Corvette C7-Based Electric Sports Car Will Cost $750,000

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The next all-electric Genovation GXE will be based on the Chevrolet Corvette C7 and will have a price tag of $750,000.

The current Genovation GXE is based on the Corvette Z06 and features an all-electric powertrain that has a 44-kWh battery pack, near 50/50 weight distribution and an electric motor providing around 600 horsepower and 600 pound-feet of torque. As a result, the all-electric sports car reaches 60 mph from a standstill in less than three seconds and has a driving range of about 130 miles (209 kilometers).

Its successor looks to improve on those stats, starting with the Corvette C7 as a foundation. With improved battery management, the next-generation model looks to boost performance to 660 hp, while torque will remain the same. The company will also use green composites for the exterior body panels, while the interior will be uniquely designed for each unit. Expect it to also be lighter, since the C7 Corvette itself is lighter than the C6.

SEE ALSO: 2017 Chevrolet Corvette Grand Sport Review

Genovation says the next model will be limited to 75 units and those interested will have to pony up $250,000 to reserve one. Genovation expects to begin deliveries for its next model by the end of 2019.

Watch a video below from earlier this year when the current Genovation GXE set a land speed record for a street-legal all-electric car by hitting 205.6 mph.

Discuss this story on our Chevrolet Corvette Forum

  • Austin Lange

    $750,000?!?!?
    You could buy 5 of Tesla’s Model S 90D for that price!
    0-60 in under 3 seconds……again the Tesla beats that, with four doors and a trunk!
    I can’t believe they have the audacity to charge that much for a car that is. Itching more than a pile of engineering workarounds rather than a purposely designed EV car.

  • Hugh Jorgen

    I’ll take 2.

  • Hugh Jorgen

    And the worst part, it’s a GM product.

  • smartacus

    i’d rather buy an Extra 300

  • Crooklynz_King

    They can’t be serious, with 750k I can get a GTR, Hellcat Challenger, BMW M5, a Tesla and still have enough for a nice house.