Genesis GV60 Magma: the first real shot at AMG's market
News/News

Genesis GV60 Magma: the first real shot at AMG's market

Korea's luxury arm finally has a performance sub-brand. 641 hp, dual-motor, wider track, lower stance. It bowed at the New York Auto Show, with a US launch this summer.

By Seper ArjmandiApril 15, 2026

The performance sub-brand Genesis always needed

For a decade Genesis has built convincing luxury cars without a credible performance halo. The G70 has the chassis. The GV60 Performance has the powertrain. What was missing was a unifying performance identity, the equivalent of AMG, M, RS, V, F. The Magma sub-brand is finally that.

The Genesis GV60 Magma is the first production Magma model. It debuted at the 2026 New York International Auto Show in April, with US deliveries scheduled for summer 2026.

641 horsepower. Dual-motor. Widened track. Lowered ride height. Genesis didn't soft-launch this. They brought the gun.

What Magma actually means

The GV60 Magma takes the existing GV60 Performance's E-GMP platform and runs every performance lever:

  • 641 hp dual-motor electric (up from 483 hp in the GV60 Performance Boost mode)
  • Wider track, a physically broader stance with repositioned wheels
  • Lowered ride height with retuned air suspension
  • Thermal management upgrades, the bit that separates a one-lap car from a sustained-pace one

This is what every Korean halo car has needed for ten years: a brand that signals "this one is actually for going fast," with the engineering to back it up. The Hyundai N range proved the engineering exists. Magma is Genesis cashing the cheque. See where it lands on our fastest electric cars list.

What it competes with

At US launch the GV60 Magma will land in the same price-and-power neighbourhood as the Porsche Macan Turbo Electric (630 hp), the BMW iX M70 (650 hp), and the AMG EQE 53 SUV (677 hp peak). It's the first Korean performance SUV to genuinely belong in that conversation rather than sit one tier below. See how two of its rivals stack up in our Mercedes-AMG EQE vs Porsche Macan comparison.

Magma is also confirmed for the G80 (G80 Magma, already revealed) and the GV80. The GV60 is the opening shot.

Sources: autoconnectedcar.com NYIAS round-up. NYIAS reveal April 2026.