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GM Releasing Electric Corvette After Biden Invests Big In Charging Stations

GM has announced it is releasing an electric Corvette months after President Biden signed laws to install thousands of charging stations.

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GM has announced it is releasing an electric Corvette months after President Biden signed laws to install thousands of charging stations.

“General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car, GM President Mark Reuss said Monday.

Reuss said the automaker will continue to manufacture traditional models with internal combustion engines alongside the electrified models. He declined to disclose when the all-electric Corvette would be released or whether the “electrified” model would be a traditional hybrid or plug-in hybrid electric vehicle.

“We will have an electrified Corvette next year, so it’s coming very quick,” Reuss told CNBC’s Phil LeBeau during an interview on “Squawk Box.” “This is in addition to all of the great performance that Chevrolet and Corvette have been known for, for many, many years with our internal combustion engines.”” [READ MORE]

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