Genovation Corvette EV to become a real product, costing $750k image

It turns out the Genovation Corvette EV isn’t vaporware after all, with a price to match for not your ordinary C7 Grand Sport thanks to the EV powertrain.

Maryland-based Genovation Cars showed us earlier this year they could improve their own top speed world record for a street-legal electric car as they reached 205.6 mph (330.8 km/h) in a 2006 Z06 Corvette from the C6 generation. They are now looking ahead into the future and announced the development phase for the successor based on the Grand Sport C7- again with an electric powertrain capable of more than 660 hp (492 kW) and 600 lb-ft (813 Nm). And it turns out this will be a series production model with 75 units to be manufactured in a limited series run. It’s going to be called Genovation Extreme Electric, and the EV Vette will have an almost ideal 50:50 weight distribution and a battery pack good for 130 miles (209 km) in normal driving conditions.

That’s not much, but we don’t imagine the GXE to be the globe trotter since it’s all about the bonkers performance experience. They also presented the initial design, which is not all too much different from the actual Corvette, though Genovation will use “innovative green composites and custom interior accouterments” – which might warrant the hefty $750,000 price tag. If you want one of those 75 units you already need to check your bank account because deposits start with a $250,000 pre-order. And you’ll wait a long time – deliveries have been scheduled for the fourth quarter of 2019.