The brand new Chevy Equinox EV will formally begin at $34,995 (together with vacation spot charge) as sellers gear as much as start orders. GM expects the Equinox EV to be “probably the most inexpensive” electrical car that provides 319 miles vary.
Chevy shares Equinox EV costs forward of launch
GM confirmed in December it can start Equinox EV manufacturing within the first quarter of 2024. Following the Blazer EV, it will likely be the second electrical SUV constructed at its Ramoz Arizpe plant in Mexico.
Final fall, Chevy stated the bottom Equinox EV 1LT FWD may have an MSRP of $34,995 that might be accessible to order later this 12 months.
Chevy confirmed the information Monday, saying it expects the Equinox EV to be probably the most inexpensive electrical mannequin in its phase (as much as 319 mi vary). The corporate additionally confirmed the Equinox EV will qualify for the $7,500 federal EV tax credit score.
With the $7,500 credit score, eligible prospects should purchase the Equinox EV for as little as $27,495. The Chevy Equinox EV 2LT FWD trim might be accessible with costs as little as $35,795 (together with the IRA tax credit score).
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Costs embrace a $1,395 vacation spot charge however not taxes and different potential vendor charges. Right here’s a breakdown of Chevy Equinox EV costs under.
Chevy additionally confirmed Monday the Equinox EV AWD may have an EPA-estimated 285 miles of vary.
The brand new Equinox EV might be some of the inexpensive EVs available on the market. Chevy undercut rivals, together with the Tesla Mannequin Y, VW ID.4, Hyundai IONIQ 5, Nissan Ariya, and Volvo EX30.
The brand new Equinox EV is anticipated to fill an enormous gap left as GM ends manufacturing of its present most inexpensive EV, the Bolt.
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Chevy will launch a next-gen Bolt, however not till subsequent 12 months on the earliest. At underneath $30K (with the tax credit score), the Equinox EV might be a key mannequin in GM’s “EVs for everybody” technique.
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