The first-ever "electrified" Corvette will cost $104,000.
General Motors has announced the creation of the first-ever "electrified" Corvette sports car. The all-wheel-drive version of the E-Ray, first reported last year, will be sold at a price starting at $104,000.
The car will reach 600 mph in 2.5 seconds, making it the fastest Corvette. The E-Ray will be comparable to the Corvette Z06 and the latest supercars in terms of speed performance.
“It’s a testament to innovation that this car has represented throughout its 70-year legacy and certainly represents the future of what this car is capable to deliver going forward,” said Scott Bell, vice president of Chevrolet.
Powered by an electric motor and a small V8 engine, the E-Ray will have 655 horsepower. The car will be available in two modifications - a coupe and a convertible for $104,300 and $111,300, respectively.
The E-Ray will be the only hybrid car in GM's lineup, which previously decided to focus exclusively on electric cars and trucks. Previously, the Detroit-based company announced plans to switch to electric vehicles by 2035. For Chevrolet, it will be one of eight new or updated models in 2023, along with the Silverado pickup, Equinox and Blazer crossovers, and the gas-powered Colorado and Trax.