GM reveals Corvette EV concept car as it reconfirms Europe commitment


An angle view of the new Chevrolet Corvette concept car.

GM

DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England.

The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but it does pay some homage to the American sports car in featuring a split window design from the 1963 Sting Ray model, among other design elements.

GM said the new concept — which is a “design study” not intended to be a production model — and design studio show the Detroit automaker’s continued “commitment to Europe as the company scales its Cadillac electric vehicle business there, while also preparing to launch Corvette sales” across the region.

The Corvette concept and U.K. design center opening come at an inopportune time as the U.S. and the world’s largest automotive markets partake in a trade war with tariffs, including between America and Europe. 

The front view of GM’s new Chevrolet Corvette concept car.

GM

GM is attempting to reenter Europe after selling off its Opel European division to then-PSA Groupe, now part of Stellantis, in 2017.

Automakers routinely use concept vehicles to gauge customer interest, showcase future technologies and signal the direction of a vehicle or brand.

GM said Monday the U.K. concept is part of a global design project involving multiple studios that will see additional Corvette concepts revealed throughout 2025. The carmaker has other design studios in or near Detroit; Los Angeles; Shanghai; and Seoul, South Korea.

The side view of GM’s new Chevrolet Corvette concept car.

GM

Don’t miss these insights from CNBC PRO



View Original Source Here

You May Also Like

Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup

In this article PTON Peloton on Monday announced the resignations of two…
NHL CEO, other Latino executives found Latinos in Sports platform

NHL CEO, other Latino executives found Latinos in Sports platform

Xavier Gutierrez, CEO of the Arizona Coyotes and CEO of ImpactX Sports…
UniCredit earnings Q4 2024

UniCredit earnings Q4 2024

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but…
Trustee says  million of customer savings is missing

Trustee says $85 million of customer savings is missing

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a…