Could there be an electric Corvette SUV in the future?
Rumors circulating out of Detroit suggest that Chevy is planning to morph Corvette into something of a sub-brand, with the current sports car as its flagship. But since two-door ‘Vettes are hardly practical — and they don’t sell in big numbers — the company may be working on a sporty SUV with electric power, which it would market under the Corvette banner.
Bloomberg reports that the electric Corvette SUV could come as soon as 2025.
General Motors, the parent company of Chevrolet, has committed to an electric future. The automaker unveiled a slew of planned electric vehicles and hinted rather unsubtly about even more to come. At the top of the range is a revival of the Hummer name, which is slated to arrive this fall as the 2022 GMC Hummer EV electric SUV.
Any move to broaden the Corvette brand would be almost in parallel with Ford, which recently introduced the electric Mustang Mach-E SUV. The electric SUV shares Mustang-like design cues and has been tuned to deliver zippy handling in a package capable of seating five passengers.
Ford’s Mustang Mach-E is relatively inexpensive for an electric car, starting under $43,000 before any federal, state, or local incentives. Since most buyers qualify for a $7,500 federal tax credit, the Mach-E’s roughly $36,500 base price puts it in line with a moderately-equipped Mustang coupe.
The Corvette sports car, pictured here, offers a healthy dose more performance than the Mustang, as it should for a vehicle that starts at nearly $60,000.