Like many other automakers, Genesis is on its way to the electric future, and Genesis’ first entry into the EV market is an SUV. The 2023 Genesis GV60 brings many of the features that customers would expect from a Genesis, but on an EV platform, so many customers may wonder how it compares to other luxury EVs. Here’s a look at four reasons folks should consider the 2023 Genesis GV60 instead of a Volvo XC40 Recharge.

1. The 2023 Genesis GV60 has the better fuel economy

Like with regular cars, an EV has a fuel economy rating that lets customers see how efficient a vehicle is. According to Car and Driver, the Genesis GV60 gets a rating of 103 MPGe in the city and 86 MPGe on highways, for 95 MPGe combined. 

That’s a better fuel economy equivalent than the Volvo, as it gets 92 MPGe in the city and 79 MPGe on highways, for 85 MPGe combined. Just like with regular cars, the Genesis’ better fuel economy equivalent rating means drivers will probably save money on electricity compared to the XC40 Recharge. 

2. The GV60’s good fuel economy gives it a good range too

When combined with the Genesis’ slightly bigger 77.4-kWh battery, that good fuel economy equivalent allows the GV60 to get more range than the XC40 Recharge. The Volvo’s 75-kWh battery only allows it to go 223 miles on a single charge. In comparison, the GV60 gets up to 248 miles of range with the Advanced trim and 235 miles of range with the Performance trim.

On top of that, as Car and Driver wrote, the GV60 currently is only available with all-wheel drive, which means that it has two electric motors working together. The XC40 Recharge has a similar configuration, but the difference is that it’s rumored that Genesis will offer a future rear-wheel-drive base trim for the GV60. If that’s true, the GV60’s starting price tag will be lower, and its max range should get even better. 

3. Genesis offers a better warranty for the car than Volvo does

Hyundai owns Genesis, and Hyundai is well-known for offering excellent warranties on its vehicles, and that’s still true with the GV60. The Genesis SUV has a five-year/60,000-mile limited warranty, a 10-year/100,000-mile powertrain warranty, and Genesis offers complimentary maintenance for three years/36,000 miles. 

In comparison, the Volvo XC40 Recharge has a four-year/50,000-mile limited warranty and a four-year/50,000-mile powertrain warranty, but Volvo offers complimentary maintenance for three years/36,000 miles as well. That said, Volvo offers one thing that Genesis doesn’t: coverage for the car’s battery components for eight years/100,000 miles. 

4. The 2023 Genesis GV60 will come with wireless charging capability

Both cars are capable of DC fast charging, and the Genesis GV60 can recharge from 10% to 80% in just 18 minutes. That said, just like with any other EV, the Volvo needs to get hooked up to a charger for it to recharge. GV60 owners can do that with their cars, but unlike most EVs on the market, Genesis will offer wireless charging on the GV60. 

This means that, just like with wireless smartphone charging, owners of the GV60 won’t have to plug their car in to recharge. They can simply drive their car to somewhere with a wireless charging station, pay for the service, and the vehicle starts to charge. This tech will probably be available on more EVs eventually, but the GV60 will get early access to it.