Genesis Electrified GV70 wins Best Residual Value by Canadian Black Book

GENESIS CANADA - Genesis Motors Canada proudly announces that the 2024 Electrified GV70 has been awarded Canadian Black Book’s 2024 Best Residual Value Award in the Electric SUV category, for vehicles above $60,000. This accolade underscores the Electrified GV70's exceptional value retention, as measured by the forecasted percentage of its original price after four years. Genesis took the top spot in the segment, followed by the Mercedes-Benz EQE and Volvo C40 in second and third place, respectively.

"We are incredibly honoured to have the 2024 Genesis Electrified GV70 recognized by Canadian Black Book. This award is a reflection of our commitment to excellence and our vision for the future of electrification," says Eric Marshall, director of Genesis Motors Canada. "The Electrified GV70 exemplifies our dedication to providing consumers with vehicles that offer elegant styling and dynamic performance, as well as a frictionless ownership experience."

Now in its third year, the Best Residual Value Awards have expanded to include crossovers in various categories. Reflecting the continued shift of consumer preferences towards SUVs, categories now recognize Compact, Sub-compact, Mid-size, and Full-size models in both mainstream and luxury segments.

“There are more EVs on the roads; more people researching, buying, and leasing them; and more options from automakers,” said Daniel Ross, CBB’s senior manager of industry insights and residual value strategy. “They are becoming common and, therefore, consumer education is increasing, which helps bring up residual values.”

Presented during the 2024 Canadian International Auto Show in Toronto, the Best Residual Value Awards forecast the residual value of 2024 model year vehicles into 2028, highlighting the significance of long-term quality and sustainability in vehicle ownership. This recognition marks a milestone for Genesis in the EV space, reinforcing the brand's commitment to innovation and quality.

Genesis GV70 wins 2024 AutoTrader.ca award

GENESIS MOTORS CANADA - The winners of the 2024 AutoTrader.ca Awards were announced, with Genesis Motors Canada taking home another accolade. The 2024 Genesis GV70 and Electrified GV70 took top honours in AutoTrader.ca awards, being chosen as Best Compact Luxury SUV for the second year in a row.

After evaluating and considering every single new vehicle that’s available for sale in Canada, more than 20 automotive journalists from all over the country place their votes in over 30 categories. Overall, 12 key criteria are thoroughly analyzed - including design, innovation, engineering excellence, quality, and safety. Perhaps most importantly, the jury votes for vehicles they would feel confident recommending to their own family and friends.

The AutoTrader.ca Awards are considered by consumers to be among the most trusted and comprehensive automotive awards in Canada, with winners being chosen for setting a benchmark for their respective segments.

“As the Genesis lineup continues to expand into new segments and we continue along our ambitious journey towards electrification, we are very pleased that our newly launched models are so well received by the most respected experts in the industry,” says Eric Marshall, director of Genesis Motors Canada. “We are both humbled and grateful to the AutoTrader.ca team of voting jurors for recognizing our achievements and presenting us with such significant awards.”

The GV70 compact luxury SUV won its category in 2023 and was once again selected as the best in the segment for 2024. The vehicle impressed the jury once again with its winning combination of styling, composed yet dynamic driving sensibilities, luxurious interior, and intuitive integration of technology. In this increasingly competitive segment, they agreed that the compact luxury SUV continues to have what it takes to stand out ahead of the crowd. The Electrified GV70 builds upon this formula, but without a traditional internal combustion engine. Robust electric all-wheel drive propulsion provides unrelenting acceleration and balanced handling, which is wonderfully complemented by a smooth, serene driving experience that is well suited to a luxury vehicle. 

“The Genesis GV70 and Electrified GV70 embody the overall excellence that our expert jury is looking for when voting on the best vehicles,” says AutoTrader.ca Editor-in-Chief Jodi Lai. “The lineup’s winning combination of style, driving dynamics, and attention to detail is something Genesis can be proud of and the fact that this is a repeat win cements the GV70 lineup as one that’s tough to beat.”

Everrati showcases redefined ans electrified Land Rover Series IIA at London Concours

EVERRATI - Everrati Automotive Limited (Everrati™), the leading technology company specialising in the redefining and futureproofing of automotive icons through the integration of cutting-edge electric vehicle (EV) powertrains, will display its electric Land Rover Series IIA at the luxury automotive event, London Concours.

At the automobile extravaganza, held in the Artillery Gardens of the Honourable Artillery Company’s Headquarters in the heart of London from 6-8 June, Everrati will showcase its redefined icon alongside the world’s finest supercars and classics.

Visitors to the prestigious event will be able to admire and explore Everrati’s timeless Land Rover Series IIA, which has been meticulously redefined as a cutting-edge electric vehicle, offering a unique blend of heritage, luxury, sustainability and future-proofed technology.

Everrati has specifically chosen its Land Rover from its growing portfolio of redefined vehicles to be at the show to celebrate London Concours’ ‘The Cars That Built Land Rover’ – a homage running over the course of the three-day event of classic models that have shaped the brand into what it is today

Justin Lunny, Co-Founder and CEO of Everrati said: “London Concours brings together the best in automotive craftmanship and luxury. We are extremely proud to have our redefined Land Rover Series IIA on show as it perfectly aligns with the event’s celebration of motoring prestige and the homage to Maurice Wilkes’ game-changing creation. We look forward to showing visitors how we have redefined this piece of automotive history to the highest standards in the bid to preserve its legacy and be enjoyed by generations to come.”

With a 60kWh battery and 150bhp and 300Nm from its electric motors, it offers both two-wheel drive and four-wheel drive modes and a range of up to 150 miles, almost identical to its combustion-engined past, combined with regenerative braking, AC and DC fast charging capability.

Combined with the very latest in sustainable luxury materials, including the world’s lowest carbon leather for the automotive industry from leading leather manufacturer, Bridge of Weir, it further highlights Everrati’s overall mission for sustainable luxury.