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The Latest Breaking News from Genesis

Long delay on EV deliveries hits Comcar fleet switch-out

With delays of more than 12 months on EV deliveries to private customers, will a government department get bumped up the queue?

The Canberra Times

Best Spy Shots For The Week Of February 6

The highlights this week include the Lamborghini Aventador successor and refreshed Ford F-150.

Motor1

Genesis GV80 Coupe Spied Flaunting Large Quad Exhaust Tips

The swoopy SUV was spotted on a frozen lake near the Arctic Circle.

Motor1

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Lexus Ranks Best, Ford Freefalls On 2023 J.D. Power Dependability Study

Kia is the best mass-market brand, while Land Rover is still ranked as the least-dependable automaker.

Motor1

Genesis Begins Selling EVs In Colorado, Expanding EV Sales Footprint

One roadblock to EV adoption in the US is the lack of availability. Some companies only sell EVs in select states. However, that's beginning to change.

InsideEVs

Why Barry Silbert and the Winklevoss twins are now damaged goods

The men made the crypto industry what it is today but now they are damaged goods.

Fortune

Genesis, DCG reach initial deal with main creditors

The creditors who came to terms with the lending arm of Genesis and DCG are owed approximately $2.4 billion out of the total $3.4 billion the company reportedly owes.

Fortune

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Hyundai Motor Group Celebrates 1 Million Plug-In Car Sales

Hyundai Motor Group, which includes three car brands - Hyundai, Kia and Genesis - recently reached a milestone of one million plug-in cars sold cumulatively.

InsideEVs

Hyundai Motor Plug-In Car Sales Exceeded 24,000 In December 2022

In the full year of 2022, Hyundai Motor Company sold more than 240,000 plug-in electric cars (up 45% year-over-year), including nearly 195,000 all-electric (up 56%).

InsideEVs

2023 Genesis Electrified G80 Review: Way Better Than It Should Be

With a long range and quality construction, the Genesis Electrified G80 is an excellent option compared to other luxury EV sedans.

InsideEVs

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”

Fortune

US: Genesis GV60 Sales Amounted To 550 In Q4 2022

Genesis, Hyundai's premium brand, continues customer deliveries of the all-electric Genesis GV60 in the United States, where it first arrived in May.

InsideEVs

Genesis X Convertible Concept To Enter Production As Flagship EV

The chairman of the Genesis National Dealer Advisory Council said he guarantees dealers will see "a lot of Bentley Continental convertible trade-ins" on the X.

InsideEVs

Genesis X Convertible Going Into Production: Report

The halo model could cost $200,000 to $300,000.

Motor1

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InsideEVs

Hyundai To Invest $8.5 Billion In EV Development, US Factory

Over $5 billion will go towards a brand-new factory in Georgia that will exclusively build all-electric vehicles.

Motor1

Hyundai Sold 3.94 Million Cars In 2022, Up 1.3 Percent

It's targeting 4.32 million vehicles for 2023 when it will launch the next-gen Santa Fe and Ioniq 5 N.

Fortune

A buzzy NFT startup from Decentraland’s founder was supposed to be the future of crypto gaming. His $20M gamble on Genesis could cost the company its future

How Big Time became one of the top creditors on the bankrupt lending platform.

The Independent UK

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets

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InsideEVs

2023 Genesis GV60 Driving Notes: Fun And Funky

Its polarizing design aside, the 2023 Genesis GV60 is a fun, comfortable crossover EV, especially if you get the flagship Performance trim.

Edinburgh Live

Edinburgh to welcome first-ever store for luxury car firm Genesis this summer

The premium Korean car firm, which is owned by Hyundai, is opening its first-ever Scottish studio and the first outside of London since its arrival in the UK in 2021.

Fortune

The crypto lender Gemini just filed for bankruptcy. Here are the biggest creditors

The company owes $3.4 billion to top firms including Genesis and ByBit's venture arm.

The Guardian - UK

Crypto lender Genesis files for Chapter 11 bankruptcy in US

Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse

Evening Standard

Crypto woes intensify after lender Genesis files for bankruptcy

The firm formed part of the empire of billionaire Barry Silbert

Al Jazeera

Crypto giant Genesis files for bankruptcy, after FTX collapse

Cryptocurrency lender’s bankruptcy is the latest blow to the sector following the arrest of Sam Bankman-Fried.

Fortune

Genesis considers filing for bankruptcy as it struggles to raise new funds

The company, which is a subsidiary of Barry Silbert’s Digital Currency Group, reportedly owes creditors $3 billion.

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