Currently reading: How Genesis is shaking up the company car world

With state-of-the-art EV technology and a unique take on luxury, Genesis offers the complete package for company car and salary sacrifice drivers

Company car drivers have never had it so good, and the figures suggest they know it. There were 920,000 of them in 2024/25, according to the latest Government data, which is 180,000 (24%) more than in 2020/21, and the reason for that popularity surge is clear. Backed by renewed tax breaks in 2020, half of them are driving electric cars.

Coupled with rapidly advancing EV technology and an ever-expanding of choice of models, those incentives have been nothing short of transformative. In a year where manufacturers are pushing to meet a Government-mandated 33% EV share of new cars, members of industry body the British Vehicle Rental and Leasing Association (BVRLA) claim they are tracking at over 80% of company car orders. That’s the industry-wide target for 2030.

Of course, there’s more to this than cheap tax bills. Executive-class company cars are as much a tool of the trade as they are a workplace perk; tasked with being a versatile long-distance tourer, packed with useful features to keep drivers connected, comfortable and safe, and electrification has opened the floodgates for ambitious new brands to challenge the status quo. So how is Genesis standing out from the rest.

Learn more about the Genesis range

Genesis, what’s that?

Just like it’s biblical namesake, Genesis is about new beginnings. It’s the luxury arm of Hyundai Motor Group, and it’s quickly carved out its own corner of the market since it launched in the UK in 2021, distinguished by its uniquely Korean take on high-end motoring and fine-tuned with the help of European engineering teams.

Five years on, the Genesis lineup has grown to include a selection of distinctively styled models, each packed full of cutting-edge technology and premium materials and backed by a uniquely personal ownership experience. Here are five reasons why Genesis should be on your choice list.

Award-winning Electric SUVs

The Genesis company car line-up is spearheaded by a pair of electric luxury SUVs; the GV60 and Electrified GV70. Both were comprehensively overhauled in 2025, which means they’re an even more compelling choice for drivers.

The GV60 coupe-SUV was Genesis’s first electric car in 2023, and it’s since become the brand’s best-seller. It’s built on a dedicated EV platform, which maximises space by pushing the wheels out to all four corners and packaging the battery under the cabin. The result is unobstructed passenger space, with a flat floor, open area between the front seats and a generous 432-litre boot, accessed through a large rear hatchback. Form with function. 

It’s a calming environment, with four colour options, premium materials and advanced driver assistance features to make light work of long drives. Spec the Convenience Pack, and the GV60 gains front seats that recline fully while parked and ‘Ergo Motion’ features on the driver’s side, with built-in air pockets that correct posture, provide extra bolstering in Sport Mode and a multitude of different massage options. Useful features for ensuring you arrive at that next meeting feeling refreshed.

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All three trim levels also include the new 27-inch Integrated Cockpit, which merges the central infotainment screen and instrument cluster into a single panoramic display, capable of streaming content from Netflix, Disney+ and Bloomberg, enhanced by immersive Bang & Olufsen audio as an optional extra. However, it also retains physical buttons for commonly used features, while others can be accessed by simply saying “Hey Genesis”, keeping your eyes on the road and hands on the wheel.

In fact, the GV60 is such an impressive all-rounder that it’s picked up two prestigious awards from Autocar’s sister title, What Car?, naming it Best Electric SUV and Best Interior. 

The Electrified GV70 packages similar technology into a more traditional SUV silhouette. To start, it has an aluminium-rich bodyshell, while recent updates – a joint effort between engineers in South Korea and Germany – have revised the steering, suspension and cabin to better suit European tastes. That includes the same 27.0-inch Integrated Cockpit, voice commands and intuitive layout as the GV60.

UK cars are available in three trim levels with a choice of luxurious interiors trimmed in leather, wool and sustainably sourced materials, including yarns from processed plastic bottles and waste fishing nets. Drivers also get a suite of assistance features as standard, including camera-assisted suspension that adapts to potholes, automatic crosswind stability control and modes tailoring the all-wheel drive system to snow, sand and mud, either selected manually or via AI.

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Regardless of terrain, it excels on space. There’s comfortable seating for five, with a large panoramic sunroof and an estate-like 1678 litres of storage on board once the rear bench has been folded away. Hardly surprising that it picked up the Best Interior for a Family SUV title at the What Car? Awards.

State-of-the-art EV Technology

The GV60 and Electrified GV70 benefit from parent company Hyundai Motor Group’s EV knowhow, which means they’re home to some of the most advanced technology on the market, alongside some useful recent enhancements.

Both have an efficient heat pump system for the cabin, variable regenerative braking to channel energy back into the battery, and all-wheel drive that can decouple the front axle, which helps eke out as much range as possible from their new, larger 84kWh battery pack. That’s enough to take the GV60 up to 348 miles (318 with all-wheel drive) on a full charge – both could get from London to Carlisle without stopping – while the Electrified GV70 has a range of up to 298 miles. And you can also use that battery pack as a portable power source for electrical appliances.

However, it’s charging where Genesis really has the edge over its rivals. The key is 800-volt electronics, which enables much faster charging than the 400-volt systems used by most EVs. Plug the GV60 into one of the UK’s 14,000 350kW chargers and it’ll top up from 10% to 80% in 18 minutes, recovering up to 244 miles of range, while the Electrified GV70 reaches the same benchmark in 19 minutes, adding around 200 miles. In each case, you’d claw back around 100 miles in the time it takes to grab a coffee and take a comfort break.

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Again, it’s all designed to be easy for drivers. Genesis Connected Services enable you to check your charging status remotely, and pre-warm the cabin and de-ice the windows from your smartphone while it’s still plugged in, saving your range for the trip ahead. And, if it’s navigating to a charger, the car will automatically heat the battery to just the right temperature for the fastest possible top-up. 

Exhilarating Performance

Magma is the next step in the Genesis story. It’s the division tasked with taking the company into motorsport, beginning in the 2026 FIA World Endurance Championship, and creates a direct link between that track expertise and a line-up of ultra-high-performance road-going EVs. This begins with the GV60 Magma.

Launching this year, the GV60 Magma delivers a breathtaking 641bhp and reaches 62mph in just 3.4 seconds on its way to a 164mph top speed. It’s marked out by unique aerodynamic bodywork, bespoke bucket seats and 21-inch forged alloy wheels, and gets two additional drive modes tailored towards touring and track use. It even features Genesis’s groundbreaking Virtual Gearshift technology that mimics the gear changes of a high-performance petrol car, complete with rev-matching, a 9000rpm redline and authentic pops and crackles. It also benefits from the same updates as other GV60 models, including the new panoramic display, 84kWh battery and ultra-fast charging.

If your choice list doesn’t stretch that far, then other versions won’t leave you short changed. The GV60 Performance takes just 4.0 seconds to reach 62mph, while the Electrified GV70 comes in at 4.4 seconds. Proof that Genesis isn’t afraid to push the limits of the technology.

The Personal Touch

At Genesis, luxury goes beyond products. It’s a holistic experience, born out of the Korean concept of ‘son-nim’ – the idea is that every customer is treated as an honoured guest. That starts the moment they step into one of the brand’s Genesis Studios.

The goal is a one-to-one service. Customers are assigned a personal assistant, who will walk them through the model range, arrange a test drive and help them configure a company car that fits their needs. And it doesn’t stop there – that same assistant will arrange delivery including a detailed hand-over, and co-ordinate servicing and maintenance work.

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Low Running Costs

It’s not so long ago that high-performance, luxurious, technology-rich company cars would have been out of reach for most drivers – but electrification means it’s more affordable than ever, while making good sense for businesses too.

Company cars are taxed based on what’s called a ‘taxable value’ – a percentage of the list price, based on their CO2 emissions. With no tailpipe emissions, EVs fall into the lowest 4% band in 2026/27, rising to 5% and then 6% in the next two financial years, compared to 25% or more for even the most efficient petrol or diesel cars, and that gap is in place for the duration of a typical lease term.

The result is ultra-low Benefit-in-Kind bills for drivers, either on company car or salary sacrifice schemes, while their employers get similar reductions on Class 1A National Insurance Contributions. Better still, businesses can deduct 100% of the lease or purchase costs from their gross profits and claim tax relief in the process. Who says attractive perks need to be expensive?

And, whether you’re driving for work or weekends, EVs offer attractively low running costs too. The GV60 and Electrified GV70 cost around 8p per mile charged at home, which is about half the price of filling with diesel, while drivers with tariffs offering cheap electricity overnight can cut that to less than 2p. Their employers can also cover the cost of a plugging in at work or installing a home charging point, without either of them being classed as a taxable Benefit-in-Kind.

In short, it’s hardly surprising that the company car market is booming. Company car drivers really have never had it so good.

Learn more about the Genesis range

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