The 2023 Genesis GV60 is priced below $ 60,000

Hot with Cadillac Lyriq’s price heels, Genesis has announced the price for its own luxury electric crossover. The 2023 Genesis GV60 will be highly competitive, with a lower base price, if not less across the board.

The base model is the Advanced AWD, and it starts at $ 59,980, which is about $ 3,000 less than the Cadillac. At 314 horsepower, it has barely less power than the Cady, and also has all-wheel drive instead of rear wheel drive. If the power sounds familiar, it’s basically the same motor setup as the all-wheel-drive Hyundai Ioniq 5 and Kia EV6 (not including the upcoming EV6 GT). The range comes in at 248 miles, which is less than the Hyundai or Kia with the same powertrain. This is less than the base Cadillac’s 312-mile range.

The GV60 Advanced AWD is well equipped. It includes leather heated and ventilated front seats, Bang & Olufsen audio, dual 12.3-inch infotainment and instrument screens, head-up display and a heat pump. It is also full of technology, such as load charging from the car which makes it a mobile power source Facial recognition and fingerprint authentication allow access and start the car without keys and enable personal settings. It includes automatic emergency braking, blind-spot monitoring, lane-centering, traffic sign recognition, adaptive cruise control, surround view camera, parking sensor, navigation and remote four and off-driving parking spots.

The GV60s will also come with three-year free 30-minute charging sessions at Electrify America stations.

GV60 Performance AWD sitting on top of GV60 Advanced. It starts at $ 68,980 and carries up to 429 horsepower or 483 horsepower while in “boost mode”. With this trim the range goes down to 235 miles. It costs about $ 4,000 more than the all-wheel-drive Cadillac Lyric, which will also provide 500 horsepower.

The GV60 Performance AWD has many more features besides extra power. The 20-inch wheels have been upgraded to a 21-inch unit, and fitted with adaptive suspension and an electronically controlled limited-slip rear differential. Inside, the front seats get extra adjustment, heated rear seats and a false suede headliner. Digital keys 2, which allow drivers to use their phone as a key and share keys digitally with others, are also included.

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