Chevrolet Equinox EV: GM unveils $30,000 electric SUV that will be one of the cheapest EVs available
The average electric vehicle available today has a base sticker price of about $47,500, according to Edmunds.com. The $30,000 price for the Equinox EV would be, of course, for the simplest version with no optional features. That price does not include tax credits but GM is not currently eligible for any electric vehicle tax credits, anyway, and it’s uncertain if any GM vehicles will be eligible under new rules, either.
Among 2022 model year mass-market EVs, only the Nissan Leaf, with its base price $28,500, costs less and it also currently qualifies for a $7,500 federal tax credit. There are a few other models in the low- to mid-$30,000 price range, too. Among them are Chevrolet’s own Bolt EV and the SUV-ish Bolt EUV.
The Equinox EV will be available with two-tone paint jobs, something that’s been an industry trend for several years. Customers getting the sportier-looking RT models will be able to get a black roof with a differently colored body while those getting the standard LT models will be able to choose a contrasting white roof.
The cheapest version will be the so-called Blazer 1LT with a single 210 horsepower engine powering only the front wheels. It will have total driving range on a full charge of about 250 miles. Equinox EV 1LT SUVs will also be available with more driving range — up to 300 miles — and with all-wheel-drive and a driving range up to an estimated 280 miles, but those versions will, presumably, cost more. All-wheel-drive versions will be able to get as much as 290 horsepower from two electric motors.