Hyundai Motor Co. unveiled the first model of its new high-performance sub-brand Genesis – the electric GV60 Magma – to boost the company's profitability. This was reported by Bloomberg, writes UNN.
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The car, with up to 650 hp, accelerates to 100 km/h in 3.4 seconds and will be positioned above the existing GV60 Performance trim, which starts at $71,875 in the US. Hyundai CEO Jose Munoz noted: "North America will continue to be a pillar of growth."
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Sales of the new electric car will start in South Korea early next year, followed by Europe and North America. The model is equipped with premium features such as a head-up display and a "drift mode," and uses mass-produced model platforms, allowing the company to reduce costs and increase margins.
Part. The new BMW iX3 electric crossover traveled over 1000 km without recharging