Electric And Concept Cars
Built on GM’s Ultium platform, the midsized Equinox electric SUV will get up to 300 miles of range and start at around $30,000—an affordable price point intended to drive a wider EV adoption.
Therefore, when the Equinox EV hits dealerships in the fall of 2023, its prices will begin at nearly $13,000 cheaper than Ford’s Mustang Mach-E, $35,000 less than the Tesla Model Y, and almost $1,000 under the Hyundai Ioniq 5.
The Equinox EV will join Chevrolet’s fast-growing lineup of EVs, which includes the Bolt EV, Silverado EV, Bolt EUV, and Blazer EV.
A lot has happened since Mary Barra, GM’s CEO, announced at CES Las Vegas in January 2022 that the Chevrolet Equinox EV would start at $30,000. But Chevrolet insists the $30,000 price tag is more than just aspirational.
GM hopes a more affordable EV with a nameplate recognizable as the Equinox could help spark a faster switch to electric vehicles.
The base 2024 Chevy Equinox EV model 1LT starts at around $30,000 and will come standard with front-wheel drive with an estimated EPA-rated range of 250 to 300 miles. There will be two more LT trims, 2LT and 3LT, and two higher-spec RS variants, 2RS and 3RS, with a darker interior and more tech inside. Each version will also have the option to upgrade to AWD.