Business Maverick: GM’s Corvette Is Going Electric

that the automaker’s nearly 70-year-old sports car will offer a hybrid model as soon as next year with an electric motor and gasoline engine. An all-electric version using GM’s Ultium battery will follow, though he didn’t specify a timeline.

“We will offer an electrified and a fully electric, Ultium-based Corvette in the future,” Reuss wrote. “In fact, we will offer an electrified Corvette as early as next year.”The Detroit carmaker has been working on expanding the Corvette line, including a crossover SUV, according to people familiar with the matter, as it transitions to an all-electric future. But Reuss’s post was the first time GM has officially confirmed plans for an electrified Corvette model.

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