And, by the way, they tell me, and I'm looking forward -- if it's true -- to driving one, that they're making an electric Corvette [that] can go 200 miles an hour."

The ad caused a stir among auto industry insiders: Did Joe Biden just reveal that General Motors is making an electric Corvette that can go 200 miles an hour?

Maybe.

People often say a car company "is making" something when they're actually planning to make something -- as in "GM is making an electric Hummer truck" even though it hasn't even been publicly unveiled yet.

It is entirely possible -- even probable -- that GM is developing an electric Corvette.

My bet is that an electric Corvette will come later, and that it will be engineered and manufactured only as a fully electric plug-in sports car.

But what if, by "making," Biden meant that these cars were being assembled today?

The GXE has two electric motors producing as much as 800 horsepower.

The company plans to make 75 of the cars at a cost of about $750,000 each, plus the cost of the original Corvette.