There are new reports that Chevrolet Corvette could be transformed into a standalone brand, starting with an electric sedan – previously rumoured to be a Camaro – followed by an SUV.
An electric Chevrolet Corvette is coming – but it might not be in the form many would expect – according to a new overseas report.
But US website Muscle Cars and Trucks, citing company insiders as sources, claims these will not be separate vehicles, but rather one car: an all-electric Corvette sedan, due in showrooms “by mid-decade” as a rival for the Porsche Taycan.
If the report proves accurate, it would bring to fruition long-running rumours of a standalone Corvette brand, with a range of models of different shapes and sizes to complement the iconic V8 sports car.
Muscle Cars and Trucks claims the electric Corvette sedan could be followed by an electric Corvette SUV (imagined below) – due at a later date, to create “breathing room” for the just-revealed 412kW electric Chevrolet Blazer SS EV SUV.
The current-generation ‘C8’ Corvette will not be offered with an electric variant, the website claims, with the sports car’s electrification efforts to be limited to a pair of hybrids, set to badged E-Ray and Zora, the first of which is due early next year.
The next-generation ‘C9’ Corvette – due some time after 2025 – is slated to have an electric option, ahead of a plan by General Motors to offer only electric vehicles across its passenger-car range by 2035.
Few details of the new electric Corvette spin-offs have been revealed, however the well-connected US website believes both vehicles will be underpinned by GM’s new Ultium battery architecture.
The sedan may share parts of its architecture wth the upcoming Cadillac Celestiq, the new flagship model of the Cadillac brand, according to Muscle Cars and Trucks.
The website says the Corvette name has been deemed “more logical” than Camaro for the new electric super-sedan, given the high level of performance expected in a vehicle that could rival the Porsche Taycan electric car.
Rumours of the establishment of a Corvette sub-brand within Chevrolet have been around for years.
Most recently, in early 2021, it was rumoured an electric Corvette SUV – styled similarly to a Ford Mustang Mach-E or Lamborghini Urus – was under consideration.
At the time, news agency Bloomberg reported GM was “working on several Corvette-brand concept vehicles that target a wider range of buyers” – and plans for a Corvette sub-brand had been considered “on and off for about 20 years”.
Some analysts have previously valued the Corvette brand at up to $US12 billion ($AU17.3 billion), with an expanded model range including an SUV.
General Motors has provided a glimpse at what an electric Corvette could look like, posting a sketch of an aggressively-styled sports SUV to its design centre’s Instagram page (two images above, in red), with a black ‘side blade’ reminiscent of the current C8 Corvette coupe.