GENOVATION

Overview

Genovation Cars develops high-performance all-electric supercars, primarily the GXE model based on a Corvette chassis, which has set multiple world speed records including 211.8 mph as the fastest street-legal electric car.¹²⁴ The company operates in the electric vehicle sector targeting performance enthusiasts with vehicles offering up to 800 HP, 718 lb-ft torque, and options like a 7-speed manual transmission.²⁴ It competes with brands like Tesla and Polestar in automotive technology and mobility solutions.¹

History

Genovation Cars was founded in 2007 in Rockville, United States, by Andrew Saul (Founder & CEO) and others including Steven Rogers (Co-Founder, President & CTO) and Robert Irby (Co-Founder & SVP, Operations).¹ The company received a $135.11K grant from Maryland Industrial Partnerships in 2011.¹ It unveiled the GXE all-electric supercar at CES in 2018, which subsequently broke world speed records exceeding 200 mph.²³⁴

Product Lines

Manufacturing

Products feature a race-inspired aluminum frame engineered in America, with custom battery packs and components assembled in Rockville, Maryland.²⁴ Manufacturing details indicate in-house development of key technologies like energy storage and propulsion.³

Notable Products

• GXE - Corvette-based all-electric supercar with 800 HP, 718 lb-ft torque, and world record speed of 211.8 mph.
• GXE Prototype - Early version that broke multiple world speed records over 200 mph.
• GXE with Manual Transmission - Offers 7-speed manual or dual-clutch automatic transmission option.

Reputation

Genovation is recognized by EV enthusiasts for pioneering speed records in street-legal electric supercars, advancing battery, propulsion, and composite technologies.²³⁴ Professionals note its niche focus on high-performance EVs but limited production scale compared to larger competitors like Tesla.¹ Criticisms include unclear current production status and small team size under 25 employees.²