Chevy Equinox EV — $30,000, 300-Mile Range, Coming In 2023
Boom! With the announcement of the Chevy Equinox EV in January, the electric car revolution in America took a big step forward. The biggest knock on electric cars today is that they cost too much. Yes, their total cost of ownership is lower — and as the price of gasoline soars, that metric will become even more compelling — but TCO won’t make your car loan or lease payment.
The average price of a new car in the US is rapidly approaching $50,000. Used cars are selling for $25,000 or more — if you can find one. But “average” means some cars are super pricey while others are super cheap. That’s how averages work. Chevrolet showed off at CES 2022 back in January — the Blazer EV and the Equinox EV — and the Equinox EV is slated to be the least expensive electric car in America.
While some companies are creating new brand identities for their electric car offerings — the Volksagen ID.3look a lot like an updated Golf, for instance — Chevy is sticking with well known names. People like things that are familiar. An Equinox EV sounds less threatening than a Mysterium Quantumax 5000, for instance.
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