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.


Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling
Finnair Orders 18 Embraer E195-E2 Jets in Landmark Fleet Overhaul
Oil Prices Rebound as Iran Denies U.S. Talks Amid Gulf War Supply Fears
Sonova Shares Slip as Hearing Aid Giant Lowers Growth Outlook and Plans Sennheiser Exit
Gold Prices Climb as Middle East Ceasefire Talks Stir Market Optimism
Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis
Oil Prices Climb as Iran Reviews U.S. Peace Proposal Amid Middle East Tensions
Australia-EU Free Trade Deal Signed After Years of Negotiations
Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns
WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions
Gold Prices Surge on U.S.-Iran Ceasefire Reports
Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty
Currency Markets Show Caution Amid U.S.-Iran Negotiations
Explosion and Fire Erupt at Valero Oil Refinery in Port Arthur, Texas
AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict 



