General Motors introduces the $30,000 Chevrolet Equinox

General Motors made a huge splash with the unveiling of the Chevrolet Equinox.

The compact SUV is packed with features, but its price might be its most significant feature.

With a starting price of around $30,000, the Equinox is the cheapest electric SUV in the North American market.

Although General Motors made the price announcement back in January, many expected it to slide with rising inflation and material costs.

With its $30,000 price point, the Equinox will also fall under $7,500 federal tax credit.

Which means for the base model, buyers could snag it for $22,500.

Although the pricing is fantastic, the Equinox is not giving away anything in terms of features.

The SUV will feature a large infotainment screen, available Super Cruise and a host of standard and available driver-assist technologies such as Chevy Safety Assist, Rear Park Assist, Reverse Automatic Braking and Blind Zone Steering Assist.

The vehicle is being built on GM‘s Ultium platform and will provide quite a few extra comfort features we see in most modern SUVs.

As well, the Equinox will come in three trim levels, the 1LT, the 2LT and the RS.

Scott Bell, Vice President of Chevrolet, had this to say on the announcement:

The Equinox EV is an EV for everyone. It’s an affordable game-changer, offering an uncompromising experience with more features that won’t change your daily routine — except that you will no longer have to stop at the gas station.

Although we have not seen anything official regarding range, the base model is estimated to get around 250 miles.

While the FWD version will see around 300 miles, and the eAWD clocking in at about 280 miles for all three trims.

Unlike the Blazer EV, the Equinox will not have a RWD version.

Chevrolet did not provide Equinox’s release date or estimated shipping date.

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