General Motors' (GM) Chevrolet will take the wraps of its highly-anticipated 2020 Corvette C8 on Thursday evening. The event will be livestreamed, allowing car enthusiasts the ability to see the car for the first time live online.

Chevy has been quite secretive about the launch of the mid-engined Corvette C8, only providing teasers as to what can be expected from the vehicle. The automaker has reportedly been testing the car in the U.S. as well as in Europe, making its attempts at keeping it under wraps more difficult then it might have hope for.

There has been much speculation about the new Corvette C8 since its initial inception idea that dates back as far as 60 years ago, Motor 1 reported. Now Chevy has a production model, which it will introduce on its website live at 7:50 p.m. PST/10:50 p.m. EST. Watch the livestream event here.

While nothing has been confirmed about the C8’s specs, some have speculated that it will be priced beyond $150,000 as it evolves with its base model around the C7’s price of $55,900 to $70,000, according to Motor 1.

Car experts are also predicting that the Corvette C8 will be powered by a 6.2-liter LT1 V8 engine that has been modified from the C7 model, but nothing has been confirmed at this point. The engine will have to be modified to find the midengined mounting and could reportedly by dubbed the LT2 powertrain.

Other rumors about the engine include the potential for a hybrid option or DOHC engines with 4.2- and 5.5-liter displacements, according to the news outlet. Horsepower is expected to be around 460 to 500 hp and could increase to 650 to 800 hp with future renditions.

Additional performance figures are unknow but it is anticipated that the car will go from zero to 60 mph in about three seconds with a top speed of around 200 mph.

The name of the Corvette C8 was confirmed by Chevy on Monday as a Stingray model with some suspected leaked images of the C8 finding its way to YouTube.

Chevy is expected to begin producing the Corvette C8 in late 2019 with the car hitting drivers’ hands early to mid-2020, Motor 1 reported.

Shares of GM stock were down 0.55 percent as of 12:53 p.m. ET on Thursday. 

2015 Chevrolet Corvette The 2015 Corvette Z06, the high-performance version of the 2015 C7 Corvette Stingray. Photo: GM