Chevrolet has confirmed a number of more details regarding the upcoming Equinox EV—including more detail on its arrival timing, a price hike for the bottom version, and the attraction of around a 300-mile range for the version with an efficient cost in some cases of under $30,000.
In a press call Monday afternoon, GM revealed that the bottom Chevrolet Equinox EV will launch in calendar yr 2024 with a starting price of $34,995—before the $7,500 EV tax credit that almost all buyers will likely qualify for and, starting next yr, have the option to say up front on the dealership. That puts the effective starting price at $27,495 for the bottom model, for which GM couldn’t yet confirm a model yr.
GM officials did confirm that in repositioning the Equinox EV, they’re dropping the smaller of two battery packs. GM hadn’t yet confirmed battery sizes, however the remaining lithium-ion pack expected to be around 80 kwh.
Officials said that they’re expecting that by the point it’s rolled out, the Equinox EV might be essentially the most inexpensive EV offering 300 miles of range or more. In its launch form, with single-motor front-wheel drive, the 2RS launch model has been certified at 319 miles of GM-estimated EPA range, while base versions arriving later will get a GM-estimated 300 miles.
Chevrolet Equinox 1LT
This represents a big price hike versus what Chevrolet has up until recently been promoting. But prior to the repositioning, the bottom version was resulting from have an expected range of greater than 250 miles. The added premium delivers that 300-mile range that quite a few polls have found is a threshold for embracing EVs within the U.S.
On the Chevy consumer site Monday, the brand still displayed the starting price as being around $30,000 for the 1LT, with spring availability. GM told Green Automobile Reports that sites might be updated with the brand new product details on Tuesday.
Chevrolet Equinox launch version
Considering the Equinox EV production delay of “just a number of months” announced by CEO Mary Barra last week, it’s going to launch first with a “well-contented model” costing $48,995 in single-motor front-wheel drive form, or $52,395 with dual-motor all-wheel drive.
That version, the 2RS, features a 17.7-inch touchscreen infotainment system, Google built-in, wireless charging, an influence liftgate, heated front seats, a heated steering wheel, towing wiring readiness, 21-inch black wheels, Super Cruise, and a surround camera system. It’s able to DC fast-charging at 150 kw and permits 11.5 kw AC charging—enough to likely allow a full charge in lower than eight hours.
Orders for that model are set to begin next week, and all the prices mentioned include the destination fee.
Chevy’s pricing, and volume of every respective segment
The automaker hasn’t given a timeline for the brand new Chevrolet Bolt EV, set to be powered by cost-saving LFP batteries, but the upper price for the Equinox EV will give Chevy some pricing (and range) space to work with. As an example, if the brand new Bolt EV manages to qualify for a $3,750 credit amount and still return greater than 250 miles, it’d still be considerably cheaper than the Equinox EV even when it’s somewhat higher than its current $27,495 price.
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NOTE: An earlier version of this story made an incorrect assumption: that given the identical battery, base models would also achieve the highest range figure. The corporate says that while the 2RS will hit as much as 319 EPA-certified miles, the bottom version is GM-estimated at 300 miles.
This Article First Appeared At www.greencarreports.com
