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The most affordable EV in the US ($35,000) with 300+ miles of range is here

Chevrolet has officially launched the 2025 Equinox EV, delivering an affordable electric vehicle option with over 300 miles of range.

Priced starting at $35,000, the Equinox EV stands as the most budget-friendly electric vehicle in the U.S. offering this level of driving distance on a single charge.

Related: The demise of the electric Jaguar i-Pace

With its attractive pricing and long-range capabilities, the Equinox EV is well positioned to capture the interest of buyers looking to switch to electric vehicles without compromising on range.

2024 Chevrolet Equinox EV<p>Chevy</p>
2024 Chevrolet Equinox EV

Chevy

Chevy Equinox EV targets mainstream buyers with competitive pricing

Chevrolet’s new Equinox EV aims to address two significant concerns for electric vehicle shoppers: price and range. Starting at $35,000, the all-new Equinox EV is priced to appeal to a wide range of consumers, making it an entry-level option for those wanting to make the switch to electric.

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Related: Ford is paying dealers $20K+ to order 2024 F-150 Lightning trucks

Its 300+ miles of range places it in direct competition with much more expensive electric vehicles from brands like Tesla and Ford, which command a higher price for similar range capabilities. For reference, the Ford Mustang Mach-E starts at $39,995 and offers 250 miles of range while an entry-level Tesla Model 3 starts at $42,490 and offers an impressive 363 miles of range.

2024 Chevrolet Equinox EV<p>Chevy</p>
2024 Chevrolet Equinox EV

Chevy

This makes the Equinox EV a unique offering in the electric vehicle market, particularly for budget-conscious buyers who still want the freedom to drive longer distances between charges.

It's anticipated that Chevy will offer attractive lease incentives to help persuade those on the fence about switching from a traditional gas vehicle to an all-electric one.

General Motors pushes forward with electrification

The 2025 Chevy Equinox EV is part of General Motors’ broader plan to expand its electric vehicle lineup. GM has committed to an all-electric future, with a goal of offering 30 new EV models globally by 2025.

2024 Chevrolet Equinox EV<p>Chevy</p>
2024 Chevrolet Equinox EV

Chevy

Chevrolet Equinox EV production and availability

Chevrolet has confirmed that production of the 2025 Equinox EV will take place at GM’s Ramos Arizpe plant in Mexico, which is already responsible for assembling other Chevrolet models. This facility plays a key role in GM’s production pipeline, and the automaker expects to scale production to meet anticipated demand for the new Equinox EV.

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Chevy plans to have the Equinox EV available in dealerships by late 2024, with pre-orders open now through the Chevrolet website. Deliveries are expected to start in early 2025.

2024 Chevrolet Equinox EV<p>Chevy</p>
2024 Chevrolet Equinox EV

Chevy

Final thoughts

The 2025 Chevy Equinox EV brings an attractive package to the electric vehicle market with its impressive 300+ mile range and affordable $35,000 price tag.

It’s hard to deny that Chevy has delivered a well-rounded, feature-rich EV at a price point that could tempt many buyers. However, with recent reports of EV sales slowing and consumer hesitancy around fully transitioning to electric, it will be interesting to see how the Equinox EV is received.

While it ticks a lot of boxes in terms of affordability and practicality, the real question remains: will it be enough to convince a broader audience to make the switch from traditional gas-powered vehicles?

Related: Volkswagen’s cutting-edge EV factory spirals toward collapse as demand crumbles