldwide head of Genesis, throughout his current go to to Australia to inaugurate a brand new showroom in Sydney. He expressed enthusiasm for the Magma model, stating, “Having one thing like [Magma] in place for us brings a whole lot of desirability and credibility to the model and I feel it brings with it a whole lot of alternative for us.”
Tune famous that the worldwide launch will happen within the fourth quarter of this yr in Korea, with an anticipated rollout in Australia by early subsequent yr. He acknowledged the potential enchantment of the Magma model to Australian customers, stating, “We all know it should actually resonate with the Australian public and we’re very excited to carry that to Australia.”
Tune highlighted Australia’s sturdy urge for food for efficiency autos, referencing the success of manufacturers like BMW M and Mercedes-AMG. To showcase this, Genesis organized efficiency demonstration laps with racing legend Jacky Ickx at Mount Panorama, that includes each the GV60 Magma Idea and the X Gran Berlinetta Idea.
Along with increasing its high-performance choices, Genesis plans to enter the World Endurance Championship (WEC) and IMSA sportscar championships in 2026. The GV60 is predicted to ship thrilling efficiency, utilizing parts from the spectacular Hyundai Ioniq 5 N, which suggests energy outputs of no less than 478kW and 770Nm, with a 0-100 km/h acceleration time of beneath 3.5 seconds.
The GV60 was considered one of a number of Magma ideas launched on the New York Auto Present final March, sporting redesigned aerodynamics aimed toward boosting downforce, decreasing drag, and enhancing cooling. Enhanced observe width and wheel-arch extensions give the GV60 a extra aggressive stance.
Whereas the usual GV60 begins at $103,384 in Australia, the Magma variant is predicted to achieve greater value factors, similar to its rivals within the luxurious efficiency market. Tune articulated a transparent imaginative and prescient for the Magma lineup, wanting it to be acknowledged by clients as “the iron fist within the velvet glove.”
Extra fashions confirmed for the Magma lineup embrace GV70 and GV80 SUVs, in addition to electrified and conventional variations of the G80 sedan. There’s additionally potential for a Magma version of the getting old G70 sedan. Nevertheless, the G90 sedan is not going to be out there in Australia, as it’s not produced in right-hand drive.
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