General Motors revealed this week that it would be producing a fully electric version of its Chevrolet Corvette luxury sports car model. The company’s president, Mark Reuss, announced this plan through a post on LinkedIn.
His post includes a short video of the Corvette and said that the new hybrid model is coming soon. He did not mention any exact date but said the electric Corvette will be offered as early as 2023, and more details and names are coming at a later date.
“Some time ago we moved the Corvette team into the EV space in Warren, Michigan, and when we revealed the new mid-engine Corvette, I said there would be ‘more to come.’ This morning I sat down with Phil LeBeau of CNBC and finally answered the question I’ve been asked countless times,” Reuss wrote in his post.
He continued, “Yes, in addition to the amazing new Chevrolet Corvette Z06 and other gas-powered variants coming, we will offer an electrified and a fully electric, Ultium-based Corvette in the future.”
As per CNN Business, in the video that was also posted on Twitter, a hybrid Corvette has been shown, and the vehicle’s power was illustrated by showing the wheels spinning through the snow. Then again, it is not clear if General Motors is making the all-electric version of the car model in the clip, or it will be a completely different model.
BREAKING: An electrified #Corvette will be available as early as next year and a fully electric version to follow. Stay tuned for more. pic.twitter.com/6lDUWpOIZ2
— Chevrolet (@chevrolet) April 25, 2022
It was mentioned in the report that General Motors has long been rumored to build a Corvette with a hybrid system. But Reuss already hinted that the electrified version would be a new variant of the Chevrolet Corvette’s current generation.
As of this time, the sports car model is only available in the base Stingray variant fitted with a 6.2-liter V8 engine that produces up to 495 horsepower. There is also the Corvette Z06 with a 5.5-liter V8 and 670 horsepower that was introduced last fall.
At any rate, General Motors’ move to have its Chevrolet Corvette electrified is not surprising as the company has long announced its goal to shift to electric and only sell these types of vehicles by the year 2035.


Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets
Asian Currencies Mixed as Dollar Holds Near Two-Month High
Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions
JPMorgan Names Lavatelli Japan Chief in Leadership Shake-Up
McDonald’s Sees Flat Traffic, Sticky Inflation as New Normal
Russian Envoy Dmitriev Heads to US for Ukraine Talks
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit
Nike Earnings at Risk as UBS Cuts Price Target to $42
SoftBank Raises $11.1 Billion in Bond Sale to Fund OpenAI Investment
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears
US Dollar Hits Two-Month High as Fed Rate Hike Bets Rise
China Reviews Broadcom Switch Use in State Data Centres
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts
SpaceX Nasdaq 100 Weight to More Than Double in Rebalance
Meta Connect Spotlights Camera-Free Smart Glasses Amid Privacy Concerns 



