SEOUL — Hyundai Motor Co. announced on Thursday that it will launch the GV60 Magma SUV in South Korea next year as part of its efforts to expand high-performance models. The GV60 Magma will be the first model under the Genesis Magma program, which was officially introduced at the Genesis showroom in New York in March.
According to Yonhap News Agency, the South Korean carmaker aims to develop high-performance Magma models for all existing Genesis models, though mass production will take a few years. Hyundai showcased the performance of the GV60 Magma Concept and the G80 Electrified Concept for the first time at the 2024 Goodwood Festival of Speed in Britain. Four Genesis Magma models, including the GV80 Coupe Concept and the G70 Track Taxi Nordschleife, are expected to complete 13 rounds of the motorsport event's iconic Hill Climb course from Thursday to Sunday.
Hyundai did not provide specific timeframes for the launches of other Magma models. The company plans to introduce the GV60 Magma in Europe and other markets following its domestic launch.