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2024 Chevy Equinox EV Starts Under $35,000, and Qualifies for Federal Tax Credit

General Motors is undergoing a rather dramatic shakeup across its current and future electric vehicle deployment plans, with low production and deliveries of models like the electric Hummer, Cadillac Lyriq, and now the Chevy Blazer EV is experiencing a hold in sales over software issues. Amid the apparently halting progress, however, the automaker appears to be able to move forward with its plans for the compact 2024 Chevy Equinox EV SUV, now announcing updated range, packaging, and pricing information for all of its front-wheel drive trims. Here’s what we know to expect so far with the Equinox EV this year.

Chevy Equinox Trim Breakdown

When the upcoming all-new Equinox EV was announced, Chevy promised the base model would offer 210 horsepower, 242 lb-ft of torque, and an estimated 250 miles of range for a price that would be “around $30,000.” Today, Chevy has confirmed the 1LT will start at $34,995 (including destination and freight charges but not taxes). This pricing is for the base, front-wheel drive 1LT trim, with a more expensive all-wheel drive 1LT version also likely to be offered (but not mentioned so far).

In early 2024, Chevy also announced a new launch edition of the Equinox EV, exclusively available in grey or black with the option for a black contrasted roof, based on one of the RS trim configurations. Further details should be announced later this spring.

Chevy confirmed to MotorTrend that the front-wheel drive Equinox EV trims will be offered with as much as 319 miles of range. It’s possible a lower-range, more-affordable 1LT trim option with a smaller battery capacity was planned and since scrapped, which Edmunds has reported. There are still no details on battery capacity options for the various configurations, and we don’t yet know if the 1LT trim will get an AWD version or stick to just FWD.

We’ll know more once the full model lineup is announced, but understand that you can get up to as much as 319 miles on a charge in the more affordable trim, which is a win. Chevy claims all-wheel drive Equinox EV trims should be good for as much as 285 miles of range on a charge, with up to 288 horsepower.

Previously, the Equinox 1LT trim was announced to get 19-inch wheels, an 11.5 kW Level 2 onboard charger that can juice up to 30 miles of range in an hour at home, an 11-inch interior touchscreen dashboard, and a standard safety package including automatic emergency braking, front pedestrian braking, lane keep assist, lane departure warning, forward collision alert, and a following distance indicator. It appears that every trim, including the base, will now get the 17.7-inch interior touchscreen, however, with the smaller previously-advertised unit nowhere to be seen on the current trim lineup.

The front-wheel drive 2LT trim starts at $43,295, and it’s the first trim available with the white contrasted roof paired with the Riptide Blue shade of paint (but not the black roof); solid color roof treatments are standard otherwise.

The front-wheel drive 2RS starts at $44,795; the previously-announced rear-wheel drive 2RS was said to start at $52,395, but it was not included in today’s updated pricing trim list. We expect the FWD model to get the same 210 hp, 242 lb-ft of torque as the FWD 1LT, and Chevy previously announced the Equinox AWD models should be good for 288 hp and up to 346 lb-ft, with up to 1,500 pounds of towing capability.

The 2RS is now promised to come with 21-inch wheels (it was initially announced with a black 20-inch aero design that’s pictured but no longer mentioned), wiring for a 1,500-pound tow package, GM’s Super Cruise and standard adaptive cruise control, a 17.7-inch interior touchscreen with built-in Google apps, multi-color ambient interior lighting, wireless phone charging, black Evotex seating with red accents, a power liftgate, and an improved safety suite with the addition of HD surround-view cameras, seat alert, and reverse auto braking. Chevy also notes it, too, gets the 11.5 kW onboard charger good for about 30 miles an hour of charging at home, and it’s capable of 150 kW DC fast charging. It’s also available with an optional black contrasted roof.

The new Equinox’s 3LT trim will start at $45,295. The only thing from the previously-announced 3LT package not on the newly-announced 2RS trim are the available head-up display unit, ventilated front seating, and heated front and rear-outboard seating. The 3LT is the trim our staff was previously shown in person, and it’s also available with the white contrasted roof.

The 3RS trim was previously announced with the same FWD or AWD power configurations, with the FWD version promising around 300 miles on a charge. The 3RS should stand out, pending any production changes, with unique 21-inch dark aero wheels, a heated flat-bottom steering wheel, an upgraded 19.2 kWh Level 2 onboard charging unit that promises at least 50 miles of additional range per hour of charge at home, and like the 2RS trim, the 3RS gets a black-painted grille design as well as the option of a black roof.

Chevy Equinox Pricing by Trim

  • 1LT FWD starting at $34,995 (available later in 2024)
  • 2LT FWD starting at $43,295
  • 2RS FWD starting at $44,795
  • 3LT FWD starting at $45,295
  • 3RS FWD starting at $46,795

2024 Chevy Equinox EV Federal Tax Credit Availability

Good news, prospective Equinox EV shoppers: every trim of the upcoming model should be viable for the available U.S. federal electric vehicle tax credit of up to $7,500 off the MSRP. The Equinox EV is planned to be assembled in Ramos Arizpe, Mexico using GM’s home-developed Ultium battery and chassis technology. GM confirmed to MotorTrend that the 1LT FWD model has an expected post-credit MSRP of $27,495, and the 2LT FWD has an expected post-credit MSRP of $35,795.

2024 Chevy Equinox EV Production and Delivery

In its initial Equinox EV announcement, Chevy planned to have the 2RS trim in production by fall of 2023 and the 1LT trim in production by spring of 2024, with the rest of the trim lineup to follow in fall 2024. Things have been pushed back a bit. The Equinox EV is now entering production as a 2024 model year. Eventually, by the end of 2024, Chevy plans to begin base-model 1LT trim production as well, though more likely as a 2025 model year.

This article was originally published by a
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