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First Electrified Corvette Sells For $1M

The first electric Corvette sold at auction for $1.1 million to car dealer and NASCAR race team owner Rick Hendrick at the 2023 Barrett-Jackson Palm Beach Auction. The money will go to education nonprofit DonorsChoose, which helps teachers in low-income communities fund classroom projects. "The cars at auction are pre-production prototypes. So Hendrick gets to choose the color of the first car to roll off the assembly line at GM's Bowling Green Assembly in Kentucky," per the Detroit Free Press. "It will be black, consistent with all of his Corvettes with VIN 001."

Read the whole story at Detroit Free Press »

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