The 641-HP EV Twins: Genesis GV60 Magma vs Hyundai Ioniq 5 N

The 2027 Genesis GV60 Magma and the Hyundai Ioniq 5 N share an electric platform, a dual-motor all-wheel-drive layout in their hottest trims, and a simulated eight-speed gearbox that lets a battery-powered crossover mimic the feel of a real sport sedan. They diverge from there.

Hyundai launched Genesis as its upscale brand in 2015, and the lineup has since cleared 1.5 million sales and is operating in over 22 markets. The new Magma sub-brand is Genesis’s first real performance play, with the GV60 Magma as the opener. Both crossovers clear 62 mph in 3.4 seconds. The Ioniq 5 N took the 2024 World Performance Car award, has been on sale since the 2024 model year, and starts at $66,200 on Hyundai’s own site. The GV60 Magma is the newcomer, and its US pricing was still unofficial at the time of the first drive.

Where the Stopwatch Ties

Both cars run dual motors with the same 641 hp peak. The peak numbers are matched; the chassis tuning and the boost window are not.

Per the side-by-side first drive of both crossovers, the Genesis carries the higher torque figure while the Hyundai carries the lighter chassis. The two reach 62 mph in the same 3.4 seconds. Top speed runs 164 mph on the Genesis and 162 mph on the Hyundai. Outside boost, the two settle within a pound-foot of each other in torque, with both putting out 601 hp.

Beyond the table, the boost-mode call differs in duration. Genesis holds peak power for 15 seconds per pull. Hyundai holds it for 10 seconds. Both cars layer a synthetic gear-shift sound on top of the powertrain, with brief power cuts on each paddle click and a scripted engine note through the speakers. The Hyundai uses the turbo four-cylinder Elantra N as its audio reference. The Genesis goes for a deeper V6 rumble that hits a simulated redline at 9,000 rpm.

Range and Charging

Both vehicles run the same 84 kWh battery pack. Genesis estimates 230 miles for the Magma, while the Ioniq 5 N carries an EPA-rated 221 miles. Both numbers sit within a 10-mile window and trail the 300-mile range many EV shoppers now expect.

Charging times match at fast stalls. Both accept over 250 kW on a DC fast charger and run from 10% to 80% in 18 minutes. The Genesis earns a small edge at slower stalls, taking 73 minutes for the same 10-to-80 window at a 50 kW charger where the Ioniq 5 N needs 81. Both share a 10.9 kW onboard AC charger, enough for an overnight top-up at home.

Behind the Steering Wheel

Standard drive modes overlap on both cars: Range, Comfort, and Sport. The track-day defaults diverge.

• Both cars: Range, Comfort, and Sport
• Hyundai only: N Race mode (Sprint and Endurance)
• Genesis only: Magma button (GT by default, Sprint as the punch)
• Both cars: Drift mode for sideways fun on a track

The brand-specific modes are mirrored by the boost buttons. Genesis calls its mode Boost and holds peak power for 15 seconds. Hyundai calls its mode N Grin Boost and only opens it for 10 seconds at a stretch.

my feeling is that the Ioniq N behaved like a talented but young driver, think Kimi Antonelli currently burning up the F1 circuit. The GV60 Magma, meanwhile, is more like Lewis Hamilton: mature and patient but willing to attack in a split second.

That is Emme Hall, after driving the Genesis on a windy mountain test loop. The Hyundai by contrast left her with “a crisp and tight ride, with a bit more of an edge” than its sibling. Both cars wear Pirelli P Zero rubber. The Magma adds 21-inch forged wheels, four-piston monoblock calipers, and 400 mm front brake discs. Genesis puts the stopping distance from 62 mph at 33.8 meters.

Hardware under the Magma is tuned for more than straight-line speed. The Magma version sits 20 mm lower than the standard GV60 and runs an electronic limited-slip rear differential, per the company’s UK release. Those setup changes, plus the 580 lb-ft peak torque, explain how the crossover puts its power down through Pirelli P Zero tires without spinning them up.

Cabin Comparison

The Magma is the nicer place to spend time. Driver and passenger seats in the Genesis come in soft, grippy suede with heating and ventilation. The driver gets 10-way electric adjustment including a cushion extension. The passenger gets 8-way power. The Ioniq 5 N’s seats are more aggressively bolstered and trim in synthetic materials, with 6-way manual adjustment for both driver and passenger. Heating and ventilation are present in both.

The shifters tell the same story. The Ioniq 5 N uses a column-mounted stalk that Hall called awkward. The Genesis uses a rotating crystal sphere on the center console that flips over at startup to reveal the gear selector.

Screens are another sharp gap. The Hyundai links two 12.3-inch displays into a single panel across the dashboard. The Genesis replaces that pair with one 27-inch OLED cockpit that combines the infotainment screen and the gauge cluster in a single pane of glass. Hall’s first impression was that the Genesis interface is “much more streamlined and easier to use” than the Hyundai system, which she said needs time to learn.

Audio favors the Genesis too, with a 17-speaker Bang & Olufsen setup pushing 1,400 watts against the Ioniq 5 N’s 8-speaker Bose system. The steering wheels themselves take different routes. The Ioniq 5 N carries four large buttons on the wheel in addition to the adaptive cruise controls on the center spoke, while Genesis moved some of those buttons to the center stack for what Hall called “a much cleaner looking cockpit.”

Pricing and Where It Lands

This is the bucket where the Ioniq 5 N wins on paper. The Hyundai starts at $67,800 including the $1,600 destination fee, according to the first drive. The manufacturer page for the Ioniq 5 N now lists a starting MSRP of $66,200.

Genesis closed the question for the United Kingdom in late May, putting the GV60 Magma at £75,915 on the road, per the UK pricing release for the GV60 Magma.

The US price, which the first drive said would not be official until mid-July, landed at $103,000 including destination, per the US pricing announcement for the GV60 Magma. Genesis announced that figure on June 1.

Order books for the Magma already open in the UK and Europe. US dealers will receive the crossover before the end of 2026, with North American buyers able to register interest now.

Who Picks Which

On a track or a twisty back road the two crossovers trade tenths rather than whole seconds. The Ioniq is lighter and tighter. The Magma carries more torque, more sound deadening, and a more grown-up cabin. Range sits at 230 miles for the Genesis and 221 for the Hyundai. Top speed runs to 164 mph on the Genesis against 162 on the Hyundai. Price leans much further toward the Hyundai.

Track-day regulars will keep reaching for the Ioniq 5 N, where the manual seats and the harder ride meet the discipline of lapped driving. Buyers who want a 641-hp crossover that doubles as a daily commuter will pay the premium for the Magma’s quieter cabin, the suede seats, and the single glass screen. Both crossovers share the same bones and the same 18-minute DC fast charge. The premium for the Magma is for everything around the battery.

For shoppers weighing both in early July 2026, the calculus depends on timing. The Ioniq 5 N is on lots today with a known price, established dealer support, and three model years of road data behind it. The GV60 Magma is a wait-and-see proposition. The pricing is now public, but the on-road experience for early North American owners will land through the back half of this year.

Frequently Asked Questions

How fast is the 2027 Genesis GV60 Magma?

The GV60 Magma’s two motors produce up to 641 horsepower and 580 pound-feet of torque in Boost mode, which holds for 15 seconds per activation. It reaches 62 mph in 3.4 seconds and tops out at 164 mph. The Hyundai Ioniq 5 N matches the 641 hp peak and the same 3.4-second sprint, with peak torque at 568 pound-feet and top speed at 162 mph.

What is the Genesis GV60 Magma’s range?

Genesis estimates the GV60 Magma at 230 miles of range from its 84 kWh battery. The Hyundai Ioniq 5 N uses the same 84 kWh pack and carries an EPA-rated 221 miles. Both share the same 250 kW fast-charge hardware and a 10.9 kW onboard AC charger.

How much does the GV60 Magma cost?

Genesis priced the GV60 Magma from £75,915 on the road in the United Kingdom on May 28, 2026. The US price landed at $103,000 including destination, with the figure announced on June 1, 2026. The Hyundai Ioniq 5 N sits at $66,200 starting MSRP on Hyundai’s own site, and the first drive put the as-tested price at $67,800 including the $1,600 destination fee.

Is the GV60 Magma just a fancier Hyundai Ioniq 5 N?

The two share the same electric platform and dual-motor layout in top trim. Differences include the Genesis’s suede seats with 10-way driver adjustment, the 27-inch OLED cockpit, the Bang & Olufsen 17-speaker audio, the rotating crystal-sphere gear selector, and a simulated V6 soundtrack cut off at 9,000 rpm. The Magma is the comfort-oriented sibling on shared bones.

When does the GV60 Magma go on sale in the US?

Genesis opened UK order books for the GV60 Magma in late May 2026. The company confirmed in late June 2026 that the crossover reaches US dealers before the end of the calendar year, with North American buyers able to register interest now.

What is the difference between the GV60 Magma and a standard GV60?

The Magma rides 20 mm lower than the stock GV60, carries a wider stance, and adds a redesigned rear bumper plus a larger rear wing. Powertrain upgrades include electric motors that spin past 20,000 rpm. Hardware upgrades include 21-inch forged wheels, four-piston monoblock calipers, and 400 mm front brake discs. The Magma also uses the platform’s 18-minute 10-to-80% fast charge on the shared 84 kWh battery.