Prices have increased since the electric SUV was first announced
Chevrolet is poised to make a significant shift toward electric vehicles with the imminent release of the Silverado EV pickup truck and Blazer EV, but the Equinox EV has been delayed a few months. Marketed initially as a low-cost electric SUV starting at about $30,000, Chevrolet has since announced that the base price will rise to $34,995, including the destination charge. Further, the initial versions on sale starts at $48,995, with the base model planned to follow later in the year. This follows the rollout strategy used for many EVs: Start with the pricier, more profitable versions, then move down to the entry-level version . . . eventually.
The upside is that there will be a single battery rather than a two-tiered offering, giving the base version about a GM-estimated 319-mile range—up about 70 miles from what was originally announced.
Considered a small SUV, the Equinox EV is based on the company’s Ultium platform that will underpin most of GM’s electric vehicles going forward, and even the upcoming Honda Prologue.
The Equinox EV is offered with a wide range of convenience features, such as a massive infotainment screen, power hatch, and multifunction smartphone app. Plus, it comes with a solid roster of active safety features, and it offers hands-free Super Cruise driver assistance technology.
The 2024 Chevrolet Equinox EV is built at GM’s Ramos Arizpe, Mexico, facility.
Here’s what we know so far.
It competes with the Ford Mustang Mach-E, Hyundai Ioniq 5, Kia EV6, Nissan Ariya, and Volkswagen ID.4.