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In 1956, Ed Cole, then General Manager of Chevrolet, decided Corvette could be saved from extinction due to lagging sales by promoting the car as a performance car which could be raced in production classes. The first of these Corvettes was to debut at Daytona Beach for acceleration and top end speed trials, the 12 hour race at Sebring, and also possibly Le Mans.
Genovation GXE C7 Corvette Stingray
Genovation Cars unveiled an electric Corvette with more power under its hood than a Dodge Challenger Hellcat. They call their car the Genovation GXE, and it is an EV (electric vehicle) variant of the seventh-generation Corvette. The company decided that they would replace the factory LT1 engine found in all base-model C7 Corvettes with a pair of electric motors that, when working in conjunction with each other, provide over 800 horsepower and 700 pound-feet of torque.