Genesis is reportedly evaluating a small, luxury electric car (EV) aimed on the European market.
Autocar experiences this compact EV could possibly be a manufacturing model of the Mint idea that was revealed on the 2019 New York motor present.
“We’re increasing our mannequin line-up, and particularly in Europe a smaller mannequin is being thought of,” stated Genesis head of product planning Mark Choi to Autocar.
“But it’s not a easy case of including new fashions; we have to issue within the development of gross sales anticipated for our present automobiles, weigh that towards our manufacturing capability after which contemplate the rising price of uncooked supplies and perceive how that impacts the choice.”
Mr Choi hinted to Autocar the latter of those elements may delay the launch of the small EV, which might slot beneath the GV60 in its present line-up.
There’s precedent on the younger Korean luxury model for a car that’s been developed with Europe entrance of thoughts, with the G70 Shooting Brake aimed immediately at that market.
A small electric luxury car would additionally give Genesis consumers an alternative choice to fashions just like the Volvo C40 Recharge.
“The Mint idea continues to be being studied,” stated Genesis design head SangYup Lee.
“We need to perceive what a small luxury car could possibly be. When you reside in a metropolis, you don’t essentially need a massive car, so a small luxury car is one thing to consider.”
“There are premium small automobiles, however a luxury small car could possibly be one thing new,” Mr Lee added.
The Genesis Mint idea is a two-seater with typical entrance doorways and unusual twin reverse scissor rear doorways. It has a coupe-like profile and huge 22-inch wheels.
The firm didn’t disclose many technical particulars in regards to the idea, however stated it has a vary of 320km and may cost at charges of as much as 350kW.
As previously reported, Genesis is now solely going to have six fashions in its 2030 mannequin line-up, which is 2 lower than the beforehand acknowledged eight.
All six of those fashions will likely be EVs, with the 2 hydrogen fuel-cell (FCEV) automobiles showing to be scrapped.
The firm now says it’s going to be an “all-electric car model” by 2030.
MORE: Genesis reduces 2030 EV range, is hydrogen on the chopping block?