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Is Anyone Going To Pay $750,000 For This Electric Corvette?

Maybe if it turns out to be the fastest EV in the world.

A few months ago, a company called Genovation turned a C6-generation Corvette Z06 into the fastest electric car in the world. That car registered a top speed of 205.6 mph driving on NASA's landing strip at the Kennedy Space Center in Florida. Now, the company has turned its sights on the C7 Corvette and will again attempt to capture the EV top speed record. Electric cars typically aren't known for their top-end speed. The Tesla Model S, for example, is limited to 155 mph in an attempt to protect its battery. It also won't stay at 155 mph for long.

No one knows how long a Tesla's battery life would last at 155 mph. Likewise, the Corvette GXE, which only has a 44 kWh battery, may have a very short range. Considering that Tesla now sells a 100 kWh battery, the Corvette won't really be a practical competitor.

This electric Corvette faces another issue, the price. Genovation will only produce 75 examples of the Corvette GXE, and each one will cost $750,000. That means you could buy 10 gas-powered Corvettes for the same price. What's even more worrying are claims that a de-limited Model S would probably be able to keep up with the Corvette on a top speed run. If you are still interested, you'll have to plunk down $250,000 for a deposit for a 2019 delivery. We would pass on this car because there will be better EV options out there.

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