GM is electrifying its iconic sports car, the Chevrolet Corvette, GM President Mark Reuss announced Monday.

Reuss wrote in a LinkedIn post that GM moved the Corvette team into the electric vehicle space at the automaker's Warren tech campus.
The electric Corvette, all-wheel drive based on GM's new Ultium EV platform, will be offered as early as next year,
Reuss said. Names and additional details on the product will be released at a later date, he added.

Chevrolet released a teaser video about 30 seconds long of the electric Corvette that shows how quietly it can perform.

Reuss said the automaker will continue to produce traditional models with internal combustion engines alongside the electrified models.
He declined to disclose when the all-electric Corvette would be released, or whether the “electrified” model would be a traditional hybrid or plug-in hybrid electric vehicle.
Yes, in addition to the amazing new Chevrolet Corvette Z06 and other gas-powered variants coming, we will offer an electrified and a fully electric, Ultium-based Corvette in the future.

In addition, we also announced today Ultium Platform’s energy recovery system, a patented onboard system that takes the heat generated by EV batteries and uses it to warm the cabin, create more efficient charging conditions, and even increase vehicle acceleration.
And it can boost the vehicle’s range by about 10%.
It’s a perfect example of how developing a ground-up EV platform like Ultium enables unique features not easily done with a retrofit.

GM is announcing a standard feature on its Ultium-based EVs (including the Corvette) that repurposes waste energy from the battery to increase range.

The waste energy can also reduce what's needed for heating, increase charging speed and encourage sportier driving, GM says.
Energy recovery is available on all current Ultium vehicles and is planned for future Ultium models.

The overall electric-vehicle system produces heat that GM's new Ultium platform can recover and store, the automaker says.
The platform also captures humidity from inside and outside the vehicle, including passenger body heat.
It can then distribute the energy to heat the vehicle's interior.

This recovery process, the company says, reduces the need to power the vehicle's functions from the battery, which extends the range of GM’s EVs by up to 10%.
The energy recovery system also pre-cools the propulsion system to aid the GMC Hummer EV to go 0-60 mph in about 3 seconds, according to GM
The Ultium energy recovery system's development dates to GM’s first electric vehicle, the EV1, produced in the late 1990s.

Today, GM announced a feature standard in its Ultium-based EVs that captures and repurposes waste energy from the battery
. Through the Ultium Platform’s energy recovery system, this waste energy can increase a vehicle’s range, reduce battery energy needed for heating, increase charging speed and even enable sportier driving.

EV batteries, power electronics and other propulsion components produce heat. The Ultium Platform can recover and store this waste heat from the Ultium propulsion system. Further, it can also capture and use humidity from both inside and outside the vehicle, including body heat from passengers
. The Ultium Platform can then deploy energy stored through the recovery process to heat the cabin more quickly in cold weather than comparable systems found in vehicles with an internal combustion engine.

Ultium’s energy recovery capabilities reduce the need to power heating and other functions from energy stored in the battery, which provides GM’s EVs with as much as 10% more range1, potentially allowing more power and range than vehicles with similarly sized batteries without energy recovery capabilities.
With its active heating capabilities, Ultium vehicles can also potentially charge more efficiently by warming up the batteries before charging2.

Ultium’s energy recovery even enables GMC HUMMER EV’s available Watts to Freedom feature.
Energy recovery pre-cools the propulsion system to help the all-electric supertruck accelerate from 0-60 mph in approximately 3 seconds3.

“Having a ground-up EV architecture gives us the freedom to build in standard features like Ultium’s energy recovery capabilities,” said Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. “This helps us squeeze more efficiency, performance and overall customer benefit out of our EVs.”

Covered by 11 patents and four publications, the development of Ultium energy recovery traces its inception back to GM’s first EV, the EV1, in the late 1990s, when GM engineers first developed an EV heat pump. Ultium energy recovery is available on all current Ultium vehicles and planned for future Ultium vehicles.