General Motors unveiled the all-new 2024 Chevy Corvette E-Ray in January, pulling the sheets on the first-ever hybrid-powered, all-wheel drive production model to wear the storied Chevy Corvette nameplate. Now, it’s been announced that the first-ever retail production 2024 Corvette E-Ray will be up for grabs in an upcoming auction.
Barrett-Jackson will host the auction during its upcoming event in Palm Beach, Florida, with 100 percent of the proceeds set for donation to charity.
For those readers who may have missed it, the 2024 Chevy Corvette E-Ray cradles the same naturally aspirated 6.2L V8 LT2 gasoline engine as the C8 Corvette Stingray, rated at 495 horsepower and 470 pound-feet of torque. However, the E-Ray combines the mid-mounted ICE with a front-mounted electric motor that generates an additional 160 horsepower and 125 pound-feet of torque, bringing total combined output to 655 horsepower. While the V8 drives the rear wheels, the electric motor powers the front wheels, blessing the 2024 Corvette E-Ray with all-wheel drive grip. The sprint to 60 mph is estimated at just 2.5 seconds, while the quarter mile is dispatched in 10.5 seconds at 130 mph.
Now, the first-ever retail production 2024 Corvette E-Ray will cross the block at the Barrett-Jackson auction event in Palm Beach, set to kick off April 13th at the South Florida Fairgrounds. Sporting VIN 001, the model on offer will be the range-topping 3LZ trim level. One-hundred percent of the auction proceeds will be donated to DonorsChoose, a non-profit organization that benefits public school classroom projects in the U.S., providing students with the tools and experiences needed for a great education.
The first retail production 2024 Corvette E-Ray will be sold at no reserve. It’s unclear at this time exactly how high the final bid will go, but judging by previous “first-ever” Corvette auctions, a seven-digit figure is definitely within reach. For example, the first retail 2023 Corvette Z06 fetched $3.6 million at a Barrett-Jackson event in Arizona early last year.