GM unveils new hybrid Corvette with $104K pricetag

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GM unveils new hybrid Corvette with $104K pricetag
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The fastest Corvette ever made comes out later this year, and it’s not powered solely by a howling V8.

The E-Ray is a gas electric hybrid, the first all-wheel-drive version of Chevrolet's storied sports car with the front wheels running on an electric motor the traditional 6.2-liter V8 powering the back.

Tadge Juechter, the Corvette's executive chief engineer, said people would ask for the best version of the car, only to wind up a “track monster” that they're trying to drive every day. “For the same money you can get all-wheel-drive, and comfort, security, and the livability that comes with a car like this,” he said. “We've really divided the family into pure track and to everyday utility.

Unlike most hybrids, it’s not really made for efficiency, although will get a little better city mileage than a standard Stingray at 16 mpg. But because of higher mass and air drag, it will do worse than the standard Corvette’s 24 mpg on the highway. The electric motor adds 160 horsepower to the 495 generated by the V8, for a total of 655. Both systems come on at once for maximum acceleration.

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