Corvette EV Officially Confirmed, Hybrid Coming In 2023

• GM confirmed that there will be an electric version of the Corvette coming soon.
• A hybrid powertrain will be added next year, and the battery-powered model will follow.
• The EV model will use GM's Ultium battery platform, and it could be called E-Ray.

What's more radical, a mid-engine Corvette or an electric Corvette? We're about to find out, as GM President Mark Reuss confirmed today on CNBC that a Corvette EV is nigh and that it is coming soon after Chevy launches a hybrid model in 2023.

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The electric Corvette will use GM's Ultium battery platform, and we speculated in the past that Chevy's trademark of the name "E-Ray" could be used for some sort of electrified Corvette model. We're guessing that the prototype in this video is the hybrid model, as there's a clear soundtrack of a V-8 gasoline engine playing in the background, but Chevy should release some teasers of the EV model in due time. The camouflaged prototype appears to have the exact same body as the gas-powered Corvette—the main visual difference we can spot is the yellow color of the brake calipers.

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When the electric Corvette arrives, it will have to offer impressive performance specs to compete with its internal-combustion siblings. The Corvette Z06, for one, has a 670-hp 5.5-liter flat-plane-crank V-8, while the hybrid model is rumored to offer around 1000 horsepower from a twin-turbo version of that engine combined with an electric motor powering the front wheels. In the video, we can see that the front wheels start spinning before the rears, confirming this all-wheel-drive setup; we think that the electric version will offer AWD as well.

We look forward to hearing more about both the hybrid and the electric model within the next few months as Chevy prepares to offer a broader Corvette lineup than ever before.

Joey CapparellaDeputy Editor, Rankings Content

Despite being raised on a steady diet of base-model Hondas and Toyotas—or perhaps because of it—Joey Capparella nonetheless cultivated an obsession for the automotive industry throughout his childhood in Nashville, Tennessee. He found a way to write about cars for the school newspaper during his college years at Rice University, which eventually led him to move to Ann Arbor, Michigan, for his first professional auto-writing gig at Automobile Magazine. He has been part of the Car and Driver team since 2016 and now lives in New York City.