The new mid-engine Corvette 'Zora' will be badged Stingray at the bottom end of the range, with more powerful variants to follow after launch.
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Chevrolet has confirmed the eighth-generation C8 Corvette, set for a Friday reveal, will launch in ‘Stingray’ guise.

The moniker was first used on the second-generation Corvette in 1963, before being dropped at the end of 1976. It made a return in 2014 to denote the entry-level variant of the C7 Corvette – the same role it'll fill within the new C8 range.

The 2020 Stingray is set to be powered by an updated version of the current model's 6.2-litre LT1 V8, boosted to around 500hp (373kW).

In a significant break from tradition, the engine is expected to be mid-mounted, and drive the rear wheels through a seven-speed dual-clutch transmission.

UPDATE: The new Corvette has now been revealed, and confirmed for Australia. Click the links for the full story.

More potent versions badged Z06, ZR1 and Zora, are expected to arrive later, complete with power from new turbocharged dual-overhead-cam V8 engines and plug-in hybrid systems.

The 2020 Chevrolet Corvette will make its public debut in California this Friday. A livestream of the reveal event will commence at 12:30pm Melbourne and Sydney time.