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How much will the 2024 Corvette E-Ray cost?

The 2024 Corvette E-Ray, Chevrolet's first-ever hybrid Corvette model, is expected to carry a starting price of around $80,000 to $90,000 when it hits the market. This new electrified version of the iconic sports car will offer a blend of performance and efficiency, appealing to both traditional Corvette enthusiasts and eco-conscious buyers.


Powertrain and Performance


The 2024 Corvette E-Ray will feature a hybrid powertrain that combines a traditional V8 engine with an electric motor. The gasoline-powered engine is expected to be the same 6.2-liter LT2 V8 found in the current Corvette Stingray, producing around 495 horsepower. The electric motor will add an additional 160 horsepower, resulting in a combined output of approximately 655 horsepower. This will make the E-Ray the most powerful Corvette model to date, with impressive acceleration and top speed capabilities.


Fuel Economy and Electric Range


The hybrid powertrain in the 2024 Corvette E-Ray is expected to provide a significant boost in fuel efficiency compared to the standard Corvette Stingray. Estimates suggest the E-Ray could achieve up to 30 miles per gallon in combined city and highway driving, a notable improvement over the Stingray's 19 mpg. Additionally, the E-Ray will offer a limited all-electric driving range, likely around 20 to 30 miles, allowing owners to commute and run errands without using the gasoline engine.


Design and Features


Visually, the 2024 Corvette E-Ray will feature a similar design to the current Corvette Stingray, with some unique styling cues to differentiate it as the hybrid model. Expect to see distinctive badging, unique wheel designs, and possibly some aerodynamic enhancements to improve efficiency. Inside, the E-Ray will likely offer a similar high-quality interior with advanced technology features, including a large infotainment display, digital instrument cluster, and a range of driver assistance systems.


Availability and Pricing


The 2024 Corvette E-Ray is expected to be available for purchase in the latter half of 2023, with deliveries beginning in early 2024. As mentioned earlier, the starting price is anticipated to be in the range of $80,000 to $90,000, positioning the E-Ray as a premium offering within the Corvette lineup. This price point will make the E-Ray more accessible than the top-of-the-line Corvette Z06, which starts at around $105,000, while still providing a significant performance and technology upgrade over the base Corvette Stingray.

How much is a 2025 e-ray Corvette?


2025 Chevrolet Corvette Features & Specs

Base MSRP Excludes Destination Fee$106,900
Cost to Drive$325/month
Seating2 seats
Cargo Capacity All Seats In Place12.5 cu.ft.
Drivetrainall wheel drive



Is the e-ray faster than the Z06?


The E-Ray is faster from a standstill, with quicker 0−600 minus 600−60 times, but the Z06 is faster on a race track and at higher speeds. The E-Ray's all-wheel-drive and instant electric torque give it a straight-line acceleration advantage, while the Z06's lighter weight and higher top-end power make it superior for high-speed track driving. 
Acceleration (E-Ray is faster) 

  • 0−600 minus 600−60 mph: The E-Ray is consistently quicker, with some tests showing it achieving sub-2.52.52.5-second times, while the Z06 is typically around 2.6−2.82.6 minus 2.82.6−2.8 seconds. 
  • Other stoplight-to-stoplight situations: The E-Ray's instant torque and AWD system provide a significant advantage in this scenario, making it feel faster off the line. 

You can watch this video to see a comparison of the E-Ray and Z06 in a drag race: 54sBrink of SpeedYouTube · Apr 9, 2025
Top Speed and Track Performance (Z06 is faster) 
  • High-speed straights: The Z06's power does not drop off as quickly as the E-Ray's electric motor at higher speeds (above 130130130 mph). 
  • Quarter-mile: The Z06 is faster in the quarter-mile because of its higher top-end speed, although the E-Ray may be quicker in shorter runs. 
  • Handling: The Z06 is considered the better track car because it is lighter and doesn't have the extra weight of a battery, which is a disadvantage on twisty roads. 
  • Top speed: The Z06 has a higher top speed than the E-Ray. 

Which one is right for you?
  • Choose the E-Ray if: You want the quickest acceleration for daily driving and are not planning on frequent track use.
  • Choose the Z06 if: You are a dedicated track enthusiast or prioritize higher top-end speed and superior handling on a race track. 



How much is the 2024 Corvette E-Ray?


$104,900
2024 Chevrolet Corvette Features & Specs

Base MSRP Excludes Destination Fee$104,900
Combined MPG19 MPG
Cost to Drive$325/month
Seating2 seats
Cargo Capacity All Seats In Place12.5 cu.ft.



How many miles per gallon does the 2024 eray get?


The 2024 Chevrolet Corvette E-Ray has an EPA-rated fuel economy of 16 mpg city, 24 mpg highway, and 19 mpg combined. While the hybrid system adds performance, it does not significantly improve fuel efficiency compared to the standard Stingray's non-hybrid model, and real-world results can vary based on driving conditions and modes. 

  • EPA Ratings: The official EPA estimates are 16 mpg city, 24 mpg highway, and 19 mpg combined. 
  • Real-world performance: Some owners report achieving highway mileage in the 20s, often benefiting from the electric motor and cylinder deactivation, especially in touring mode. 
  • Comparison to Stingray: The E-Ray's combined and city MPG are identical to the standard Stingray, though its highway rating is 1 mpg lower (24 mpg vs 25 mpg). 
  • Hybrid role: The E-Ray's electric motor is primarily for performance, not significant fuel savings, and it is not a plug-in hybrid. The small battery is charged by the engine and regenerative braking. 


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.