IT Home reported on February 13 that General Motors recently announced the final pricing and range information of the upcoming new generation Chevrolet Explorer (Equinox EV). For many years, Equinox has been positioned by General Motors as the popular EV of choice, with a range of enough for everyday use.
The first model of the Equinox EV is a single-motor front-wheel drive 1LT model, with a starting price of $34,995 (IT House note: currently around 25.).20,000 RMB), the EPA range is estimated at 319 miles (about 513.).38 km). While higher than GM's previously promised starting price of "about $30,000", it's important to note that the Equinox EV is eligible for a $7,500 federal EV tax credit, which would bring the model's starting price down to $27,495 (currently around $19.)80,000 RMB).
Of course, the availability of tax credits depends on many factors, such as household income requirements and annual tax burden. The Equinox EV itself may also be disqualified due to where the battery material is processed. GM spokesperson Kellie van Maele said only eligibility information is available for 2024 at this time.
In addition to the 1LT model, the following are the prices announced by GM for each model of the Equinox EV:
The 2LT FWD starts at $43,295 ($35,795 after tax credit).
The 2RS FWD starts at $44,795.
The 3LT FWD starts at $45,295.
The 3RS FWD starts at $46,795.
GM also released details of the range of the upcoming Equinox EV all-wheel drive model, but not yet**. Thanks to the addition of an additional motor, the dual-motor AWD model is expected to have an EPA range of 285 miles (about 458.).66 km). All models will eventually have the option to upgrade to AWD.
GM initially said the model would begin selling at dealerships in 2023, but the plan was delayed until 2024 due to weak demand for electric vehicles and the impact of last year's auto workers' strike.
GM says the Equinox EV will beat out other entry-level models in its class, including the Tesla Model Y, Hyundai Ioniq 5, Nissan Ariya, Volkswagen ID4 and Volvo EX30. This may be true, but there are also plenty of used EVs to choose from, and these models are likely to be more popular with budget-conscious consumers.