Genesis to Build First Full Size Luxury Electric Suv Next Year to Rival Cadillac, Range Rover
Electrek 5:35 pm on May 15, 2024
Genesis is set to unveil its first full-size luxury electric SUV, competing with Cadillac Escalade and Range Rover, by late 2025. The GV90 will use Hyundais next-gen eM platform for cost savings in production. It aims for an EV market presence to reach two million sales globally by 2nii.
- Genesis's new SUV: Entering the luxury segment, competing against established leaders.
- Production platform: eM platform expected to save up to 20% in manufacturing costs.
- Market ambition: Aims for two million global electric vehicle sales by end of decade.
- Electric SUV features: Advanced sound architecture, innovative design, spacious interior.
- Partnerships and production timeline: Requested quotes for GV90 to be produced starting December 2025.
https://electrek.co/2024/05/15/genesis-launching-first-full-size-electric-suv-range-rover-rival/