More expensive than the GV60 and BMW iX3? 2023 Genesis Electrified GV70 price and features show electric car is loaded with gear

The premium electric SUV space is heating up with another charged up contender hitting Australian showrooms this month.

Just a week after announcing pricing for its flagship electric vehicle, the G80 sedan, Hyundai’s luxury arm Genesis has confirmed pricing for its Electrified G70 SUV.

It will be offered in one highly-specified model grade priced from $127,800 before on-road costs. That’s a good $18,000 cheaper than the G80 Electrified sedan’s $145,000 sticker price.

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In curious timing, Genesis Australia is gearing up to launch its first dedicated EV model, the GV60 SUV, next week.

The GV70 is more expensive than the GV60 which will be available in two flavours - AWD from $103,700 before on-road costs and Performance AWD from $110,700.

The two models will share the premium medium SUV vehicle category that’s determined by the Federal Chamber of Automotive Industries (FCAI).

However, while the GV70 - which is based on an internal combustion engine platform - is 200mm longer, 20mm wider and 50mm taller than the GV60, the latter’s wheelbase is 25mm longer, owing to its dedicated EV platform.

The Electrified GV70 will sit above the V6 petrol-powered 3.5T AWD Sport model ($84,600), and it will compete with other high-end SUVs of a similar size.

They include the Mercedes-Benz EQC that’s price from $122,724 for the EQC400 4Matic, the BMW iX3 from $114,900, and the Tesla Model Y that undercuts them from $72,300.

Other larger premium-branded electric SUVs that could be in the GV70’s crosshairs include the Audi e-tron (from $138,323), BMW iX (from $139,500) or the Jaguar I-Pace (from $142,580).

Powering the Electrified GV70 is the same 77.4kWh battery found in the GV60, paired with a twin-motor all-wheel drive system that delivers an impressive output of 360kW (with Boost Mode engaged) and 700Nm.

That helps propel the SUV from 0-100km/h in just 4.2 seconds.

The Electrified GV70 has a driving range of 445km on the WLTP cycle, and it has the capability to charge from 10 to 80 per cent battery capacity in about 18 minutes when using a 350kW DC fast charger.

Genesis is offering buyers a complimentary five-year subscription to the Chargefox network, or a home AC charger with installation included.

The Electrified GV70 is capable of 3.6kW Vehicle to Load (V2L) charging, meaning it essentially becomes a mobile power source that can charge other electronic devices from its battery.

The only visual differences between the Electrified GV70 and its ICE cousins are an EV-specific grille with a hidden charge port, a slightly different rear bumper that has no exhaust pipes, and its available in 13 different colours.

It is equipped with a Luxury Package and Genesis says it’s so well equipped that the only option is matte paint.

Standard gear includes Nappa leather-appointed quilted seats, suede headliner and pillars, ambient lighting, three-zone climate control with rear controls, 18-way adjustable front seats with a massage function, heated and ventilated front seats, heated rear outboard seats, remote parking via keyfob, hands-free power tailgate, a heated steering wheel and 20-inch alloy wheels.

Infotainment wise it has a 14.5-inch touchscreen with sat nav, Apple CarPlay/Android Auto, a wireless charger and a 14-speaker audio system.

It also comes with a full suite of active safety features including auto emergency braking with car, cyclist and pedestrian detection, blind spot monitor, driver attention warning, safe exit assist, lane keep assist and more.