General Motors will release an “electrified” version of the Chevy Corvette next year, followed by a fully electric version of the iconic sports car soon after that, the automaker’s president Mark Reuss said on CNBC Monday.

Reuss wouldn’t confirm when the all-electric ‘Vette would make its debut, but did note that “this is coming very quick.” The automaker plans to continue selling gas-powered versions in the meantime.

When Reuss says that an electrified version of the ‘Vette will be out next year. It’s likely he means a hybrid, perhaps even a plug-in hybrid with a rechargeable battery. A GM spokesperson confirmed that the new Corvette released next year will “not be a full EV.”