- The 2024 Chevy Corvette E-Ray coupe has a starting price of $104,295; the convertible adds $7000 and starts at $111,295.
- That targa-topped E-Ray is nearly $40,000 more than the base Stingray coupe, which starts at $65,895.
- The new E-Ray is a 655-hp all-wheel-drive hybrid that's slated to go on sale later this year.
The 655-hp hybrid all-wheel-drive 2024 Chevrolet Corvette E-Ray will require customers to cut a significantly bigger check compared with the base C8 Corvette Stingray. Not only does the E-Ray's $104,295 starting price enter six-figure territory, but it's nearly as expensive as the track-focused Z06 model, which opens at $109,295.
Opting for the convertible hybrid will cost even more, as the droptop E-Ray starts at $111,295 for the base 1LZ trim. That $7000 price gap is the same one that separates the Z06 coupe from the convertible, which has a base price of $116,295.
Both E-Ray variants are offered with multiple option packages. A Performance package, for instance, includes Michelin Pilot Sport 4S summer tires (Michelin Pilot Sport all-seasons are standard) and other upgrades. There are also stripe packages and carbon-fiber appearance packages that will raise the bottom line even further. However, Chevy has yet to release detailed pricing for those options.
To offset the price discrepancy somewhat, the Corvette E-Ray comes standard with features that are otherwise optional on the base Stingray. The list includes magnetorheological dampers (an $1895 option on the 2023 Stingray) and carbon-ceramic brakes (available only on the Z06). The E-Ray's 160-hp electric boost counts for something too, as the hybrid uses the same gas-fed 6.2-liter V-8 as the Stingray but adds a front-mounted electric motor to the mix—bringing the powertrain's combined output to a lofty 655 horsepower.
Chevy hasn't yet started taking orders for the 2024 Corvette E-Ray, but the company says it will go on sale later this year.
Despite being raised on a steady diet of base-model Hondas and Toyotas—or perhaps because of it—Joey Capparella nonetheless cultivated an obsession for the automotive industry throughout his childhood in Nashville, Tennessee. He found a way to write about cars for the school newspaper during his college years at Rice University, which eventually led him to move to Ann Arbor, Michigan, for his first professional auto-writing gig at Automobile Magazine. He has been part of the Car and Driver team since 2016 and now lives in New York City.
