Car Culture

Would you pay $750,000 for a 200-mph electric Corvette?

Genovation wants to put its world-record electric Corvette into the public's hands, but it won't be cheap.

If you're paying $750,000, you may as well get a car based off the current Corvette, not the old one.

Genovation

The fastest street-legal electric car in the world wasn't put together by a billion-dollar automaker. It's the handiwork of Genovation, a small company with big aspirations. Now, it's planned a limited run of these speed demons, but all those miles per hour don't come cheap.

The Genovation GXE is a battery-electric, sixth-generation Chevrolet Corvette Z06. Packing a 44-kWh battery pack and electric motors that produce more than 660 horsepower and 600 pound-feet of torque, the car is capable of 205.6 mph, a speed that earned Genovation a world record. Range is about 130 miles, but not at 205.6 mph, natch.

Now, Genovation wants to bring the GXE to the public. It plans on building 75 examples of the car, at a cool $750,000 each. The renderings the company released are based on a newer Corvette, so it looks a fair bit prettier than the model Genovation's been running. Its price is more than 10 times that of a regular Chevrolet Corvette, but it's a quarter-mill cheaper than Audi's now-canceled R8 e-tron, so it's kind of a bargain?

If you've got the scratch, be prepared to exercise your greatest virtue -- patience. Genovation won't be shipping these cars until the last quarter of 2019, since design will take about two years to complete, followed by a whole year to actually build the thing. But once you have it in your driveway, you'll earn the admiration of Tesla speed freaks everywhere, since their cars are electronically limited to 155 mph.