The 2024 Chevrolet Corvette E-Ray has been making headlines for a while, and now, the first retail production model of the highly anticipated vehicle has been auctioned off for an astounding $1.15 million. The winning bidder, who remains anonymous, will have the privilege of owning VIN 001, the first of its kind, once it's built. Not only is this a significant moment for car enthusiasts and collectors, but it's also for a great cause as all proceeds from the auction went to charity.
The auction for the first retail production E-Ray was held by Barrett-Jackson, a well-known auction house that specializes in high-end automobiles. The event took place in Las Vegas, Nevada, and was attended by car enthusiasts from all over the world. The auction started at $250,000, and within minutes, the bids had skyrocketed to $1.15 million, showing just how much people are willing to pay for this historic vehicle.
The Corvette has always been an iconic American sports car, and the E-Ray is the latest version, bringing a new level of innovation and excitement to the Corvette lineup. This particular model boasts a hybrid powertrain, which is a first for the Corvette. The E-Ray combines a 6.2-liter V8 engine with electric motors that work together to deliver a whopping 600 horsepower.
It's not just the hybrid powertrain that makes the E-Ray so exciting. The car also has a host of other features that make it stand out from its predecessors. It has an aerodynamic design that includes a carbon-fiber hood and rear spoiler. The interior is luxurious, with premium leather seats and a 12-inch digital instrument cluster. The car also has a host of advanced safety features, including blind-spot monitoring and rear cross-traffic alert.
It's worth noting that the proceeds from the auction will be donated to the Detroit Children's Fund, a non-profit organization that works to improve education in the Detroit area. This is a fantastic gesture by Chevrolet, and it's heartening to see such a significant amount of money go to a great cause.
In conclusion, the auction of the first retail production 2024 Chevrolet Corvette E-Ray for $1.15 million was an exciting moment for car enthusiasts and collectors. The E-Ray is a fantastic car that combines a powerful hybrid powertrain with advanced safety features and a luxurious interior. The fact that the proceeds from the auction will be donated to charity makes this event even more significant. It's clear that the E-Ray will be a coveted vehicle for years to come, and we can't wait to see what Chevrolet has in store for the future.
Wael is an automotive content writer specializes in creating written content for Motor 283. Producing a wide range of content, including blog posts, articles, product descriptions, reviews, and technical guides related to cars, trucks, motorcycles, and other vehicles, with an unprecedented passion for cars, and motorcycles.
Chevrolet has unleashed the unthinkable in the Corvette ZR1. The King of the Hill returns with the most powerful V8 ever produced in America from an auto manufacturer, mind-bending specs, and iconic design to challenge the world’s best supercars in both coupe and convertible variants.
• Corvette ZR1 features a 5.5L, twin-turbocharged DOHC flat-plane crank V8 engine dubbed the LT7.
• The LT7 engine produces 1,064 horsepower at 7,000 rpm and 828 lb-ft (1123 Nm) of torque at 6,000 rpm, per SAE guidelines — the most power ever from a factory Corvette and the most powerful V8 ever produced in America from an auto manufacturer.
• Corvette ZR1 boasts a GM-estimated top speed of over 215 mph (346 Kph) on the racetrack and will dispatch the quarter mile with a GM-estimated sub-10-second time1.
• Purposeful carbon fiber aero package creates over 1,200 pounds (544 Kg) of downforce at top speed.
• ZR1 revives one of the most iconic styles in Corvette history: the split rear window.
“The team that revolutionized Corvette with a mid-engine architecture took on another challenge: take ZR1 to the next level,” said Scott Bell, vice president, Chevrolet. “Corvette ZR1 is about pushing the envelope with raw power and cutting-edge innovation. From Stingray, to Z06, E-Ray, and now ZR1, the Corvette family continues to elevate with each new iteration — and challenge the best in the world.”
The new 2025 Ram 1500 is now available in the Middle East, featuring an all-new 3.0-liter Hurricane engine family that brings more power, performance, and improved fuel efficiency.
“The new 2025 Ram 1500 brings our customers more: more power, more performance and more fuel efficiency with our all-new 3.0-liter Hurricane engines,” said Chris Feuell, Ram brand CEO – Stellantis. “With a choice of new and proven gas engines or our upcoming electric truck offerings, Ram is built to serve truck buyers everywhere. Our new powertrain offerings add to the unique combination of bold styling, leading-edge innovation and technology, durability and capability Ram customers have come to know and love.”
The automotive world is abuzz with the announcement that Lanzante, the renowned vehicle specialist known for transforming track-focused machines into road-going marvels, is set to convert the Red Bull RB17 hypercar into a street-legal version. This ambitious project aims to bring Adrian Newey’s V-10 beast from the racetrack to the public roads, and while the challenge is daunting, Lanzante's track record suggests they are up for it. The Red Bull RB17, designed by the legendary Adrian Newey, is a testament to cutting-edge engineering and performance. The track-only version of the hypercar weighs a mere 1,984 pounds, making it lighter than a Mazda MX-5 Miata ND. Yet, despite its featherweight design, it boasts a staggering 1,200 horsepower. This immense power allows it to lap Silverstone a second quicker than a Formula 1 car, according to recent simulations.
SHARE
