Key Takeaways
- Orders for Chevy’s $35,000 Equinox EV are currently being accepted.
- The LT variant still boasts an improved entertainment system and a lengthy 319-mile range.
- It is less expensive than some gas EVs because of federal incentives.
Sales of the $35,000 entry-level Equinox EV, which Chevy had promised when it originally announced the electric SUV, have started.
In May, GM began distributing the electric Equinox, but you had to purchase the 2LT model, which cost at least $43,295. The $34,995 LT with front-wheel drive is now available for purchase as a 2025 model.
The starting Equinox EV has a range of 319 miles, which is comparable to the more costly RS FWD variant, despite its place in the lineup. Additionally, compared to 2024 models, you receive a slightly larger 17.7-inch infotainment display.
For $40,295 you can also have an all-wheel drive LT, but your range will only be 307 miles, which is still a fair amount.
The entry-level Equinox EV is still eligible for the $7,500 federal EV tax credit, according to Electrek. That reduces it to $27,495 if no options are included. Because of this, it is more reasonably priced than even certain traditional SUVs with modest price tags, such as the Toyota RAV4 and Honda CR-V, which retail for about $30,000. When you factor in fuel savings, you should come out ahead.
For GM overall, the Equinox EV and its more expensive Blazer EV equivalent contributed to a successful third quarter in 2024. Mary Barra, the company’s CEO, cited increasing sales, expanding market share, and progress toward electric car profitability as important elements in both its 2024 and 2025 projections. To put it simply, the brand is dispelling myths about how dangerous the EV market is.
The LT trim of the Equinox may be crucial to those upcoming figures. It outperforms SUVs that run on pure gas, let alone hybrids, and has capabilities that are above average compared to other EVs. The lack of Apple CarPlay and the temporary status of Tesla Supercharger support (you currently require an adaptor) are still problems, although this may increase demand for consumers who have access to a robust local charging network.
