Chevrolet Equinox receives new pricing and US subsidy approval

General Motors released updated pricing for the Chevrolet Equinox EV. The automaker confirmed that the Equinox EV 1LT, the base model of the crossover, will start at $34,995.

Image: General Motors

As previously reported prices have fluctuated for the electric SUV, however, one thing remains unchanged: the compact SUV is built at GM’s Ramos Arizpe plant in Mexico. The front-wheel drive produces 157 kW, and the all-wheel drive model is rated at 216 kW. The Equinox can hit a range of up to 319 miles. In the current announcement, GM states that within 10 minutes of charging, approximately 70 miles of range can be covered “with DC fast public charging.”

At the time of the announcement, deliveries of these two variants were scheduled to begin in early 2024. The base model, named ‘Equinox EV 1LT’, was originally announced for around $30,000, but will now cost $34,995 and is not scheduled for delivery until late 2024. Prices include a $1,395 destination fee but not taxes and other potential dealer fees.

The recommended prices for the rest of the lineup increase by $500 for each variant step from the $43,295 ‘2LT FWD’ to the ‘2RS FWD’, to the ‘3 LT FWD’ and finally, the range-topping ‘3RS FWD’, which starts at $46,795.

However, despite the increased prices from last year, the IRS approval for the $7,500 subsidy balances out the new prices to be about $2,000 cheaper than the list prices from last year. GM underlines this by claiming that it expects the Equinox EV to be the most affordable electric model in its segment.

insideevs.com, electrek.com, chevrolet.com

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