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HomeBusinessWatch: GM unveiled the new Chevy Corvette E-Ray hybrid sports car with...

Watch: GM unveiled the new Chevy Corvette E-Ray hybrid sports car with pricing tag at more than $100,000

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Chevy Corvette E-Ray. Credit GM

The 2024 GM Chevy Corvette E-Ray is the first Vette with all-wheel drive and a hybrid powertrain. The E-front-mounted Ray’s electric motor generates 160 horsepower, while the mid-mounted 6.2-liter V-8 generates 495 horsepower. It’s not the first time this has happened, but it’s the first time it’s happened this way.

The 495-hp version of the 6.2-liter pushrod V-8 inherited from Stingray powers the E-Ray. The engine, known as the LT2, sends power to the rear wheels via an eight-speed dual-clutch automatic transmission, but there’s also a front-mounted electric motor with 160 horsepower and 125 pound-feet of torque. The drive unit is said to be the size of a 12-pack, with a magnesium casting and an E-Ray-specific oil cooler hidden behind the driver’s side front bumper. The hybrid setup produces 655 horsepower and is an all-wheel-drive system. WebFans are super excited.

Chevy Corvette E-Ray. Credit GM

The E-electrical Ray’s components, according to Chevy, add approximately 300 pounds to the curb weight of the Corvette Z06 coupe and convertible; the hybrid is available in both body styles. Based on our measurements of a 3666-pound Z06 coupe and a 3799-pound Z06 convertible, the E-Rays will most likely weigh between 3966 and 4099 pounds. That also means the E-Ray will be the first Corvette to weigh more than two tons, making it the heaviest model ever.

 

The E-one-of-a-kind Ray’s hybrid powertrain is accompanied by a slew of exclusive features and hardware normally reserved for hardcore Z06 owners. The hybrid not only inherits the track-focused car’s massive hips, which are 3.6 inches wider than the Stingray’s, but it also includes carbon-ceramic brakes as standard.

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The base 1LZ coupe will start at $104,295 when the 2024 Corvette E-Ray goes on sale later this year. That’s nearly $40K more than the base price of the 2023 Stingray coupe and $7000 less than the base price of the 2023 Z06 coupe. The E-Ray convertible adds $7000 to the base price of $111,295 for the 1LZ trim.

CWEB GM StockChart – 2023-01-17

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Ford creates new pickup with new roomy hybrid 2022 Maverick truck

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