Hyundai Group's luxury brand, Genesis, is reportedly set to launch its first range-extender electric vehicle (REEV) in December 2026.
As reported by Korean Car Blog, the brand’s first REEV will be a version of the GV70 built on a modified version of the E-GMP platform.
Little information about this car is confirmed thus far, apart from it having a claimed pure electric range of 200km and total claimed range of 900km.
The GV70 EREV will reportedly launch in North America, South Korea and parts of Europe. It’s unclear if it will come to Australia.
REEV technology is claimed to bridge the gap between an electric vehicle (EV) and a series-parallel hybrid.
It’s very similar to plug-in hybrid (PHEV) technology as it prioritises electric power when there’s charge in the high-voltage battery pack.
There’s also an internal-combustion engine, like a PHEV, but it only acts as a generator to recharge the battery when needed. It never powers the wheels directly.
Genesis currently doesn’t offer any series-parallel hybrids in its line-up, unlike its mainstream Hyundai and Kia sister brands. It only EVs and internal-combustion vehicles.
The brand did plan to go EV-only by 2030, but this no longer seems to be the case following recent comments from Genesis global head, Mike Song.
“Hybrid, EV, ICE, everything is on the table. It is the customer who chooses the right fit for their needs,” said Mr Song in January.
“Still there’s a market or customer who only wants ICE, then we will do it. Our product plan is based on our forecast of the customer demands, so we don’t delete anything,” he said.
“The need for EV, including hybrid, is growing.
“We still believe one day in the future, we don’t know when, it will be 100 per cent EV.
“2030-2035 we think there is [a] customer for ICE and hybrid, then we will do it. Even 2050.”