The new model called the E-Ray is a hybrid that goes from 0 to 60 in 2.5 seconds, making it the quickest production Corvette ever.
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The name E-Ray, from the electric ray sea creature, is a play on the Stingray name of the base model. The electric vehicle even has a distinctively designed ray-shaped badge on the trunk's lid.
Unlike some other high-performance hybrid cars, the Corvette E-ray is not a plug-in hybrid. Its 1.9 kilowatt-hour battery pack, mounted in a tunnel that runs between the two seats, is charged as the car slows and brakes and, at times, while the car drives.
But this car will cost you -- prices start at $104,000. For that money, you get a 6.2 liter V8 engine paired with an electric motor that produces a combined 655 horsepower and 595 pounds of torque.
The E-Ray is available as a coupe or hardtop convertible.
Chevy unveiled the car 70 years to the day when they unveiled the first Corvette at the Waldorf Astoria.
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Production is expected to start later this year.
GM has said that it plans to produce only zero-emission passenger vehicles by 2035, a pledge that implies a fully electric Corvette must be offered at some point if the model line is not to die out.
WABC-TV is your home for the New York International Auto Show.
(CNN Wire contributed to this report.)
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