Inovev forecasts 50,000 units per year of the new Genesis GV60

The Genesis brand, a premium subsidiary of Hyundai-Kia group, like Lexus for Toyota or Infiniti for Nissan, presented the fifth model in its range, after the G70, GV70, G80, GV80 and G90. The GV60 (C-segment) is located below the GV70 (D-segment) and GV80 (E-segment). It is therefore an SUV in the terminology of the carmaker.


The sedans are named G70 (D segment), G80 (E segment) and G90 (F segment). What is missing today is a C-segment sedan that could be called G60 and be in the same segment as the Lexus CT.


Unlike the brand's other models, the Genesis GV60 SUV is powered by an electric motor. This is Genesis’s first all-electric model and arguably not the last. It is based on the E-GMP platform used in particular by the recent Hyundai Ioniq 5 and Kia EV6, and which will be used on all future 100% electric models of the Korean group. The GV60's battery is expected to provide between 450 km and 500 km of range according to the WLTP cycle.


But the aesthetics of the Genesis GV60 stand out sharply from that of its cousins Hyundai and Kia, as if the group that owns the three brands wanted to give each of them a specific style.


The Genesis GV60 will be produced in South Korea alongside the GV70 and GV80 at the Asan site. Inovev expects 50,000 annual sales of this model which will be in a way the premium version of the Hyundai Ioniq 5 and Kia EV6. Sales forecasts for the Ioniq 5 and EV6 had been set by Inovev at 75,000 units per year for each of these two models. 



    
 

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