Genesis GV90 spotted looking like the ultimate ultra-luxury EV [Video]

Published

1 month ago

February 4, 2025

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Genesis is preparing to launch its largest, most luxurious electric SUV yet. The Genesis GV90 EV was spotted for the first time in South Korea, revealing its ultra-luxury design.

Genesis GV90 spotted as a new ultra-luxury EV

Although we actually got our first look at the Genesis GV90 last week after it was spotted on a carrier, the latest sighting gives us a much closer look, with a view from nearly every angle.

Genesis previewed the full-size electric SUV with the Neolun concept last March. The concept featured an impressive “reductive” design, with the signature Genesis two-tone headlamps and Crest grille displayed upfront.

With premium features, including coach doors, the GV90 is expected to compete with ultra-luxury brands like Rolls Royce and Bentley.

The GV90 will serve as a “tech beacon” for Hyundai and its luxury Genesis brand as it scales up. Inside, you can expect to see Hyundai Motor’s latest OS and connectivity tech. Like the Hyundai IONIQ 9, the GV90 is expected to include dual 12.3″ clusters and infotainment screens in a panoramic curved display, but the Genesis model will be over the top.

A new video from HealerTV gives us a better idea of what to expect. Despite the camouflage, you can see that the GV90 maintains much of its design based on the concept.

From the back, it almost looks like the GV70 Electrified, but you can tell it’s even bigger. Genesis kept other design elements, like the connected rear lights and bumper design, shown in the concept.

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Genesis GV90 ultra-luxury EV spotted for the first time (Source: HealerTV)

The side view shows slight changes from the concept, including the turn signals on the fender. Despite a slightly more “rounded” profile, much of the design remains the same. The two-line daytime running lights and other design elements are pulled from the concept.

Genesis is expected to unveil the GV90 later this year, with mass production set to begin in early 2026. It’s expected to be available in two trims: Standard or Exclusive.

Genesis-GV90-ultra-luxury-SUV — Genesis Neolum full-size electric SUV concept (Source: Hyundai Motor)

The Standard model is rumored to start at around 100 million won ($80,000), while the Exclusive trim, which will include ultra-luxury features like the coach doors from the concept, could cost upwards of 200 million won ($160,000). It’s like to be limited to just a few models.

The Genesis GV90 will be the first Hyundai Motor EV to ride on its new “eM” platform, set to replace its current E-GMP. It will be built at Hyundai’s Ulsan EV plant in South Korea.

Would you buy the Premium Genesis GV90 model for around $160,000? In comparison, a 2024 Bentley Bentayga costs just over $200,000. Let us know what you think in the comments.

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Environment

The X Games just banned electric motorcycles for being too good

Published

2 hours ago

March 14, 2025

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The X Games just banned electric motorcycles for being too good

In yet another new example of an industry defying progress out of preference for “the old ways”, X Games riders and fans are going to be seeing a lot fewer electric motorcycles in the air this year. That’s after a new rule change has quietly banned electric motorcycles from competing. And the reasoning? It’s not fair to the gassers who are trying to keep up.

That’s not hyperbole; that’s the reasoning given by the X Games leadership.

The X Games is an annual extreme sports competition featuring top athletes in events like skateboarding, BMX, motocross, and snowboarding. Known for high-flying tricks and intense competition, it showcases the best in action sports while pushing the limits of what’s possible.

Think of it like the Olympics of dirt bikes, so to speak.

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As electric motorcycles and dirt bikes have become more popular, riders have discovered that the new technology has opened the door to trick innovation and stunt riding at a level not previously possible with internal combustion engine (ICE) dirt bikes.

Powerful electric dirt bikes like the Stark Varg are often lighter and faster than their gasser counterparts, and their lower weight distribution allows them to rotate and perform tricks in ways that only electrics can achieve.

In the face of that new innovation, the X Games has responded not by encouraging their use in an effort to encourage new stunts, but instead by banning them altogether.

In a statement provided to RideApart, an X Games representative explained that the move was designed to create a “level playing field” so that gassers could keep up.

“At X Games, we are committed to preserving the core of action sports while continuously evaluating new technologies. Our current competition formats are designed around the performance and characteristics of traditional gas-powered bikes, which remain the global standard for elite competition. While we recognize the advancements in electric bike technology, our focus is on maintaining a level playing field and delivering the best experience for both our athletes and fans. We’ll continue to monitor the evolution of the sport and assess how new innovations fit within X Games competitions.”

As RideApart rightly pointed out, that answer seems to fly in the face of years of technological innovation that has helped individual athletes push their sports further. X Games competitors rely on their tools, whether a dirt bike, a skateboard, or a mountain bike, to perform mind-blowing feats, and advancements in those tools have allowed each sport to progress to increasingly gravity-defying stunts.

In fact, journalist Jonathan Klein’s response to the X Games statement just about sums up the ridiculousness of the situation.

“What we likely have here are a bunch of cry-baby competitors that don’t like the Starks and other EV dirt bikes allowing riders to up the ante to the next level. To go harder than before. To take the sport of freestyle motocross to the next level just like Deegan and Pastrana and Carmichael and McGrath and Hart and Bartram did before them. And these same current riders got the folks at the X Games to capitulate to their crocodile tears.”

Ultimately, the X Games have simply confirmed what we’ve all suspected: Electric motorcycles are superior machines, and the old guard doesn’t like that their gas bikes can’t keep up anymore. Period.

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Environment

Oil, dollars, and debt: How safe is the Middle East from the global trade war?

Published

4 hours ago

March 14, 2025

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Oil, dollars, and debt: How safe is the Middle East from the global trade war?

The Palm Jumeirah in Dubai, Dubai, United Arab Emirates

Nikada | E+ | Getty Images

The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects.

The economies concerned – North America, the European Union, and China – face highly uncertain futures. But for the Middle East, which has so far been spared of additional levies, there are still reasons to worry – as well as opportunities to take advantage of.

Direct impact from tariffs, like the U.S. levies on steel and aluminum imports, have just a minimal impact on the Middle East, economists say. The Gulf region, for instance, accounted for roughly 16% of U.S. aluminum imports in 2024, led by the United Arab Emirates and Bahrain, Standard Chartered MENA Economist Carla Slim told CNBC. While those sectors may be affected, analysts say, the hit will be minor.

But the blow to growth from a trade war is likely to hurt the price of oil, the mainstay of the region’s economy. There are also immediate costs to countries whose currencies are pegged to the dollar, such as Saudi Arabia, the UAE, Qatar, Oman, and Bahrain.

Oil, dollars and debt

The U.S. dollar has been selling off since the start of the year, making imports for countries with dollar pegs more expensive – a challenge for a region highly dependent on goods from abroad.

Trade tariffs implemented by the U.S. typically make the greenback stronger over time, however – if that happens, oil becomes more expensive, as the commodity is traded in dollars. This would give an initial boost to oil-exporting Middle East countries.

But bad news may lie ahead as oil demand slows due to weakened global trade and shipping.

An oil drilling rig stands on one of the Causeway islands in the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia, on Wednesday, Oct. 3, 2018.

Simon Dawson | Bloomberg | Getty Images

“The macro outlook for MENA (Middle East and North Africa) is set to be weighed down by global tariff uncertainty indirectly through oil prices, to the extent that tariff and macro uncertainties continue to be a drag to Brent oil prices,” Slim told CNBC.

Since the oil price shock of 2014, however, many of those economies have implemented structural reforms and diversification programs in a bid to lessen their dependence on oil revenue.

“Strengthening domestic demand resilience continues to be the best lever to immunize local economies from global external shocks, in our view,” Slim said.

Despite diversification efforts, however, oil “still accounts for the largest single share of income,” said Edward Bell, acting chief economist at Dubai-based bank Emirates NBD.

“For an economy like the UAE that is highly open to trade and acts as a global trade facilitator through extensive infrastructure and logistics links, a drop in global trade will also be an externally imposed headwind to growth,” Bell noted.

Most vulnerable

A stronger greenback also means that dollar-denominated debt is more expensive to service. For Lebanon, Jordan, and Egypt, which have particularly high levels of external debt, this is a major concern and could cause acute economic pain.

Jordan is the most vulnerable country in the region to the tariff wars due to its high export dependency on the U.S., according to James Swanston, senior emerging markets economist at London-based Capital Economics. Nearly 25% of Jordan’s exports — mainly textiles and jewelry — go to American markets.

“Jordan’s economy is the most exposed to potential tariffs,” Swanston told CNBC.

U.S. President Donald Trump speaks during a meeting with Jordan’s King Abdullah II bin Al-Hussein (L) in the Oval Office of the White House on February 11, 2025 in Washington, DC.

Andrew Harnik | Getty Images

But the country may find some reprieve in its diplomatic ties to Washington – “a carve-out was secured with regard to U.S. foreign assistance following the suspension of USAID” because of Jordan’s strategic importance in U.S. foreign policy, Swanston noted. “This might suggest that Jordan could negotiate fairly easily out of tariff impacts.”

New trade corridors?

One significant and positive change for the MENA region brought about by the tariffs is the push for more geographically streamlined trade corridors.

“For MENA, we think this will add impetus to fast-growth trade corridors, such as the GCC-Asia trade corridor which has experienced long-term growth of 15% and stands to benefit most,” said Standard Chartered’s Slim.

She sees rising trade volumes ushering in a parallel increase in financial and investment flows between the Gulf states and Asia in particular, “as Asian businesses set up presence in the Middle East or expand existing businesses, adding impetus to the organic growth we’ve observed since [China’s] Belt and Road Initiative.”

Environment

Wheel-E Podcast: Clip BOLT e-bike kit, Rad CEO left, fancy Orbea unveil, more

Published

4 hours ago

March 14, 2025

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Wheel-E Podcast: Clip BOLT e-bike kit, Rad CEO left, fancy Orbea unveil, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a new e-bike it from Clip, Orbea’s unveiling of the Denna e-bike, our Velotric Nomad 2 review, Rad Power Bikes’ CEO has stepped down, Segway and Apollo are shipping new scooters, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 6:00 a.m. ET (or the video after 7:00 a.m. ET):

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