Genesis is refreshing its compact luxury electric crossover lineup for 2027 with meaningful updates to the GV60 and its high-performance Magma variant. The second-generation GV60 arrives with evolutionary design changes, interior refinements, and an expanded battery lineup that extends range and addresses one of the model's early criticisms.

The standard GV60 maintains its dual-motor all-wheel-drive configuration while benefiting from a larger battery pack option. Genesis hasn't released final EPA range figures, but the expanded cell capacity targets 300-plus miles for certain trims. The existing 314-horsepower setup carries forward, keeping acceleration quick and responsive for daily driving and highway merging.

The real story lives in the GV60 Magma, Genesis's answer to the BMW i4 M and Mercedes-AMG EQE SUV. This high-performance variant cranks output to 462 horsepower through hardware updates and software tuning. The Magma's 0-60 time drops below 5 seconds, making it genuinely quick in its class. Handling improves through a sportier suspension tune and wider body work that gives it visual aggression matching its performance credentials.

Inside, both versions receive updated infotainment systems with larger touchscreens and improved software responsiveness. The cabin materials step up in the Magma, featuring more carbon fiber trim and premium leather. Genesis kept the rotary controller for climate and audio controls, a design element owners either love or debate endlessly.

Pricing starts in the mid-$50,000 range for base GV60 models, with Magma variants landing around $70,000 before options. These figures place both vehicles directly competitive with Tesla Model Y Performance, Audi Q4 e-tron Quattro, and BMW iX xDrive40