Genesis GV60 MagmaGenesisGenesis has announced pricing for the all-electric GV60 Magma, the first high-performance model from the luxury automaker and the opening move in what is expected to become a broader performance-focused expansion.Priced from $103,000 (£74,915), the GV60 Magma builds on the existing GV60 crossover but pushes further into sports EV territory with significantly more oomph, chassis revisions, and bespoke design changes.Order books have not yet opened, though Genesis says prospective buyers can already register interest through online channels and retailers.AdvertisementAdvertisementThe GV60 Magma has two motors capable of spinning past 20,000 rpm, delivering up to 650 bhp and 790 Nm. 0-62 mph arrives in 3.4 seconds while reaching a top speed of 164 mph.Genesis GV60 MagmaGenesisLikewise, the Magma is powered by an 84kWh battery, and although Genesis hasn’t confirmed the range, we expect it to be around 250 miles, based on Hyundai Motor Group’s latest performance offerings. That said, Genesis has confirmed that the Magma will charge from 10 to 80 percent in about 18 minutes.The hardware extends beyond the powertrain. Compared with the standard GV60, the Magma sits 20mm lower. It adopts a wider stance, alongside revised aero that includes a redesigned rear bumper and larger rear wing intended to improve stability at higher speeds.Underneath, the crossover rides on 21-inch forged wheels wrapped in Pirelli rubber and uses four-piston monoblock brake calipers with 400mm front brake discs. Genesis claims a stopping distance of 33.8m at 62 mph.Genesis GV60 MagmaGenesisInside, the Genesis GV60 Magma gets a more driver-focused cabin, highlighted by electronically adjustable bucket seats trimmed in artificial suede and dedicated Magma-specific details throughout. Buyers can choose between orange or white contrast stitching, while aluminum accents replace some of the more conventional trim finishes found elsewhere in the lineup.AdvertisementAdvertisementA dedicated Magma steering wheel adds shortcut access to various driver settings, including Sprint and GT modes.Like many performance EVs attempting to address the absence of combustion-engine noise, Genesis has also developed a bespoke electric Active Sound Design system to create a soundtrack that emulates an ICE vehicle.Like other Genesis products, technology remains a large part of the brand’s package. The GV60 Magma is no different, with a 27-inch cockpit display that combines infotainment and driver information into a single glass pane.This article was originally published on Forbes.com