First Hybrid Corvette Sold at Barrett-Jackson Palm Beach Auction

Barrett-Jackson featured the sale of the world’s first electrified Corvette during the 2023 Palm Beach Auction earlier this month, the auction house announced.

The 2024 Chevrolet Corvette E-Ray 3LZ First Retail Production VIN 001 sold for $1.1 million, with 100 percent of the hammer price benefiting DonorsChoose, a national non-profit that supports students and classrooms across the country. An additional $50,000 was donated to the charity from an undisclosed attendee, Barrett-Jackson representatives said.

The first retail production 2024 Chevrolet Corvette E-Ray 3LZ, VIN 001, is powered by a 6.2-liter LT2 small-block V8 engine paired with an 8-speed dual-clutch automatic transmission, and a front-mounted electric motor that powers the front wheels via a 1.9 kWh battery pack. In total, the first electrified, all-wheel-drive Corvette produces a combined 655 hp.

“The atmosphere in the auction arena was supercharged during the bidding on the first retail production 2024 Chevrolet Corvette E-Ray,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “The Corvette is ‘America’s Sports Car,’ and the sale of the first electrified version ever produced was an iconic moment as collectors coveted the chance to own a piece of automotive history. Barrett-Jackson has a long history of auctioning VIN 001 vehicles from General Motors to benefit deserving charities and we are proud to have had the opportunity today to help raise funds for our nation’s classrooms.”

A.J. Hecht

A.J. Hecht is the managing editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at

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