Electrified 2024 Corvette E-Ray Raises $1.1 Million for Charity
A Historic Moment at Barrett-Jackson Auction
West Palm Beach, Fla. – April 17, 2023
The automotive world witnessed a groundbreaking event at the Barrett-Jackson Palm Beach Auction on April 15. The first-ever electrified 2024 Chevrolet Corvette E-Ray made its debut, not only as a cutting-edge vehicle but also as a philanthropic force, raising an impressive $1.1 million for the education nonprofit DonorsChoose.
A Charitable Gesture by Corvette
DonorsChoose, established in 2000, has been instrumental in fulfilling over two and a half million classroom projects by directly connecting donors with teachers’ needs. The Chairman and CEO of Hendrick Automotive Group, Rick Hendrick, clinched the winning bid at $1.1 million, where the entire proceeds will bolster DonorsChoose’s efforts in supporting public schools in disadvantaged communities.
Embracing Education Equality
General Motors and Chevrolet, through this partnership with DonorsChoose, aim to bridge the gap in school funding and empower underserved communities with educational resources. The Corvette E-Ray, with its innovative design and performance, takes the spotlight as it represents a new chapter in Corvette’s 70-year legacy. With a remarkable 655 horsepower generated by a unique combination of a Small Block V-8 engine and an electric motor, the E-Ray sprints from 0-60 mph in a record-breaking 2.5 seconds.
Contributing to a Worthy Cause
This isn’t Chevrolet’s first venture into charitable auctions. Previous models, including the 2020 Corvette Stingray and the 2023 Corvette Z06, have collectively raised $9.1 million for various causes. The auctioning of the 2024 Corvette E-Ray adds to Chevrolet’s commitment to supporting noble endeavors through its iconic vehicles.
About Chevrolet
Chevrolet, a renowned car brand since 1911, stands as one of the world’s largest automobile manufacturers, with a presence in nearly 80 countries. Chevrolet’s lineup features a diverse range of vehicles, from electric and fuel-efficient models to high-performance machines, all infused with innovative design and cutting-edge technology.
For more information on Chevrolet models, visit www.chevrolet.com.
Conclusion
The first retail production of the electrified 2024 Chevrolet Corvette E-Ray not only marked a significant milestone in automotive history but also highlighted the power of philanthropy. Chevrolet’s collaboration with DonorsChoose at the Barrett-Jackson auction showcased the brand’s commitment to making a positive impact in education and underserved communities.
FAQ
1. How much was raised by the auction of the 2024 Corvette E-Ray?
The auction of the 2024 Corvette E-Ray raised an impressive $1.1 million for the education nonprofit DonorsChoose.
2. What makes the Corvette E-Ray unique?
The Corvette E-Ray stands out for its electrified design, featuring a 6.2L Small Block V-8 engine at the rear and an electric motor on the front axle, producing a combined 655 horsepower. It is the quickest Corvette ever, accelerating from 0-60 mph in just 2.5 seconds.
3. How has Chevrolet contributed to charitable causes through auctions?
Chevrolet has a history of supporting charitable causes through auctions of their iconic models. The auctioning of the 2024 Corvette E-Ray adds to a total of $9.1 million raised by eighth-generation Corvettes at Barrett-Jackson auctions.
4. What is the mission behind Chevrolet’s collaboration with DonorsChoose?
Through its partnership with DonorsChoose, Chevrolet aims to combat inequality in school funding and provide resources to support students and teachers in low-income communities.
