2023 Chevy Corvette E-Ray: Release Date, Price, and Specs

Earlier this week, GM confirmed that it will build hybrid and all-electric versions of the Chevrolet Corvette, the iconic sports car that’s been cherished across multiple generations. Details are sparse about the electrified models, but the hybrid version is rumored to be called the E-Ray. Find out the release date, price, and specs of the 2023 Chevy Corvette E-Ray.

When will the 2023 Chevy Corvette E-Ray be released and available?

Side view of camouflage-wrapped 2023 Chevy Corvette E-Ray, highlighting its release date and price
2023 Chevy Corvette E-Ray | Chevrolet via YouTube

The release date of the 2023 Chevy Corvette EV will likely be in early 2023. It will be available for sale at Chevrolet dealerships throughout the United States, as well as in various international markets. For pre-order/reservation information, stay tuned.

How much does the 2023 Chevy Corvette E-Ray cost?

GM didn’t yet release the price information of the 2023 Chevy Corvette E-Ray. However, considering that hybrids like the E-Ray often cost more than their gas-engine counterparts, the 2023 Corvette E-Ray will probably cost slightly more than the 2022 Corvette Stingray. The starting price of the 2022 Corvette Stingray is $60,900 MSRP for the Coupe version and $68,400 MSRP for the Convertible version.

2023 Chevy Corvette E-Ray specs: Hybrid engine

Front view of camouflage-wrapped 2023 Chevy Corvette E-Ray, highlighting its release date and price
2023 Chevy Corvette E-Ray | Chevrolet via YouTube

Nothing is official yet for the details and specs of the hybrid powertrain in the 2023 Chevy Corvette E-Ray. However, MotorTrend “heard that the E-Ray will adopt a pair of front-mounted electric motors, which will provide low-speed motivation, as well as an extra kick in various performance scenarios.” Behind the cabin, there will be an internal combustion engine. The layout is similar to the recently discontinued BMW i8. Also, with the electric motor and gas engine combination, the Corvette E-Ray will be all-wheel drive.

The 2023 Corvette E-Ray will probably utilize the same 6.2-liter V-8 engine that’s in the regular C8 Corvette Coupe and Convertible. With the added power of the electric motors, the E-Ray will likely have a greater output than the regular C8’s 495-hp and 470 lb-ft of torque. Its output will slot it between the regular C8 Stingray and the high-performance Z06. 

Also, with its electric motors, the Corvette E-Ray should get better fuel economy than the Corvette Stingray (up to 16 city/24 highway mpg). Additionally, “GM could detune the engine” for greater efficiency.

Corvette Zora: Hybrid version of the Corvette Z06

Speaking of the Corvette Z06, there’s a strong possibility that it could have a hybrid version as well. A hybrid version could have the two electric motors paired with “a twin-turbocharged variant of the Z06’s flat-plane crank V-8.” The output of the Corvette Z06 Hybrid will probably be over 900 hp. MotorTrend indicated that it could be called the Corvette Zora, named after GM engineer Zora Arkus-Duntov, the “Father of the Corvette.”

2023 Corvette E-Ray design: What does it look like?

GM didn’t yet officially confirm the design of the 2023 Corvette E-Ray. However, in its announcement about plans for hybrid and all-electric models, it released a short teaser video of a camouflage-wrapped Corvette doing cold-weather testing. Considering that you can hear the roar of an engine, the Corvette in the video is likely the E-Ray Hybrid. 

As more information becomes available about the 2023 Chevy Corvette E-Ray, we’ll provide updates. This includes:

  • Debut date
  • Official release date
  • Official price information with the cost for each trim
  • Images and videos
  • Official specs, including horsepower/torque, top speed, 0-60 mph acceleration time, and MPG fuel economy
  • Color options
  • Features and technologies
  • Warranty coverage
  • Pre-order/reservation information

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