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2023 Genesis Electrified GV70
#4 Best Luxury Electric SUVs of 2023

Used 2023 Genesis Electrified GV70

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2025
2023
EV Range
236 miles
Charge Time (240V)
7.9 hours
MPGe
91 combined mpge
Horsepower
429 hp
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Calculate Your Annual Fuel Cost Savings

Electric ($0.16/kWh)
vs
Gas ($3.45/gal)
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Fuel Savings
$766
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 91MPGe vs 25.4 MPG, the estimated cost per gallon of gasoline of $3.45, and the estimated cost of electricity per kilowatt-hour of $0.16.

2023 Genesis Electrified GV70 Review

Colin Ryan

By Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Attractive styling
  • Gorgeous interior
  • Excellent features

Cons

  • Unremarkable range

What's New?

  • This is an all-new GV70 variant

That gasoline-powered GV70 is a Kelley Blue Book Best Buy, so this new Electrified GV70 builds on a well-respected platform.

It’s the third electric vehicle (EV) to come from Genesis, whose ambition is to be fully electric by 2030. The company says this model has fewer parts and greater rigidity than the combustion-only GV70. And it’s the first Genesis to be built in the United States.

Sales of Genesis electric vehicles are expanding all the time, with availability stretching past the usual coastal states to places like Colorado, Texas, and Louisiana. Several dedicated Genesis dealerships are also springing up, so buyers can enjoy a more upscale experience rather than just head for a particular corner of a Hyundai showroom.

2023 Genesis Electrified GV70 Pricing

2023 Genesis Electrified GV70 pricing starts at $39,212 for the Electrified GV70 Advanced Sport Utility 4D, which had a starting MSRP of $66,975 when new. The range-topping 2023 Electrified GV70 Advanced Sport Utility 4D starts at $39,212 today, originally priced from $66,975.

Original MSRP
KBB Fair Purchase Price (national avg.)
$66,975
$39,212

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Genesis Electrified GV70 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Genesis Electrified GV70

Push the Drive Mode button to engage the Sport setting and not only is there a sharpening of responses to the steering and accelerator pedal, the power-adjustable driver’s seat adjusts its bolstering automatically. It holds the driver more firmly in place, in anticipation of some spirited cornering.

Which the 2023 Electrified GV70 can do perfectly well. It’s no low-slung sport machine, but a standard adaptive suspension — that also reads the road ahead to provide the optimum settings from moment to moment — achieves a wonderful balance of comfort and control, favoring comfort by the right amount.

There’s a button in the lower arc of the steering wheel marked Boost. Pressing it pushes output from 429 to 483 horsepower for 10-second bursts (assuming there’s sufficient energy in the battery). Even without it, the Electrified GV70 has plenty of power, which drives all four wheels for maximum traction.

The I-pedal function means one-pedal driving, a speciality with EVs. Click up the left shift paddle beneath the steering wheel to activate, then speed up, slow down, or even come to a complete stop just by varying the amount of pressure on the accelerator pedal. Just hit the brakes if a more forceful stop is necessary.

We’ve spent hundreds of hours driving and researching the current collection of luxury electric SUVs, including this Genesis Electrified GV70.

Classy Interior

From the raised driving position, outward vision is fine. And it’s enhanced with standard blind-spot monitoring. The cabin of the Electrified GV70 is also suitably quiet for a luxury compact SUV, adorned with pleasant materials and exhibiting class-appropriate build quality.

Although this isn’t the most affordable contender in its class, the level of standard equipment is high, including features such as heated/ventilated front seats and a panoramic sunroof. Once some rivals are optioned up to the same point, they would be in a similar price bracket or higher. The top Prestige trim enjoys extra-soft Nappa leather upholstery, heated rear seats, and manual shades for the rear side windows.

Electrification of the GV70 has taken a bite out of rear legroom. The combustion model has 37.2 inches; this one has 36.6. It can get a little tight back there if tall people are seated up front. There’s a similar reduction in cargo space as well.

Spot the Difference

Only a few details distinguish the 2023 Electrified GV70 from its gasoline-powered stablemate. No exhaust pipes, obviously. And the grille is kind of inverted, so the diagonal lines of the mesh are sunken, rather than the diamond shapes between them. Hidden in this grille is a front-mounted charge port, which makes it more convenient than locating it just on one side.

Our Favorite Features And Tech

14.5-inch infotainment touchscreen
Both trims of the 2023 Electrified GV70 range have this generously sized touchscreen with super-crisp graphics and an intuitive operation. The system also includes Apple CarPlay/Android Auto integration, navigation, and wireless phone charging.

Ergo Motion driver’s seat
After a time spent “in the saddle,” this standard feature will massage the lower back automatically.

Remote Smart Parking
This standard feature allows drivers to ease the Electrified GV70 into or out of a parking space while standing outside and using buttons on the key fob.

V2L
A standard vehicle-to-load (V2L) function means that the Electrified GV70 can step in to power a refrigerator during a power outage, for instance.

Digital instrument cluster
A 12.3-inch driver information display and a head-up display are both standard in the higher Prestige trim.

Lexicon surround-sound system
Lexicon makes highly respected equipment found in most top-flight recording studios. This 15-speaker/1,050-watt system should delight the most persnickety of audiophiles and is one excellent reason to stretch to the Prestige trim.

Engine & Transmission

All-wheel drive is standard in both versions of the 2023 Electrified GV70 SUV. But it’s not the old-school arrangement of driveshafts and locking differentials. Instead, each axle is turned by an electric motor.

Their combined output adds up to a robust 429 horsepower and 516 lb-ft of torque. Hit the Boost button in the steering wheel and the system conjures up 483 horsepower for a period of 10 seconds.

Dual electric motors
429 combined horsepower (483 w/Boost mode)
516 lb-ft of combined torque
EPA city/highway fuel economy: 98/83 MPGe
EPA-estimated range: 236 miles

5-Year/60,000-Mile Warranty

The new-vehicle warranty from Genesis lasts for five years or 60,000 miles, whichever happens first. The powertrain and battery are both covered for 10 years or 100,000 miles. These terms are some of the best in the automotive industry.

 


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New Genesis Electrified GV70 Deals and Incentives

APR

5.49% APR | 60 months

Get 5.49% for 60 months on a new 2025 Electrified Gv70 ELECTRIFIED AWD for well qualified buyers.

See more details

End Date: 04/30/2025
LEASE

$579 /mo | 36 months | Due at Signing

Closed end lease for a new 2025 ELECTRIFIED GV70 AWD AUTOMATIC TRANSMISSION for $579 per month for 36 months with $5,999 due at signing to well-qualified lessees.

See more details

End Date: 04/30/2025
See All Current Electrified GV70 Deals

2023 Genesis Electrified GV70
KBB.com Consumer Reviews

5.0
Consumer Rating
Based on 1 Consumer Review
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100%Recommend this vehicle
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Value
5.0
Performance
5.0
Quality
5.0
Comfort
5.0
Reliability
5.0
Styling
5.0

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2023 Genesis Electrified GV70 Style

Style
Price
EV Range
Charge Time
Combined MPGe
Horsepower
Cargo Capacity
Curb Weight
Towing Capacity
Advanced Sport Utility 4D
$39,212
236 - 236 miles
7.9 hours
236 - 236 MPGe
429 hp
28.7 cu ft
4982 lbs
3500 lbs
See Full Specs for All 2023 Genesis Electrified GV70 Styles
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2023 Genesis Electrified GV70 Depreciation

A 2023 Genesis Electrified GV70 has depreciated $30,376 or 45% in the last 2 years and has a current resale value of $36,599 and trade-in value of $33,464.

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2023 Genesis Electrified GV70
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2023 Genesis Electrified GV70 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$66,975
$66,975
2024
$14,809
$52,166
$49,086
Now
$15,567
$36,599
$33,464
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 Genesis Electrified GV70 Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4982 lbs.
EPA Passenger
102.8 cu.ft.
Front Head Room
38.6 inches
Front Leg Room
41.4 inches
Max Seating Capacity
5
Minimum Ground Clearance
6.9 inches
Overall Length
185.6 inches
Front Shoulder Room
59.1 inches
Towing Capacity, Maximum
3500 lbs.
Trunk or Cargo Capacity
28.7 cu.ft.
Turning Diameter
37.8 feet
Wheel Base
113.2 inches

Exterior

Alloy Wheels
Available
Number of Doors
4 doors
Power Folding Exterior Mirrors
Available
Privacy Glass
Available
Roof Rails
Available
LED Headlights
Available

Fuel Economy

City
98 MPGe
Combined
91 MPGe
Highway
83 MPGe

Mechanical

Drivetrain
AWD
1 speed
Available
Hill Start Assist
Available
Parking Assist System
Available

Performance

Horsepower
429 hp
Torque
516 foot pounds
Engine
Dual AC Electric Motors
Estimated Electric Range
236 miles
Charge Time (240V)
7.9 hours
Battery Capacity
N/A

Warranty

Basic
5 years / 60000 miles
Powertrain
10 years / 100000 miles
Corrosion
7 years / Unlimited miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release
  • Climate Control Air Conditioning
  • Heated Steering Wheel
  • Integrated Garage Door Opener
  • Interior Ambient Lighting

Entertainment

  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt/Telescoping Steering Wheel

Seating

  • Leather Seats
  • Folding Rear Seat
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Smartphone Interface
  • USB Port
  • Voice Recognition System

2023 Genesis Electrified GV70 Safety

2023 Genesis Electrified GV70 Safety Technology

Forward Collision Avoidance Assist

Every new Electrified GV70 has a comprehensive array of driver assistance features. This includes forward collision warning with automatic emergency braking, plus junction turning assistance.

Blind-Spot Collision Avoidance Assist

Blind-spot monitoring warns drivers of vehicles in adjacent lanes, while rear cross-traffic alert helps when reversing out of a parking space. These are also standard in the 2023 Electrified GV70 luxury SUV.

Highway Driving Assist II

The latest iteration of Highway Driving Assist is also standard in the 2023 Electrified GV70 SUV. It provides steering assistance to keep the vehicle centered in its lane, but is now intelligent enough to edge over a little if someone in the next lane gets too close.

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See Details
Price
$39,212
$35,055
$30,225
$35,502
KBB.com Rating
4.4
4.5
4.5
4.4
Consumer Rating
5.0
3.7
4.0
4.0
Fuel Economy
City 98/Hwy 83/Comb 91 MPGe
City 97/Hwy 87/Comb 93 MPGe
City 94/Hwy 80/Comb 87 MPGe
City 97/Hwy 82/Comb 89 MPGe
Fuel Type
ElectricLeafIcon
N/A
N/A
N/A
Estimated EV Range
236 miles
236 miles
226 miles
312 miles
Seating Capacity5555
Basic Warranty
5 years or 60000 miles
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
0-60
N/A
5.8 seconds
4.7 seconds
N/A
Horsepower
429 HP
295 HP
402 HP
340 HP
Engine
Dual AC Electric Motors
Dual AC Electric Motors
Dual Electric Motors
Electric Motor
Drivetrain
AWD
AWD
AWD
RWD

2023 Genesis Electrified GV70 Rankings

More Genesis Electrified GV70 News & Information

General
Genesis EVs Now Available in 10 More States

Genesis, the luxury marque of Hyundai, has a small lineup of three electric cars that have been well-received by car…

Sean Tucker October 12, 2023
Electric Vehicle
Genesis Expands Electric Car Sales to 15 States

Louisiana, get in here. Maryland, come on in. Massachusetts, here’s your seat. Texas, Virginia, and Wisconsin — you three, too.…

Sean Tucker March 17, 2023

FAQs

How long does it take to charge a 2023 Genesis Electrified GV70?

With the right public fast charger, the Electrified GV70 can go from 10% to 80% charge level in less than 20 minutes.

When will the 2023 Genesis Electrified GV70 go on sale?

The Electrified GV70 is on sale now.

How much will the 2023 Genesis Electrified GV70 cost?

The 2023 Genesis Electrified GV70 starts at a manufacturer’s suggested retail price of $65,850. The range-topping GV70 Prestige AWD kicks off at $72,650.

Is the 2023 Genesis Electrified GV70 a good vehicle?

Yes, the 2023 Genesis Electrified GV70 is a good car, as reflected by its above-average Kelley Blue Book rating of 4.4 out of 5.

How much should a 2023 Genesis Electrified GV70 cost?

Used 2023 Genesis Electrified GV70 prices currently range from $39,212 for the Advanced Sport Utility 4D to $39,212 for the Advanced Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Genesis Electrified GV70?

The cheapest 2023 Genesis Electrified GV70 is the Advanced Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $39,212.

Is the 2023 Genesis Electrified GV70 reliable?

The 2023 Genesis Electrified GV70 is part of the 1st-generation Electrified GV70, which our owners give an above-average reliability rating of 5 out of 5.

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