From CNBC: March 26, 2024

Hyundai’s Genesis previews the future with the Neolun concept, a large all-electric SUV featuring sleek design and minimalist interior with swivel front seats. It showcases the brand’s vision for product, design, and technology, although not meant for sale to consumers. Genesis’ U.S. sales set a record last year and are expected to grow further.

The Neolun Concept may hint at a future large all-electric SUV from Genesis, but the company has not confirmed. Genesis’ U.S. sales soared 23% last year, outselling Infiniti, with plans for continued growth. They introduced the GV60 Magma Concept, a high-performance variant of their compact EV crossover, as part of their lineup expansion.

Genesis unveiled the GV60 Magma Concept, a high-performance edition of its compact EV crossover, in addition to the Neolun. The brand plans to develop a high-performance Magma model for each vehicle in its lineup. Both concept vehicles were introduced ahead of their public debut at the New York International Auto Show.

Read more at CNBC: Hyundai’s Genesis previews all-electric SUV concept, the Neolun