Chevrolet revealed the primary electrified Corvette in January within the type of the 2024 Corvette E-Ray.
It goes on sale later this 12 months however the rights to the primary instance, the automotive with a VIN ending in 001, have already been bought.
The rights have been put below the hammer at Barrett-Jackson’s public sale that befell over the weekend in West Palm Seaside, Florida, and the ultimate value paid was $1.1 million. That is greater than 10 occasions the automotive’s beginning value of $104,295.
All proceeds from the sale will likely be donated by Chevy to DonorsChoose, a charity that allows people to donate on to public college classroom initiatives.

2024 Chevrolet Corvette E-Ray
Equally, the rights to the first 2023 Corvette Z06 have been bought by way of charity public sale final 12 months for $3.6 million, and previous to that the rights to the first C8-generation Corvette have been bought for $3 million. In each instances the customer was Rick Hendrick, chairman and CEO of Hendrick Automotive Group. The identification of the newest purchaser hasn’t been revealed.
The Corvette E-Ray shares its wide-body design with the Corvette Z06, however its powertrain may be very totally different. The automotive combines the Corvette Stingray’s 6.2-liter V-8 with a single electrical motor for a mixed 655 hp. The motor is mounted on the entrance axle, which additionally makes this the primary Corvette with all-wheel drive.
Whereas the height output is 15 hp shy of the Z06, the E-Ray sprints from 0-60 mph 0.4 seconds faster at simply 2.5 seconds. It additionally covers the quarter mile in 10.5 seconds, a tenth faster than the Z06.
A convertible physique type can be out there, and it is priced from $111,295. It is doable the rights to the primary E-Ray convertible can even go below the hammer.