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Chevy Reportedly Axes Plans for the Corvette SUV and EV

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Chevy Reportedly Axes Plans for the Corvette SUV and EV

It seems like the Corvette will remain a line of V-8 sports cars, as the rumored expansion of the brand to include other models is no longer in the cards.

The imagined future of a broad lineup of Corvette-badged SUVs, sedans, and electric vehicles that some of us dreamed about—or perhaps dreaded—is no longer set to become a reality. GM’s long-rumored plans to build out the Corvette brand as a broader lineup have been shelved, according to a report by GM Authority citing sources within the company.

We’ve been discussing the possibility of a Corvette SUV for years now, and this Porsche Cayenne–fighting model appears to be the most significant casualty of this news. Electric power had also been discussed for a future Corvette, and Chevrolet does currently offer two hybrid powertrains in the C8 Corvette, but it now sounds like GM’s upcoming electric-vehicle platforms won’t be making their way into any models with a Corvette badge. The report even mentions rumors of a four-door Corvette sedan that now isn’t likely to ever see the light of day.

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This potential Corvette spin-off series could have been a cash cow for GM, much like how the large sales volumes and profits of Porsche’s SUV models help fund its sports-car development. But perhaps GM’s decision hinges on the softer demand for EVs lately, or the backlash it anticipated from Corvette loyalists who might think that offering a Corvette-badged SUV sullies the iconic name.


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