Key Facts
- ✓ The Chevrolet Equinox EV starts at $34,995, similar to the original Bolt price.
- ✓ The base LT1 trim is basic, while the LT2 at $40,295 includes heated seats and wireless charging.
- ✓ It builds on a platform previously called Ultium and offers over 230 miles of range.
- ✓ Used Equinox EVs with good specs are already cheaper one year after launch.
- ✓ The Bolt was Chevrolet's best-selling EV, discontinued despite strong popularity.
Quick Summary
The Chevrolet Equinox EV positions itself as a practical successor to the beloved Bolt, offering an affordable entry into electric vehicles. Launched with a starting price of $34,995, it echoes the Bolt's appeal from 2017 by providing over 230 miles of range without breaking the bank. While the base LT1 trim remains somewhat basic, the LT2 model at $40,295 includes conveniences like heated seats and wireless charging.
Executives assured fans that this vehicle, built on an advanced platform previously known as Ultium, improves upon the Bolt's shortcomings, such as slow charging and uncomfortable seats. Although the $7,500 IRS tax credit is no longer available, the Equinox EV still delivers substantial value. Used versions with solid specifications are already appearing on the market at reduced prices, just a year after launch, making it accessible for bargain hunters. Overall, the Equinox EV combines drivability, affordability, and modern EV essentials in a compact package.
The Legacy of the Chevrolet Bolt
The Chevrolet Bolt garnered significant goodwill as one of the first affordable long-range electric vehicles. Introduced in 2017, it achieved more than 230 miles on a single charge, a notable accomplishment at the time.
Despite imperfections like slow charging speeds and uncomfortable seats, the Bolt proved enjoyable to drive. Its accessibility allowed buyers without substantial means to enter the EV market.
The decision to discontinue the Bolt disappointed many enthusiasts. As Chevrolet's best-selling electric vehicle by a wide margin, it outperformed competitors in sales despite lacking some modern features found in newer EVs.
Addressing Fan Concerns
Executives responded to the backlash by promising a superior replacement. This new model would build on the Bolt's strengths while rectifying its weaknesses.
"“Not to worry,”"
— Chevrolet executives
Introducing the Equinox EV Platform
The Chevrolet Equinox EV arrives as the direct heir to the Bolt's throne. Constructed on a platform once referred to as Ultium, it represents Chevrolet's continued commitment to accessible electric mobility.
This vehicle maintains a compact size suitable for everyday use, avoiding the bulk of larger SUVs. It targets consumers seeking an EV that is neither oversized nor overly costly.
Early prototypes impressed with their handling, much like the Bolt's debut at events such as CES in 2016. The Equinox EV aims to preserve that engaging driving experience.
Platform Evolution
While the underlying architecture has evolved, the focus remains on practicality. The shift away from the previous naming convention underscores ongoing refinements in Chevrolet's EV strategy.
Pricing and Trim Options
The Equinox EV starts at $34,995, mirroring the Bolt's original launch price. This figure made it particularly attractive when paired with the now-eliminated $7,500 IRS clean vehicle tax credit.
The base LT1 specification offers essential features but feels somewhat stripped down. Buyers seeking additional comforts must opt for the LT2 trim, priced at $40,295.
- Heated seats for enhanced comfort
- Wireless charging for devices
- Other modern conveniences not available in the base model
Historically, the Bolt's higher trim reached nearly $42,000, providing context for the Equinox EV's pricing structure.
Used Market Opportunities
Just one year after its debut, used Equinox EVs with respectable specifications are available at significantly lower prices. This development benefits those prioritizing bargains in the EV segment.
Value in the EV Landscape
The Chevrolet Equinox EV delivers considerable electric vehicle capability for its sub-$35,000 entry point. It addresses the Bolt's legacy by offering improved range and drivability without excessive cost.
While charging speeds and seat comfort were pain points for the Bolt, the Equinox EV builds toward better user experiences. Its position in the market appeals to a broad audience, from first-time EV owners to those upgrading affordably.
In a landscape dominated by pricier options, the Equinox EV stands out for its balance. The availability of used models further enhances its accessibility.
Conclusion: A Practical Choice
Ultimately, the Equinox EV fulfills the promise of an attainable electric SUV. By honoring the Bolt's pioneering role while introducing refinements, Chevrolet ensures continued relevance in the evolving EV sector. For consumers valuing efficiency and economy, it represents a compelling option that aligns size, price, and performance effectively.
