Summary
– Chevy Equinox EV is the cheapest way to get more than 300 miles of range in a new car
– More automakers are offering EVs priced around $35,000 or less
– Equinox EV is GM’s most affordable Ultium EV and undercuts other similar models
– The Equinox EV shares common components with other cars, keeping its price low
– The Equinox EV has features like Super Cruise, Google Assistant, and automatic liftgate opening, making it a strong deal for customers.
Article
### More Affordable Electric Cars on the Market
The 2024 Chevrolet Equinox EV is making waves in the electric vehicle market by offering more than 300 miles of range at an affordable price point. Priced around $35,000 or less, the Equinox EV is part of a growing trend among automakers to offer more affordable options in the electric space. With the base model starting at $34,995 before tax credits, the Equinox EV is positioned to appeal to a wider audience and bring long-range electric vehicles more mainstream.
### Scale and Affordability in the Equinox EV
General Motors credits Ultium’s scale for making the Equinox EV the cheapest way to get more than 300 miles of range in a new car. By utilizing common components across multiple brands and sharing technology with other models, GM was able to keep costs down and offer a competitive price point for the Equinox EV. The modular battery packs designed for energy ranges from 50 kWh to over 200 kWh allow for flexibility in the platform’s design.
### Overcoming Setbacks in the Electric Front
GM faced challenges with software bugs and automated production of battery packs in the development of the Ultium platform. However, with new hires from the tech space and a renewed focus on electric vehicles, the company is looking to make a comeback in 2024. Despite a global slowdown in the rate of EV adoption, electric sales remain the fastest-growing sector in the automotive industry. The Equinox EV is poised to capitalize on this trend and appeal to consumers looking for an affordable electric option.
### Features and Technology in the Equinox EV
While the Equinox EV is more affordable than other GM electric vehicles, it doesn’t compromise on features or technology. The crossover offers Super Cruise hands-free automated driving assistance, Google Assistant voice controls, automatic liftgate opening, and other advanced tech features. The decision to offer front-wheel drive or all-wheel drive options was based on customer preferences and plans for scaling electric motors across the Ultium lineup.
### The Equinox EV and the Future of Electric Vehicles
The Equinox EV represents GM’s commitment to building an entire family of future EVs on one common architecture. By offering a familiar driving experience to customers of the gas-powered Equinox, GM hopes to convert existing customers and attract new ones to the electric variant. With a focus on affordability, range, and technology, the Equinox EV is positioned to be a top contender in the growing market for electric vehicles.
### Conclusion
With the introduction of the 2024 Chevrolet Equinox EV, GM is bringing affordability and range to electric cars in a new way. By leveraging ultium’s scale and common components across multiple brands, GM was able to offer a competitive price point for the Equinox EV. With a focus on technology, features, and customer preferences, the Equinox EV is set to make an impact in the electric vehicle market and attract a broader audience to electric cars.
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