Genesis puts price tag on Electrified GV70 in the US
The Electrified GV70 will start at 65,850 dollars in the US, South Korean carmaker Genesis announced. It is the first electric GV70 model and the third electric car from Genesis.
++ This article has been updated. Kindly continue reading below. ++
The Electrified GV70 is also the first model assembled in the US. At the factory in Montgomery, Alabama, to be exact. The Electrified GV70 is said to hit the streets later this year. The electrified GV60 SUV and the Electrified G80 came to market in 2022 – both were assembled in South Korea.
Production of the Electrified GV70 was initially scheduled to start in early 2022 and was then pushed back to December of last year. The brand did not name any reasons why production kick-off is behind schedule.
The Electrified GV70 features two electric drives, each producing 160 kW of power and 350 Nm of torque on the front and rear axles. Genesis puts the system power at 360 kW in boost mode and the combined torque at 700 Nm.
The new EV is also available as a premium version named Electrified GV70 Advanced. It includes the entire suite of available safety and advanced driver assistance systems. It is, therefore, a little pricier, starting at 72,650 dollars.
The vehicle is also available in Europe, with prices starting at 64,405 pounds in the UK. That is about 77.000 dollars and, therefore, much more expensive than in the US. So there, sales tax will be added after the fact, while it is included in the UK price.
According to Genesis, from 2025, all newly launched models will be electric. The entire lineup will consist of EVs only by 2030.
Update 17 March 2023
Electrify America has announced an agreement with Genesis Motor America to offer three years of 30-minute complimentary charging sessions for first owners of their GV70 SUV. Owners of the GV70 can now access the Electrify America mobile app, which allows customers to locate a charger, initiate a charge and track charging sessions. Charging is possible with charging speeds from 150kW to 350kW on Electrify America’s network.
“Through our collaborations with leading automakers such as Genesis, we continue to build trust and help advance the electric vehicle revolution through hyper-fast charging experiences for EV drivers” said Rob Barrosa, vice president technology of Electrify America.
In addition, Genesis Motor America wants to expand electric vehicle sales in the United States. In order to achieve this, the brand’s EV lineup is now available at select retailers in a total of 15 states. The newly added states include Louisiana, Maryland, Massachusetts, Texas, Virginia, and Wisconsin.
Update 24 March 2023
The Electrified GV70 is now for sale in the US. According to the carmaker, the electric vehicle is available “at select retailers” in 15 states: Arizona, California, Colorado, Connecticut, Louisiana, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, Utah, Virginia, Washington, and Wisconsin.
Starting price is the suggested $65,850. However, there is one slight update about the vehicle’s performance. The carmaker previously communicated that the GV70 would have a maximum output of 360 kW in boost mode. In its most recent statement, Genesis says the car features “an all-wheel drive system with individual motors for front and rear wheels, generating a maximum output of 320kW / 429HP.”
genesisnewsusa.com, electrifyamerica.com, genesisnewsusa.com (both update I), prnewswire.com (update II)
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Why so expensive? So many car companies are coming out with ev cars this year and they are just as luxurious for 1/2 the price
What’s the range of the new model for both versions?