2023 Genesis Electrified GV70: 236 Miles Of EPA Range At A GV60 Price

The MSRP starts at $65,850, but it's expected to be eligible for the $7,500 federal tax credit.

Genesis Electrified GV70

Mark Kane

By: Mark Kane

Feb 28, 2023 at 8:55am ET

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The 2023 Genesis Electrified GV70 is one of the latest all-electric cars available in the United States, which might become also the most popular electric Genesis.

The car recently entered production at Hyundai's plant in Montgomery, Alabama and is expected to enter the market in the next few months. Local production is crucial for the Genesis Electrified GV70 as it opens the way to the $7,500 federal tax credit (we are waiting for official confirmation about that from the IRS, which lists all eligible models on its website).

In terms of specs, the Genesis Electrified GV70 is an electric version of the GV70, but it utilizes a lot of components from the Hyundai Motor Group's E-GMP platform - including a 77.4-kilowatt-hour (kWh) battery and a dual-motor, all-wheel drive powertrain (2x 160 kW for a total of 320 kW / 360 kW in boost mode).

The model has not appeared on the EPA website yet, but according to Genesis, its EPA combined range will amount to 236 miles (380 km). That's a result comparable (slightly lower) to the E-GMP-based Genesis GV60.

2023 Genesis Electrified GV70 Advanced AWD 20-inch (expected)

2023 Genesis Electrified GV70 Advanced AWD 20-inch :: EPA Range rating by InsideEVs
[according to Genesis] Combined
City
Highway 236 miles (380 km)
N/A
N/A EPA Energy consumption (including charging losses): Combined
City
Highway 91 MPGe: 370 Wh/mi (230 Wh/km)
98 MPGe: 344 Wh/mi (214 Wh/km)
83 MPGe: 406 Wh/mi (252 Wh/km)

In terms of energy consumption, Genesis' website says that in the EPA combined test cycle, the Genesis Electrified GV70 requires 91 MPGe: 370 watt-hours per mile (Wh/mi) or 230 Wh/km.

As always, a strong point of the South Korean manufacturer is that its new battery packs are capable of recharging very quickly. According to the specs, fast charging from 10 to 80 percent of state-of-charge (SOC) might take just 18 minutes.

Prices

The price of the Genesis Electrified GV70 starts at $65,850 before the destination charge, which is unknown at the moment. Assuming $1,125 (the same as in the case of GV70 and GV60), the cost would be $66,975.

However, if we include the $7,500 federal tax credit (if it will be confirmed), then we are talking about an effective starting price of $59,475.

That's very interesting because the Genesis Electrified GV70 would be effectively priced at a similar level as the GV60, which is not eligible for the incentive and starts at $60,415. Sounds like a small internal competition within the brand.

Model Base Price Dest. Charge Tax Credit Effective Price 2023 Genesis Electrified GV70 Advanced AWD 20-inch $65,850 +$1,125* $7,500 $59,475

Basic specs

Model Drive Battery
(kWh) EPA
Range 2023 Genesis Electrified GV70 Advanced AWD 20-inch AWD 77.4 236 mi*
(380 km)

* estimated/unofficial values

2023 Electrified GV70 Pricing & Packaging Summary

Electrified GV70 Advanced AWD
MSRP: $65,850

Standard Features:

160 kW Front + 160 kW Rear Electric Motors
77.4 kWh Battery
Electronically Controlled Suspension w/ Road Preview
20-inch Alloy Wheels
Panoramic Sunroof
Power Hands-Free Smart Liftgate w/ Auto Open
Power Folding ECM Mirrors w/ Genesis Logo
Leather Seating Surfaces
Aluminum Trim
Power Front Seats with 4-Way Power Lumbar
Driver’s Seat with Power Cushion Extension, Power Bolster, and Ergo Motion
Heated & Ventilated Front Seats
Premium Navigation System w/ 14.5” HD Screen
8” Digital Cluster + Analog Gauges
AM/FM/SiriusXM Radio®/HD Radio®
Apple CarPlay™ and Android Auto™
Genesis Digital Key
Wireless Device Charger
Fingerprint Authentication System
Genesis Connected Services
Vehicle-to-Load Charging
Forward Collision-Avoidance Assist
Lane Keeping Assist
Lane Following Assist
Blind-Spot Collision Avoidance-Assist
Blind-Spot View Monitor
Rear Cross-Traffic Collision Avoidance-Assist
Highway Driving Assist
Smart Cruise Control w/ Stop & Go
Intelligent Speed Limit Assist
Driver Attention Warning
High Beam Assist
Surround View Monitor
Parking Distance Warning
Parking Collision-Avoidance Assist – Reverse
Remote Smart Parking Assist
Safe Exit Assist
Advanced Rear Occupant Alert

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Electrified GV70 Prestige AWD
MSRP: $72,650

(In addition to or in place of Standard Equipment)

Nappa Leather Seating Surfaces
Leatherette Wrapped Upper Instrument Panel
Microfiber Suede Headliner
12.3-inch 3D Digital Instrument Cluster
Head-Up Display
Lexicon® Premium Audio
Active Noise Control – Road
Heated 2nd Row Seats
Heated Steering Wheel
Manual Rear Door Shades