NEW YORK (WABC) – It’s one of the most iconic American sports cars ever made, but now GM is releasing its first-ever electrified version of the Corvette.

The new model, called the E-Ray, is a hybrid that accelerates from 0 to 60 in 2.5 seconds, making it the fastest production Corvette.

The name E-Ray, from the sea creature Electric Ray, is a play on the name Stingray of the base model. The electric car even has a distinctive ray-shaped badge on the trunk lid.

Unlike some other high-performance hybrid cars, the Corvette E-ray is not a plug-in hybrid. Its 1.9 kilowatt-hour battery, mounted in a tunnel that runs between the two seats, charges as the car slows and brakes, and sometimes while driving.

But this car will cost you, with prices starting at $104,000. For that money, you get a 6.2-liter V8 engine paired with an electric motor that makes 655 horsepower and 595 pound-feet of torque.

The E-Ray is available as a coupe or hardtop convertible.

Chevy introduced the car 70 years after they introduced the first Corvette at the Waldorf Astoria.

Production is expected to begin later this year.

GM has said it plans to produce only zero-emission passenger cars by 2035, meaning an all-electric Corvette must be offered at some point to keep the model line from dying out.

WABC-TV is your home for International Auto Show in New York.

(CNN Wire contributed to this report.)

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