The Genesis GV60, which marked its debut in 2021, has quickly managed to establish its domination. After winning major awards such as the German Premium Car of the Year 2023, the electric SUV has now managed to bag the “2024 SUV of the Year” title in China. The premium EV stood out among 80 competitors, solidifying the company’s position in the competitive electric vehicle (EV) industry. Largely boosted by the GV60, the Hyundai Motor Group, which includes Hyundai, Kia, and Genesis, has had record exports and remarkable sales growth in the United States.
Hyundai had its highest-ever November sales in the United States this year, with sales increasing thrice over the previous year. This sales increase has been continuous for both Hyundai and Kia in the US market for the past 16 months. Hyundai, in collaboration with Kia, surpassed GM’s Chevy and Ford to take second place among the top-selling EV brands in the US, following only Tesla in Q3.
Concurrently, Genesis electric vehicles have considerably increased their market reach, now being accessible in 33 US states, up from only eight a year earlier. Genesis, which has committed to an all-electric portfolio by 2030, plans to solely launch electric cars beginning in 2025.
The Genesis GV60, which is built on Hyundai’s E-GMP platform and with a 76.4 kWh battery, has a CLTC range of 645 km. Its cutting-edge 400/800V multi-input charging capabilities allow it to charge from 10% to 80% in just 18 minutes. The GV60 represents the height of ease and technical innovation, with innovative features such as vehicle-to-load (V2L) and digital key 2. In China, the GV60 is available in Luxury and Ultimate Luxury trims, with prices starting at 286,800 and 352,800, respectively. In the United States, the GV60 starts at $52,000 (38,28,000), with three trims offering a 473 km range.
The acknowledgement of the Genesis GV60, as well as Hyundai Motor Group’s excellent sales record in the EV market, represents a significant advancement in the automotive scene. The GV60’s praise solidifies its position as a market leader in the premium EV segment, appealing to worldwide buyers with its elegant design, luxurious interiors, and innovative technology.
The Hyundai Motor Group’s outstanding achievements, as well as the GV60’s victories, highlight the conglomerate’s ambition to lead the charge in the global move to EVs. As the automotive industry accelerates its transition to electric mobility, the Hyundai Motor Group is positioned to be a leading force, aiming to be one of the top three EV manufacturers by 2030.
