Wednesday, May 14, 2025

First Look: Genesis’s High-Performance Vision with New Concept Cars in Busan

Financial News
Financial News

Genesis unveiled two concept models embodying its future direction for the first time.

On June 27, Genesis announced that it showcased the ultra-large electrified sports utility vehicle (SUV) Neolun Concept for the first time in Asia and the Genesis X Gran Racer Vision Gran Turismo (VGT) for the first time worldwide at the 2024 Busan Mobility Show held at BEXCO in Haeundae, Busan.

The Neolun was first unveiled in New York in March and is a concept model that organically combines design and technology to show infinite possibilities and future direction.

The name Neolun is a combination of Neo, meaning new, and Luna, meaning moon, symbolizing its commitment to providing future-oriented innovative luxury distinct from traditional luxury vehicles.

The Neolun expresses luxury and innovation at the same time based on a minimalist design that minimizes unnecessary elements. A great example is the B-pillarless coach door, which opens facing each other connecting the front and rear doors of the vehicle.

The B-pillarless coach door provides a more open interior space compared to the traditional vehicle structure. It is also a key element of Genesis that maximizes interior and exterior design innovation and the convenience of getting in and out of the vehicle.

The Genesis X Gran Racer VGT was produced through its program, Genesis Magma, which challenges the high-performance domain. Genesis Magma aims for high-performance luxury based on technical capabilities and aesthetic identity. According to Genesis, it goes beyond simple vehicle performance enhancement and merges cutting-edge technology with a sporty design. Genesis aims to develop high-performance models based on the current lineup through the Magma program.

The front design of the vehicle features the Crest Grille shape, utilizing Genesis’s signature two-line design that extends smoothly to the sides, creating an aerodynamic structure.

Genesis first introduced the G80 Electrified Facelift Model, which was recreated after three years, in the domestic market after unveiling it in Beijing, China in April. The G80 Electrified Facelift Model is characterized by an improved second-row space with a 130mm extended wheelbase, various convenience features, and an enhanced driving range with the fourth-generation battery. Genesis plans to officially launch the G80 Electrified Facelift Model in the South Korean market in August.

Song Min Kyu, Vice President of Genesis Business Division, said, “During the Busan Mobility Show, we plan to showcase various models that demonstrate the essence of Genesis design and future-oriented technology to meet the expectations of domestic customers.”

Meanwhile, Genesis has prepared an exhibition space of 1120 square meters for the Busan Mobility Show, which will be held on July 7. They will display a total of seven vehicles, including the Neolun Concept, Genesis X Gran Racer VGT, G80 Electrified Facelift Model, G90 Black, GV80 Coupe, and GV70.

Hot this week

Mexico Decries U.S. Livestock Ban as Unilateral and Unjustified

The U.S. halts cattle imports from Mexico to prevent New World Screwworm spread, prompting criticism from Mexican officials.

Nasdaq Gains 4.4% as Tech Shares Lead Broad Market Surge

The New York stock market rallied as big tech stocks surged, led by Amazon's 8% jump, following a U.S.-China tariff agreement.

Brent Settles at $64.96 as U.S.-China Tariff Truce Boosts Market Optimism

Oil prices rise as U.S. and China agree to suspend tariffs, boosting market sentiment and crude prices. Brent at $64.96, WTI at $61.95.

Facing Sales Slump, Apple Cuts iPhone 16 Pro Prices Ahead of China’s 618 Festival

Apple cuts iPhone prices in China due to sluggish sales, while maintaining steady prices in South Korea amid market share gains.

Your Sofa Is Dirtier Than a Toilet—Here’s What’s Lurking in the Cushions

Sofas are 75 times dirtier than toilet seats, with bacteria levels alarming, especially in homes with pets. Regular cleaning is essential.

Topics

Mexico Decries U.S. Livestock Ban as Unilateral and Unjustified

The U.S. halts cattle imports from Mexico to prevent New World Screwworm spread, prompting criticism from Mexican officials.

Nasdaq Gains 4.4% as Tech Shares Lead Broad Market Surge

The New York stock market rallied as big tech stocks surged, led by Amazon's 8% jump, following a U.S.-China tariff agreement.

Brent Settles at $64.96 as U.S.-China Tariff Truce Boosts Market Optimism

Oil prices rise as U.S. and China agree to suspend tariffs, boosting market sentiment and crude prices. Brent at $64.96, WTI at $61.95.

Facing Sales Slump, Apple Cuts iPhone 16 Pro Prices Ahead of China’s 618 Festival

Apple cuts iPhone prices in China due to sluggish sales, while maintaining steady prices in South Korea amid market share gains.

Your Sofa Is Dirtier Than a Toilet—Here’s What’s Lurking in the Cushions

Sofas are 75 times dirtier than toilet seats, with bacteria levels alarming, especially in homes with pets. Regular cleaning is essential.

Rust, Bulges, and Hidden Toxins: How to Spot Dangerous Canned Goods

Experts warn to check canned goods for signs of contamination, as bacteria can cause severe illness, including botulism.

3.81-Carat Diamond Found in Arkansas State Park—Named After a Dog

A man found a 3.81-carat diamond in Arkansas's Crater of Diamonds State Park, naming it Duke Diamond after his dog.

From Tariff Turbulence to Takeoff: Boeing Soars on Trade Optimism

The NYSE saw gains for two days, boosted by a US-UK trade deal and strong performances in quantum computing and semiconductor stocks.

Related Articles