Chevy Starts Selling the Long-Promised $35,000 Equinox EV

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Key Takeaways

  • Chevy is now taking orders for the $35,000 version of its Equinox EV.
  • The LT trim still manages a long 319-mile range and has an upgraded infotainment stack.
  • Federal incentives make it more affordable than some gas EVs.

Chevy has begun sales of the entry-level $35,000 Equinox EV it promised when it first unveiled the electric SUV.

The GM brand started shipping the electric Equinox in May, but you had to buy at least the $43,295 2LT version. Now, you can order the $34,995 LT with front-wheel drive as a 2025 model.

Despite its position in the lineup, the starter Equinox EV matches the 319-mile maximum range you can get with the more expensive RS FWD configuration. You also get a slightly larger 17.7-inch infotainment display than with 2024 models.

An all-wheel drive LT is also available for $40,295, although you’ll see your range shrink to a (still respectable) 307 miles.

As Electrek notes, the entry Equinox EV still qualifies for the $7,500 federal EV tax credit. That pushes it down to $27,495 if you don’t add any options. That makes it more affordable than even some modestly-priced conventional SUVs, such as the roughly $30,000 you’ll pay for the Honda CR-V and Toyota RAV4. You should come out further ahead when including fuel savings.

The Equinox EV and its higher-end Blazer EV counterpart helped drive a strong third quarter 2024 for GM as a whole. Company chief Mary Barra pointed to rising sales, growing market share, and steps closer to electric car profitability as key factors in its both its 2024 numbers and its 2025 forecast. Simply put, the brand is challenging assumptions that the EV market is too risky.

The Equinox’s LT trim might play a key role in those future numbers. It offers better-than-average capabilities than other EVs while undercutting pure gas SUVs, let alone hybrids. There are still issues, such as the interim status of Tesla Supercharger support (you need an adapter at the moment) and the absence of Apple CarPlay, but this could spur demand for customers who have access to a healthy local charging network.