View All Media
By Colin Ryan
Updated January 30, 2025
The Chevrolet Corvette continues to sharpen the cutting edge of American supercar culture with the arrival of the electron-enhanced E-Ray model for the 2024 model year. Pricing starts at $69,995.
Four years after this generation debuted, 70 years after the first Corvette launched, Chevrolet is making waves with a different approach. Not content to merely relocate the engine from its traditional spot up front to a mid-mounted position (just like Ferrari and Lamborghini supercars), the company announces the E-Ray — a Corvette with a hybrid drivetrain and all-wheel drive (AWD).
The addition of an electric motor driving the front wheels along with a gasoline V8 turning the rears brings a total of 655 horsepower (just 15 fewer horses than the awesome Z06 model) and fearsome acceleration.
The 2024 Corvette E-Ray goes on sale at some point in 2023. It comes as a coupe with a removable roof (like the rest of the Corvette coupes) or in true convertible form.
The buzz is all about the 2024 Corvette E-Ray with eAWD, meaning an electronic form of all-wheel drive, thanks to a front-mounted electric motor. Chevy claims it’s the quickest Corvette ever, sprinting from standstill to 60 mph in a breathtaking 2.5 seconds and completing the quarter-mile in 10.5 seconds.
It also has an electric-only Stealth mode operating up to 45 mph, so drivers can leave the house early (and/or come back late) without annoying the neighbors with that magnificent V8 rumble. The AWD aspect makes the Corvette more of a year-round car. The low ride height won’t be much help if the snow piles up, but the E-Ray certainly isn’t just for fair-weather forays.
The new Corvette E-Ray comes with the same wide-body treatment as the Z06. It also offers full-length stripes (in Electric Blue) as well as black wheels made of light-yet-strong carbon fiber.
As for the regular Corvette Stingray, it gets several improvements to its safety and infotainment tech. It adds a host of standard driver assistance tech features like automatic emergency braking, automatic high beams, lane-keep assist, and a following distance indicator. Also, the infotainment system now has Google built-in making it as easy to use as an Android phone or tablet. 2024 also brings new aesthetic options for paint, wheels, stripes, and more.
The 2024 Chevrolet Corvette has a starting sticker price of $69,995, with the range-topping Corvette Z06 kicking off at $111,795. But Kelley Blue Book Fair Purchase Pricing currently suggests paying $4,662 to $6,151 less than MSRP, depending on trim and equipment. These prices are updated weekly.
MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$69,995 | $64,983 | |||
$106,595 | $100,444 | |||
$111,795 | $107,133 |
Before buying a new Corvette, check the Kelley Blue Book Fair Purchase Price to know what you should be paying. The Corvette’s famously strong value proposition extends to exceptionally strong resale values.
Before we get to the E-Ray, let’s quickly reacquaint ourselves with the regular Corvette, the thrill machine that has speed and handling to rival far more expensive supercars. Yet it’s not temperamental or uncomfortable. It’s just plain awesome.
The composite body helps achieve a wonderful power-to-weight ratio. Because of its hardware, the new E-Ray is heavier than a regular Corvette. But it’s also faster in the sprint to 60 mph and has its traction optimized by all-wheel drive (a first for a Corvette). The E-Ray also comes with an adaptive suspension and Brembo carbon-ceramic brakes as standard.
Artemis Dipped is a wacky name. It’s what Chevrolet calls its new color scheme devised especially for 2024 Corvettes. “Deep green tones on nearly every interior surface” is how Chevy describes it.
The Corvette isn’t one of those sports cars where only jockey-sized drivers can fit. It will accommodate those of a larger stature, up to a reasonable point. Materials are classy, especially in the higher trims, and the flat-bottomed/flat-topped steering wheel works just as it should.
Despite an electric motor up front in the E-Ray, there’s still some storage space under the hood to go with the small trunk out back that has room for two sets of golf clubs.
Wireless Apple CarPlay/Android Auto
Because when you jump into a Corvette, you just want to drive off and not fiddle with cables. It also means that phones don’t have to be fished out of pockets or purses.
Head-up display
This projects crucial information onto the windshield directly in front of the driver. It means less distraction and taking attention away from the road. It also kind of makes you feel like a fighter pilot.
Front curb-view camera
Well worth having because it could save scraping those lovely, pricey alloy wheels against the curb.
Front lift
This optional feature provides a little extra ground clearance at maneuvering speeds to protect the front lip from damage when negotiating uneven ground, speed humps, etc. It even has memory settings.
Brembo brakes
Available as an option in some trims and standard in others, Brembo is a renowned third-party supplier of high-quality brakes whose client list also includes Ferrari and a whole ton of racing teams.
Pick it up in Kentucky
Buying a new Corvette is a special occasion after all, so clients have the option of picking up their car from the Corvette Museum in Bowling Green, Kentucky.
Every Corvette comes with a mid-mounted V8 engine driving the rear wheels. The Stingray versions have a 6.2-liter unit generating 490 horsepower and 465 lb-ft of torque from a diet of regular gasoline.
The Z06 models employ a hand-assembled, premium-gasoline-using 5.5-liter V8 (with a lightweight flat-plane crankshaft, forged aluminum pistons and forged titanium connecting rods) tuned to produce a massive 670 horsepower, along with 460 lb-ft of torque. Considering torque is perceived through thrust, then the Stingray is hardly an under-performer.
The new E-Ray takes the 6.2-liter V8, boosts output to 495 horsepower and 470 lb-ft of torque, then augments it with an electric motor driving the front wheels with power provided by a lithium-ion battery. Together, they endow the car with 655 horsepower.
The motor applies 125 lb-ft of torque up front. Its battery receives electricity through braking and coasting. It does not need to be recharged by an outside source.
The transmission is an automated, dual-clutch unit with eight forward gears.
Corvette Stingray
6.2-liter V8
490 horsepower @ 6,450 rpm (495 w/performance exhaust)
465 lb-ft of torque @ 5,150 rpm (470 w/performance exhaust)
EPA city/highway fuel economy (2023): 16/24 mpg
Corvette Z06
5.5-liter V8
670 horsepower @ 8,400 rpm
460 lb-ft of torque @ 6,300 rpm
EPA city/highway fuel economy (2023): 12/21 mpg, 12/19 mpg (w/Carbon Aero package)
Corvette E-Ray
6.2-liter V8/electric motor
655 total system horsepower
EPA city/highway fuel economy: TBA
Chevrolet’s new-vehicle warranty lasts for three years or 36,000 miles, whichever happens first. Powertrains are covered for five years or 60,000 miles. Chevrolet usually covers hybrid components and batteries for eight years or 100,000 miles. The first service is usually free as well.
The 2024 Chevrolet Corvette is in the top 11-25% for Cost to Own among all Compact Cars.
Fuel Capacity | 18.5 gallons | ||
---|---|---|---|
Front Head Room | 37.9 inches | ||
Front Leg Room | 42.8 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 182.3 inches | ||
Front Shoulder Room | 54.4 inches | ||
Trunk or Cargo Capacity | 12.6 cu.ft. | ||
Wheel Base | 107.2 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 2 doors | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 16 mpg | ||
---|---|---|---|
Highway | 25 mpg | ||
Combined | 19 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Regular | ||
Dual-Clutch Automatic Transmission | Available | ||
Limited Slip Differential | Available | ||
Parking Assist System | Available |
Horsepower | 490 @ 6450 RPM | ||
---|---|---|---|
Torque | 462 @ 5150 rpm | ||
Engine | V8, 6.2 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 6 years / 100000 miles |
Airbags
There isn’t a lot of advanced safety technology in the latest Corvette, but at least the two occupants have front and side airbags.
Rear camera mirror
This replaces the conventional rearview mirror with a small screen showing the feed from a rear-facing camera. There’s never a lot of rearward vision with a mid-engined supercar, but this feature brings a better view than the small back window can provide.
Blind-spot monitoring
Chevrolet calls it Side Blind Zone Alert. Either way, it’s enhanced with rear cross-traffic alert and helps a driver keep aware of what’s going on around the car.
New 2024 Chevrolet Corvette | New 2024 BMW 4 Series | New 2024 Audi S5 | New 2025 BMW i4 | ||
---|---|---|---|---|---|
Price | $69,995 | $64,045 | $65,695 | $63,475 | |
KBB.com Rating | 4.7 | 4.4 | 4.3 | 4.6 | |
Consumer Rating | 3.7 | 5.0 | 4.7 | 5.0 | |
Fuel Economy | City 16/Hwy 25/Comb 19 MPG | City 22/Hwy 31/Comb 25 MPG | City 21/Hwy 29/Comb 24 MPG | City 99/Hwy 103/Comb 101 MPGe | |
Fuel Type | Gas | Gas | Gas | Electric | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | $89,457 | N/A | $90,016 | N/A | |
Seating Capacity | 2 | 4 | 4 | 5 | |
Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
Horsepower | 490 @ 6450 RPM | 382 @ 5800 RPM | 349 HP | N/A | |
Engine | V8, 6.2 Liter | 6-Cyl, Turbo, 3.0 Liter | V6, Turbo, 3.0 Liter | Dual AC Electric Motors | |
Drivetrain | RWD | AWD | AWD | AWD |
Chevrolet drivers broke track records at five prominent American race tracks in the 2025 Corvette ZR1, using only stock parts.
Chevrolet has ordered dealers to stop selling Corvette models temporarily and issued a recall for 13,464 of the sports cars…
Car shopping is nerve-wracking. The right purchase can protect your finances, make you smile when you see it, feel like…
The powerful new 2024 Chevrolet Corvette E-Ray starts at $106,595. The 2024 Corvette starts at $69,995.
The Corvette E-Ray is scheduled to go on sale toward the end of 2023.
Chevy says the Corvette E-Ray will launch from 0-60 mph in a scant 2.5 seconds, and complete the quarter-mile in just 10.5 seconds. All-wheel drive and 655 horsepower is a powerful combination.
The 2024 Chevrolet Corvette is a good buy for most High Performance Car shoppers. It gets strong ratings from our experts and most buyers are paying less than sticker price.
2024 Chevrolet Corvette city/highway fuel economy ratings range from 12/21 mpg to 16/25 mpg, depending on trim and equipment.
A 2024 Chevrolet Corvette should cost between $64,983 and $107,133 according to Kelley Blue Book Fair Purchase Pricing.
The cheapest 2024 Chevrolet Corvette is the Stingray, with a starting sticker price of $69,995 and a Kelley Blue Book Fair Purchase Price of $64,983.