GM’s all-electric Cadillac Lyriq EV has a new competitor in the 2023 Genesis Electrified GV70, which recently launched at retailers in select U.S. states.
Genesis, a Hyundai-owned South Korean-based luxury brand, says it is “pleased to announce that our first U.S.-assembled model has begun to arrive at retailers in 15 states” with the debut of the Electrified GV70.
The Electrified GV70 is an all-electric luxury SUV with a sleek, aerodynamic design and a signature grille that includes a hidden charging port. The GV70 rides on 20-inch alloy wheels and comes in a choice of four exterior colors, including black, silver, and two different grays. The front includes Genesis’ horizontally split “Two Line” headlights, while the rear features a minimalist bumper and skid plate.
Inside, Genesis has provided the Electrified GV70 with premium materials and design. The dash includes a display measuring 14.5 inches diagonally. Seats are upholstered in leather, and other interior fabrics include suede, tricot, wool, and microfiber. Both front and rear seats are heated and ventilated, while the technology comprises several modern safety and convenience features.
The Electrified GV70 is currently available in very limited numbers at Genesis retailers. The 15 states where the GV70 was released so far include, in alphabetical order, Arizona, California, Colorado, Connecticut, Louisiana, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, Utah, Virginia, Washington, and Wisconsin.
Genesis says its new EV SUV has an EPA-estimated range of 236 miles. Its powertrain has an all-wheel drive dual-motor configuration developing 429 horsepower. Power can be increased to 483 horsepower for 10 seconds by engaging Boost Mode. The vehicle carries a starting MSRP of $65,850. Electrified GV70 units sold in the U.S. are assembled at a Genesis production facility in Montgomery, Alabama.
GM Authority published exclusive spy shots of GM benchmarking the Genesis GV60 electric crossover back in October 2022. It’s believed GM benchmarked the GV60 because it is working on a sub-Lyriq crossover EV. Furthermore, GM Authority spied a prototype of this upcoming model undergoing testing, capturing images of a vehicle with approximately the dimensions of the Cadillac XT4.
Now, the Electrified GV70 appears to be a direct competitor to the Cadillac Lyriq. The Lyriq AWD currently offers better performance than its Genesis rival at 500 horsepower and 450 pound-feet of torque. These figures will be pushed even higher with the upcoming release of the Cadillac Lyriq-V, though exact horsepower and torque ratings aren’t available at this time.
As a reminder, the Cadillac Lyriq is powered by GM Ultium batteries and GM Ultium Drive motors, with powertrain output rated at 340 horsepower for RWD models and 500 horsepower for AWD models. Range-per-charge is greater than 300 miles, while the EV rides on the GM BEV3 platform. Production takes place at the GM Spring Hill plant in Tennessee.
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At a time of year when luxury car ATP usually rises.
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The GV70 is an ICE vehicle that Genesis shoved an EV powertrain into and its EV range shows that. The Lyriq gets about 70 more miles per charge.
GM is not a competitor, when you don't have any of the AWD version available.
GM needs to release massively to out numbered the available units to compete.
Not on paper.
Sales figure will tell.
Genesis sold a grand total of 285 G70 (ICE or EV) in Q1 2023. For all of Cadillac's issues getting the Lyriq out the door they sold 3 times as many Lyriqs.
The GV70 is a nice vehicle I just think Genesis took the easy way out with an ICE conversation. If I'm going to drive an EV I want it to be different than the ICE version.
GM designs and builds its EVs differently from its ICEVs. But doing a conversion from a standard ICEV model is not bad. Ford did two EV conversions (F-150 and Transit) and both are selling better than any of GM EVs. Only the Mustang EV is different.
If someone walks into a dealership wanting to order it, pay full MSRP and can expect to take it home within 120 days this will dominate the segment. Too bad GM stopped the policy about discussing "future products" and started "selling the idea" of future products instead of vehicles. I have over 20 Lyriqs waiting to be ordered, three of them our Cadillac rep guaranteed to be 2023's and so far none have even been accepted as 2024's. Last week GM made 8 all wheel drive Lyriqs for the entire country. All the competition has to do is be competent and they will dominate what GM's EV's are up to.
I have seen the gas version of the Gv70 and the Cadillac Lyriq lose up. The Gv70 is prettier but the Lyriq is a much better vehicle. Sales will depend on the class of buyers, not prices. We U.S. buyers will go for the Lyriq always!
GM can't make Ultium batteries in volume. They sold less than 1,000 Ultium products in the first quarter. GM can keep unveiling Blazers and Equinoxes, but you'll never be able to get one until GM figures out how to make batteries at volume.
This ugly piece of Korean crap is no rival fora twenty-year-old Yugo, much less for the Lyriq.
It's OK, but rather stale looking.
I finally saw my first Lyriq on the road as I was riding my bike on Easter Sunday. I hope that's just the beginning of many to come.
Careful what you wish for! One of the lushes that think that's a desirable looking vehicle is liable to run you over!
This thing looks smaller. Placing it as a Lyriq rival means it's overpriced. Or GM is doing a tweener strategy, again.