Corvette E-Ray

2023 Chevrolet Corvette E-Ray: Model Preview & Release Date

Alex Bernstein
Senior Pricing Analyst - December 22, 2021

Model Preview

The Chevrolet Corvette E-Ray is expected to be a new hybrid performance variant of the iconic Corvette nameplate. Official E-Ray specs have not yet been confirmed by GM, but early spy shots circulating online appear to point to a sleek two-door coupe with a wide stance akin to the upcoming C8 Corvette Z06.

The addition of a hybrid-electric Corvette coupe could offer a boost in performance and better fuel economy. In its current form, the Corvette comes with a 6.2L V8 rated at 19 mpg. According to a report from GM Authority, the E-Ray will replace the Corvette Grand Sport and will sit between the Stingray and all-new Z06.

Initially, the Corvette E-Ray was thought to be a potential competitor to cars like the Acura NSX. Although an increasing number of automakers are offering plug-in hybrids (PHEVs) as well as fully-electric cars on both the mainstream and higher ends of their lineups, the E-Ray is believed to be a regular hybrid.

Just what type of horsepower specs the E-Ray will offer is unclear at the moment. The standard gas Corvette currently makes 490 hp with 465 lb-ft of torque, although next year's Z06 model promises up to 670 hp. Will the E-Ray feature a power output of around 550 hp? Sadly, we're left to speculate, at least for now.

Chevy has not yet teased a release date for the Corvette E-Ray. According to Motor Authority, the car will debut sometime in 2022 as a 2023 model. E-Ray pricing is a mystery, although we wouldn't be surprised if the car lands in the neighborhood of $75,000 based on current Corvette pricing.

With its shift to electrification, GM is planning a number of high-profile debuts. For example, the Hummer is back as a fully-electric GMC truck. Similarly, the company will introduce a new Chevy Silverado EV as well as a GMC Sierra EV, both based on its proprietary Ultium battery technology.

Will the Corvette get an EV variant too? That's unknown for now, but could be a distinct possibility sometime in the future.

Stay tuned for updates to this page as new information is revealed.

Pictured: 2023 Chevrolet Corvette Z06

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