What Will Replace The Chevrolet Camaro After 2024?

Are you a long-time fan of the Chevy Camaro? This iconic sedan with high-powered engine options has been around for six generations, but its future after 2024 is uncertain. Will it find a new home as part of Chevy’s emerging electric vehicle (EV) lineup? Or will it be consigned to the status of a heritage vehicle? We don’t have all the answers yet here at Dan Cummins Chevrolet Buick of Georgetown, but there are some hints we can let you in on.

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What’s Happening to the Chevy Camaro?

2023 Chevrolet Camaro

2023 Chevrolet Camaro

Based on what we’ve heard from General Motors about its plans for the Chevy Camaro, we’re confident that the 2024 model year will be the last for this high-performance sedan in its current form. The sixth-generation Camaro first came out in 2016, but General Motors has no plans to develop a seventh-generation model. Underscoring that the model is coming to an end, reports suggest that a special edition “farewell” package will be available in the 2024 model year.

Since its release in 1966, the Chevy Camaro has proven popular among car buyers looking for raw power under the hood and excellent handling thanks to its compact body. The current Camaro offers two V-8 engine options: one putting out 455 horsepower and 455 lb-ft of torque and a supercharged V-8 capable of generating 650 horsepower and 650 lb-ft of torque. A wide range of performance packages is offered, so you can configure your Camaro for the track or give it a sportier feel.

In its top trim, the 2022 Camaro can sprint from zero to 60 mph in just 3.5 seconds. Inside the cabin, the latest edition of Chevy’s sports car has four seats across two rows and an infotainment system featuring a 7-inch touch screen and a six-speaker stereo.

General Motors’ EV Plans

Although General Motors hasn’t yet committed to its intentions for the Camaro model, the automaker’s ambition for a major transition to EVs is no secret. General Motors plans to invest $35 billion in EVs between 2020 and 2025, outpacing the amount of money it will spend on its gas-powered vehicles. The company intends to release a wide variety of EVs by 2025, including electric versions of the popular Chevy Equinox crossover and Silverado pickup.

The basis for Chevy’s rapidly growing range of EVs is General Motors’ Ultium platform. This system has helped reduce the cost of batteries and allows General Motors to manufacture EVs in various sizes. As a company briefing recently noted, everything from a compact crossover to a large commercial vehicle can be supported by the Ultium platform.

Given that General Motors already has the tools to build a high-performance electric sedan, speculation has grown as to whether the Camaro could play a new role in Chevy’s lineup. With the current generation expiring in the 2024 model year, Chevy would have time to bring out an electric Camaro as part of General Motors’ EV transformation plans by 2025. The automaker has set the ambitious goal of selling 1 million EVs by the middle of the decade, and an exciting new Camaro EV could help it reach that target.

A company video briefing in late 2021 fueled speculation about the Camaro’s future by briefly showing an EV sedan presented as a Buick. Since Buick no longer makes sedans for the U.S. market, some observers concluded that the video contained a subtle hint that the Camaro could get a new start.

Another way the Camaro could continue is if Chevy turns it into a four-door EV sedan rather than its current two-door coupe design. The four-door option would benefit from opening the new Camaro EV to a broader market of buyers who could use the rear row of seats more easily. The current Camaro’s second row is only usable for kids or as a storage space. Since its release in the 1960s, the Camaro has been sold as a two-door vehicle.

General Motors’ EV platform would possess enough power to create a sedan with exciting acceleration off the line. The Ultium platform can reportedly support all-electric motors ranging in output from 250 horsepower to 1000 horsepower. That top headline figure is set to be achieved by the soon-to-be-released Silverado EV.

EVs for Everyone

Summing up General Motors’ plans for Chevy and its other brands to expand in the EV market, General Motors CEO Mary Barra recently said that the aim is to produce “EVs for everyone.” Plans are already well underway to achieve this aim, with General Motors opening new EV production facilities. The automaker also intends to have four EV battery plants in the U.S. by 2025 to help meet the increased demand produced by the growth of this new vehicle segment.

We’ll have to wait to see whether the ambitious plan to offer an EV for everyone includes those who would like a high-performance speedster, even if it no longer relies on a gas-powered engine. One final potential outcome of the transition would be that Chevy decides to retire the Camaro name and bring out an entirely new high-powered sedan in keeping with its modern shift to zero emissions vehicles. By 2035, the company expects almost all its vehicles to be electric, apart from a few heavy-duty trucks.

At Dan Cummins Chevrolet Buick of Georgetown, we’ll stay on top of the latest news from General Motors and Chevy about their EV plans. If there are any further updates about what’s happening to the Camaro, we’ll share them with you here. On our website, you’ll be able to pre-order Chevy EVs as they become available.

Why not browse our inventory if you’d like to explore the existing EVs in our Georgetown showroom? Alternatively, if you’d like to learn more about what it’s like to own an EV, feel free to contact our Chevy experts. From charging tips to arranging a test drive so you can experience an EV’s performance for yourself, we’re more than happy to assist you in your search for a new car, crossover, or truck.

Posted in Electric Vehicles