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2023 Genesis GV60
#1 Best Luxury Electric SUVs of 2023

Used 2023 Genesis GV60

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2025
2023
EV Range
235 - 248 miles
Charge Time (240V)
6.5 - 7 hours
MPGe
90 - 95 combined mpge
Horsepower
314 - 429 hp
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Calculate Your Annual Fuel Cost Savings

Electric ($0.16/kWh)
vs
Gas ($3.45/gal)
Edit
Fuel Savings
$734
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 86MPGe 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 GV60 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

  • Generous standard equipment
  • All-wheel drive included
  • Maximum range of 248 miles
  • Performance version’s boost function
  • Powertrain and battery warranties of 10 years/100,000 miles

Cons

  • A bit of a learning curve with the technology

What's New?

  • The Genesis GV60 is all-new for 2023
  • It’s the first all-electric SUV from Genesis
  • Also the first Genesis made in the United States

Like every other Genesis, the 2023 Genesis GV60 comes with lots of standard equipment, including several features that would be optional in rivals — like a head-up display, a Bang & Olufsen audio system, and every major driver-assistance feature.

This new GV60 comes in Advanced AWD and Performance AWD variants, with AWD signifying all-wheel drive as standard. Maximum range is 248 miles.

This is also going to be the first Genesis to be built in the United States at Hyundai’s plant in Montgomery, Alabama. The new GV60 shares a dedicated electric vehicle (EV) platform with the Hyundai Ioniq 5 and Kia EV6. But the differences that make this a special Genesis model include several high-tech features, the aforementioned generous equipment inventory, and a lot of design flair.

2023 Genesis GV60 Pricing

2023 Genesis GV60 pricing starts at $33,978 for the GV60 Advanced Sport Utility 4D, which had a starting MSRP of $60,415 when new. The range-topping 2023 GV60 Performance Sport Utility 4D starts at $34,559 today, originally priced from $69,415.

Original MSRP
KBB Fair Purchase Price (national avg.)
$60,415
$33,978
$69,415
$34,559

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 GV60 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Genesis GV60

Acceleration is phenomenal. Grip is phenomenal. The steering feels quick and precise, with a pleasant weight to it, even if it’s not particularly informative. But let’s back up a bit.

Finding the ideal driving position in the 2023 GV60 might take some time and several tweaks, despite 14-way power adjustability for the seat. The extendable under-thigh support is a welcome inclusion, however. The Performance model’s front seats also have a lumbar massaging function that comes on automatically after an hour.

With the audio system turned off, the whine of the motors and general road noise become more noticeable. Better to turn the stereo on and enjoy the active noise cancellation. It is a Bang & Olufsen setup, after all.

An adaptive suspension is fitted to the Performance AWD model. In the Comfort setting on a really rough road surface, there’s a tendency for the car to pitch, with the front end going up and down. Many drivers will find Sport mode preferable in virtually every situation. And the Performance model’s 21-inch alloy wheels don’t have an adverse effect on ride quality.

Overall, the new GV60 SUV feels composed and eminently controllable. Especially when the brake regeneration starts slowing the vehicle — a benefit taken to its logical conclusion with the i-Pedal mode.

The highest degree of brake regeneration comes in eagerly and can bring the vehicle to a stop if the driver stays off the throttle. The benefits aren’t just maximizing range along with immediate thrust and retardation in frenetic city driving. It can also be useful when blasting along a canyon road with one tricky corner after another.

And blasting is well within the GV60’s capabilities. The Performance AWD model has the most horsepower, but its Advanced AWD stablemate has the same amount of torque (a meaty 446 lb-ft), so it’s hardly going to be left in the dust. Well, not most of the time.

The horsepower advantage in the Performance AWD model is enhanced by an electronic limited-slip differential (E-LSD) at the rear and a boost function. The E-LSD allows drivers to get on the power early when exiting a corner, providing traction for the run to the next curve. Boost mode brings a 10-second jump from 429 horsepower to 483, with torque increased to 516 lb-ft. Accelerate along a straight, hit the Boost button on the steering wheel, and the GV60 becomes cartoonishly fast.

It takes a lot of pushing to get the tires squealing. When that happens, it’s the fronts that fall progressively into giving up their grip. That’s the safest option, so criticism would be churlish. But it seems like the GV60 only condones enthusiastic driving up to a point. It has the ability to manage beyond that point, yet then it feels like it’s containing the driver’s efforts rather than encouraging them.

Interior Comfort

Genesis calls it a Crystal Sphere gearshift, but if this crystal ball provides a vision into the future of the company’s interiors, then things are going to be interesting. The shifter is in a “floating” center console.

This intriguing piece of tech is complemented by what is becoming an increasingly common dashboard feature, the single-unit housing two screens, both of beautifully high resolution in this new GV60 SUV. There’s a 12.3-inch display for driver information and a 12.3-inch touchscreen for the infotainment system. We’re not crazy about the way the rectangular instrument cluster has its top corners obscured by the round steering wheel, but all the crucial information is visible.

The main color schemes are black or white/gray, although Performance trim also offers a navy blue option with yellow stitching, the same yellow as the Boost button on the steering wheel. The simulated leather includes polymers extracted from corn, and some fabrics use recycled plastics and nylon yarn. Another interesting touch is that the glove compartment is more like a drawer.

The front seats can recline to a well-judged position for drivers to grab a little rest and relaxation while the GV60 is charging.

Shorter than the Tesla Model Y and Audi Q4 e-tron, the new GV60 electric luxury SUV still manages to incorporate a relatively long wheelbase (the distance between the front and rear axles) for a decent amount of occupant space for what is really a compact vehicle.

Rear legroom is a respectable 37.6 inches. The main issue here is that if the driver’s seat is set low, it’s hard for passengers behind to slip their toes underneath. Cargo space behind the 60/40 split/folding rear seats measures 29 cubic feet. This increases to 57 cubic feet when those seats are both down.

Just under the rear seats is a power outlet — the Vehicle to Load feature — where users can charge laptops, run sound systems or even charge another electric vehicle. You can also access battery power from the external charging socket.

Exterior Styling

The long wheelbase and short overhangs give the GV60 electric SUV a pleasing profile. Genesis has also created arguably cool designs for the alloy wheels. Advanced trim has 20-inch wheels, and 21-inch alloys are fitted to the Performance model.

The chrome window surround (not too shiny) kinks into a V (for volt) at the rear pillars. Unusually, this surround also goes across the top of the windshield. Double headlights are echoed at the rear by dual taillights.

More of an SUV body style than anything else, the 2023 GV60 sticks with the contemporary trend of having a sloping roof. This compromises headroom a bit, but avoids the typical SUV boxiness. It drops down to a fixed rear spoiler.

There’s a choice of 10 exterior colors, three of which are white. The more remarkable hues are Atacama Copper, Sao Paulo Lime, and Hanauma Mint (a green for people who don’t usually like green).

Favorite Features

CRYSTAL SPHERE GEARSHIFT
This is original. When the new GV60 is at rest, systems off, the rotary gearshift is a glass dome with the same kind of fractal diamond pattern as the new Genesis badge on the hood. Turn the systems on, and the glass part rotates into the center console — like a high-tech beach ball in a swimming pool — to reveal something that looks more recognizable as a shift control.

FACIAL RECOGNITION
Just like some smartphones recognize their owners’ faces for functions like unlocking, the 2023 GV60 does the same thing. It’s the first production car ever to include this feature. There’s also a fingerprint reader inside to activate all the various systems.

DIGITAL KEY
Standard in the Performance AWD model, this gives several users access to a 2023 GV60 through their smartphone or smartwatch. No keys required, unless there’s going to be some remote-controlled parking going on. It even works when the phone’s battery is low.

Standard Features

Starting with Advanced AWD trim, the 2023 GV60 compact electric luxury SUV has LED headlights/daytime running lights/taillights, rain-sensing wipers, self-dimming mirrors (inside and out), and a fixed glass roof with powered shade. For pure comfort and convenience, you get leather seating surfaces, heated/ventilated front seats, 14-way power-adjustable driver’s seat/12-way front passenger seat (both with memory settings), dual-zone automatic climatic control, heated steering wheel, and hands-free tailgate operation.

Safety systems include forward collision warning with automatic emergency braking, blind-spot monitoring with rear cross-traffic alert, head-up display, front/rear parking sensors, navigation-based adaptive cruise control, 360-degree camera system (with image capture), and a remote parking function.

The infotainment system brings Apple CarPlay/Android Auto smartphone integration, Amazon Alexa/Google Assistant compatibility, two USB-C ports up front, two USB-C ports for the rear passengers, wireless charging, satellite radio, over-the-air updates, user profiles saved to the cloud, 17-speaker/1,400-watt Bang & Olufsen audio system, and a 12.3-inch touchscreen.

Factory Options

The Performance AWD version has more horsepower, the boost function, electronic limited-slip rear differential, adaptive suspension, Nappa leather seating surfaces, heated rear seats, and the Digital Key feature.

Battery Power, Charge Times, and Range

The Advanced AWD version of the 2023 GV60 luxury SUV has a 99-horsepower electric motor driving the front wheels and a 215-horsepower motor turning the rears. Combined torque is 446 lb-ft.

The Performance AWD model has the same amount of torque, but with the bigger motor at both ends. A boost function pushes output to 483 horsepower and 516 lb-ft of torque for 10 seconds.

A lithium-ion polymer battery provides the spark for both versions. Hooked up to an 800-volt/250-kilowatt DC ultra-fast charger, this battery goes from 10% to 80% in 18 minutes. A 400-volt supply does the same job in 73 minutes. Or a home charging setup fed by 240 volts takes energy levels from 10% to 100% in seven hours or so. For a quick top-up, the 800-volt method can provide 64 miles of range in five minutes.

Maximum range is achieved by the Advanced AWD variant: 248 miles. But 235 miles from the Performance AWD model is still completely respectable. Both models can tow up to 2,000 pounds.

The Environmental Protection Agency (EPA) has a method for calculating energy consumption that works out to a miles-per-gallon equivalent (MPGe).

Dual electric motors (Advanced AWD)
314 total horsepower
446 lb-ft total torque
EPA city/highway fuel economy: 103/86 MPGe
EPA-estimated range: 248 miles

Dual electric motors (Performance AWD)
429 total horsepower (483 horsepower in Boost mode)
446 lb-ft total torque (516 lb-ft of torque in Boost mode)
EPA city/highway fuel economy: 97/82 MPGe
EPA-estimated range: 235 miles


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New Genesis GV60 Deals and Incentives

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End Date: 04/30/2025
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2023 Genesis GV60
KBB.com Consumer Reviews

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Consumer Rating
Based on 1 Consumer Review
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2023 Genesis GV60 Styles

Style
Price
EV Range
Charge Time
Combined MPGe
Horsepower
Cargo Capacity
Curb Weight
Towing Capacity
Advanced Sport Utility 4D
$33,978
235 - 248 miles
7 hours
235 - 248 MPGe
314 hp
54.7 cu ft
4769 lbs
2000 lbs
Performance Sport Utility 4D
$34,559
235 - 248 miles
6.5 hours
235 - 248 MPGe
429 hp
54.7 cu ft
4890 lbs
2000 lbs
See Full Specs for All 2023 Genesis GV60 Styles
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2023 Genesis GV60 Depreciation

A 2023 Genesis GV60 has depreciated $28,924 or 47% in the last 2 years and has a current resale value of $31,491 and trade-in value of $27,970.

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2023 Genesis GV60
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2023 Genesis GV60 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$60,415
$60,415
2024
$19,426
$40,989
$37,480
Now
$9,498
$31,491
$27,970
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2-Year Forecasted Depreciation

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

2023 Genesis GV60 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
4769 lbs.
EPA Passenger
101.1 cu.ft.
Max Seating Capacity
5
Towing Capacity, Maximum
2000 lbs.
Trunk or Cargo Capacity
54.7 cu.ft.
Turning Diameter
39.2 feet
Gross Vehicle Weight Rating (GVWR)
5721 lbs.

Exterior

Moon Roof/Sun Roof
Available
Number of Doors
4 doors
Power Folding Exterior Mirrors
Available
Privacy Glass
Available
Roof Rails
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
103 MPGe
Combined
95 MPGe
Highway
86 MPGe

Mechanical

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

Performance

Horsepower
314 hp
Torque
446 foot pounds
Engine
Dual Electric Motors
Estimated Electric Range
248 miles
Charge Time (240V)
7 hours
Battery Capacity
N/A

Warranty

Powertrain
10 years / 100000 miles

Comfort & Convenience

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

Entertainment

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

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

Seating

  • Leather Seats
  • Folding Rear Seat
  • Heated 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

2023 Genesis GV60 Safety

2023 Genesis GV60 Safety Technology

Highway Driving Assist 2

Accessed by a button on the steering wheel, this helps make freeway driving easier by pacing the speed of vehicle ahead and keeping the GV60 in its lane when the road curves. It’s standard in both 2023 GV60 variants.

Blind-Spot View Monitor

Activate a turn signal, and a real-time view of the corresponding side appears in the instrument cluster. It’s great for freeways when vehicles approach at speed, as well as in the city if a cyclist is coming up the inside. This is also standard equipment in the new GV60 electric SUV.

Safe Exit Assist

Another of the many advanced safety features that come as standard in the 2023 GV60, think of this as blind-spot monitoring for every occupant, setting off warnings if it’s unsafe (traffic-wise) to open the doors.

Compare to Similar Vehicles

Used 2023
Genesis GV60
Used 2023
Audi Q4 e-tron
New 2025
Genesis GV60
Used 2023
Volvo C40 Recharge
See Details
Price
$33,978
$35,055
$53,800
$30,225
KBB.com Rating
4.5
4.5
4.5
4.5
Consumer Rating
5.0
3.7
5.0
4.0
Fuel Economy
City 103/Hwy 86/Comb 95 MPGe
City 97/Hwy 87/Comb 93 MPGe
City 125/Hwy 99/Comb 112 MPGe
City 94/Hwy 80/Comb 87 MPGe
Fuel Type
ElectricLeafIcon
N/A
ElectricLeafIcon
N/A
Estimated EV Range
248 miles
236 miles
294 miles
226 miles
Seating Capacity5555
Basic Warranty
N/A
4 years or 50000 miles
5 years or 60000 miles
4 years or 50000 miles
0-60
N/A
5.8 seconds
N/A
4.7 seconds
Horsepower
314 HP
295 HP
225 HP
402 HP
Engine
Dual Electric Motors
Dual AC Electric Motors
Electric Motor
Dual Electric Motors
Drivetrain
AWD
AWD
RWD
AWD

2023 Genesis GV60 Rankings

More Genesis GV60 News & Information

General
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Sean Tucker October 12, 2023

FAQs

How much is a 2023 Genesis GV60?

Pricing for the 2023 GV60 starts at $58,890 for the Advanced AWD model. The higher Performance AWD version starts at $67,890. This is all before any destination charges, federal tax credits, or state incentives.

How long does it take to charge a 2023 Genesis GV60?

An ultra-fast 800-volt charger can take the battery in the 2023 GV60 from 10 to 80% in just 18 minutes. It can provide about 64 miles of range in five minutes. A 240-volt home setup requires around seven hours to go from 10 to 100%.

Is the 2023 Genesis GV60 a good SUV?

With no real off-road ability, despite all-wheel drive as standard, the 2023 GV60 is nevertheless an excellent all-electric luxury compact SUV with a lot of technology.

Is the 2023 Genesis GV60 a good vehicle?

Yes, the 2023 Genesis GV60 is a good car, as reflected by its above-average Kelley Blue Book rating of 4.5 out of 5.

How much should a 2023 Genesis GV60 cost?

Used 2023 Genesis GV60 prices currently range from $33,978 for the Advanced Sport Utility 4D to $34,559 for the Performance Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Genesis GV60?

The cheapest 2023 Genesis GV60 is the Advanced Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $33,978.

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