The premium electric vehicle market in Australia has just received a significant shake-up. After a brief hiatus, the Genesis GV60 has returned for the 2027 model year with a comprehensive mid-life facelift. Sporting a larger battery, longer range, superior suspension tuning, and a massive $15,084 price reduction, the updated GV60 is now one of the most compelling luxury electric SUVs available today.
By dropping the entry price to $88,300 before on-road costs, Genesis has strategically positioned the GV60 Advanced beneath the Luxury Car Tax (LCT) threshold. This crucial pricing update makes the GV60 fully exempt from Fringe Benefits Tax (FBT), transforming it into an incredibly attractive option for buyers considering a novated lease.
2027 Genesis GV60 Australian Pricing
The 2027 Genesis GV60 lineup launches with a single, highly specified Advanced variant, with the high-performance Magma edition scheduled to arrive later in 2026. The new pricing structure represents a massive $15,084 reduction compared to the outgoing entry-level model, making the GV60 far more competitive against rivals like the Zeekr 7X and the Audi Q4 e-tron.
| Variant | Price (before on-road costs) | Drive |
|---|---|---|
| GV60 Advanced | $88,300 | Rear-wheel drive |
| GV60 Magma | TBA | All-wheel drive |
This aggressive new pricing strategy means the GV60 now qualifies for the FBT exemption for electric vehicles, which applies to cars priced below the LCT threshold. For eligible employees, this makes the GV60 one of the most tax-effective luxury EVs on the Australian market.
Battery, Range and Charging Architecture
Under the skin, the 2027 Genesis GV60 benefits from Hyundai Motor Group’s fourth-generation battery technology. The previous 77.4kWh pack has been replaced by a larger 84kWh battery. Despite the increase in capacity, the GV60 retains its cutting-edge 800-volt electrical architecture, allowing it to charge from 10 to 80 per cent in just 18 minutes when connected to an ultra-rapid DC charger.
The shift from a dual-motor AWD setup to a single-motor rear-wheel-drive configuration for the Advanced model, combined with the larger battery, has dramatically improved the vehicle’s touring capability. The GV60 Advanced now boasts an impressive WLTP range of 561 kilometres, a significant upgrade that makes long-distance travel across the Australian EV charging network entirely effortless.
Performance and Driving Dynamics
The GV60 Advanced is powered by a rear-mounted electric motor producing 168kW of power and 350Nm of torque. While it may lack the ferocious acceleration of the outgoing AWD model, it still delivers a smooth and entirely adequate 0-100km/h sprint time of 7.8 seconds, with a top speed of 185km/h.
Where the 2027 model truly excels is in its refinement. Genesis has implemented a complete suspension retune, upgraded the steering gear for better response, and added extensive sound isolation materials throughout the cabin, including the windscreen, rear seats, and boot. The result is a remarkably quiet and delightfully comfortable electric vehicle that prioritises luxury touring over outright dynamic prowess.
A Class-Leading Interior
Inside, the GV60 Advanced justifies its premium price tag with an interior that is tactile, expensive, and beautifully crafted. The standout feature of the MY27 update is the new dashboard layout, which is centred around a massive 27-inch OLED display that seamlessly blends the driver’s instrument cluster with the infotainment touchscreen.
Despite the huge screen, Genesis has wisely retained a healthy array of physical buttons for climate and media controls, ensuring the cabin remains highly functional. The novel crystal sphere gear selector remains on the floating centre console, adding a touch of theatrical flair every time the vehicle is powered on.
The standard interior is finished in Obsidian Black, but buyers can opt for a stunning Glacier White and Ash Grey two-tone treatment at no extra cost. Both electric front bucket seats offer excellent comfort with 12-way driver and eight-way passenger adjustment, complete with heating and ventilation functions.
Is the 2027 Genesis GV60 the Best Luxury EV Buy?
The re-priced, re-tuned, and restyled 2027 Genesis GV60 Advanced represents a monumental shift for the brand in Australia. By dropping the price below the LCT threshold while simultaneously improving range, ride comfort, and interior technology, Genesis has created a truly compelling alternative to the traditional German luxury marques.
Backed by a five-year complimentary servicing package that includes vehicle collection and a loan car delivered to your door, the GV60 ownership experience is designed to be as effortless as the car is to drive. If you are curious about living with a premium electric vehicle, booking an EV rental through evee is the perfect way to experience the electric lifestyle before committing to a purchase.
