GM to offer electrified Corvette as early as next year

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General Motors says it will be offering an electrified Corvette as early as next year as it continues to strengthen its foothold in the electric vehicle market.

Earlier this month GM and Honda announced that they are planning to co-develop some affordable electric vehicles that will use GM’s next-generation Ultium battery technology.

The vehicles, which will include a compact Chevrolet Equinox SUV that will sell for around $30,000. It's expected to go sale in North America next year. In January GM said that it plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant.

GM has set a goal of building only electric passenger vehicles by 2035. It has pledged to have 30 electric vehicle models for sale globally by 2025.

 

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