General Motors’ Chevrolet has unveiled more details about its highly anticipated Equinox EV, and the news is bound to excite both budget-conscious and environmentally-conscious drivers alike. With a starting price of just $34,995, the Equinox EV is set to offer a competitive edge in a segment that has been lacking in affordable options.
Expected to hit the market in the fall, the entry-level Equinox EV in 1LT FWD trim promises an impressive range of 319 miles on a single charge, making it a formidable contender against other entry-level EVs like the Nissan Leaf and Chevy’s own Bolt.
But affordability doesn’t mean compromising on features. The Equinox EV will be available in multiple trim levels, with prices ranging from $34,995 for the 1LT FWD to $46,795 for the 3RS FWD. Even the fully loaded 3RS model comes in at a reasonable $46,800, making luxury more accessible than ever before.
What’s more, buyers of the Equinox EV can take advantage of the federal EV tax credit of $7,500, potentially bringing the cost down to as little as $27,495, excluding destination charges, and with the possibility of additional state EV tax incentives.
GM’s strategic approach to offering EVs across various product categories sets it apart from competitors like Ford and Tesla. While Ford focuses on the lower end of the EV market and high-end trucks and vans, GM aims to cater to a broader range of consumers with its entry-level, midsize, truck, and luxury crossover and SUV EV models.
As the automotive industry continues to embrace electric mobility, Chevy’s Equinox EV stands out as a beacon of luxury and sustainability, proving that driving green doesn’t have to break the bank.