Chevrolet Equinox EV Price Reduction: Affordable Electric SUVs for 2026
The 2026 Chevrolet Equinox EV, one of the most affordable electric vehicles in the U.S., has received a significant price reduction of up to $10,000, representing a 20% discount. This move comes as part of GM's efforts to boost EV sales following the expiration of the federal EV tax credit in Q3 2025. The discounts apply to all trims of the Equinox EV lineup, with the range-topping Equinox EV RS receiving the highest price cut.
With the discounts in place, the base Equinox LT1 trim now starts at $30,295 for the FWD version and $35,595 for the AWD version, after factoring in the $6,500 customer cash discount. This pricing makes the Equinox LT1 FWD almost as affordable as the new 2027 Chevy Bolt LT, which starts at $28,995. The Equinox LT1 FWD offers a longer range of 319 miles, more interior space, and better standard equipment compared to the Bolt LT, making it a compelling choice at this price point.
The 2026 Equinox EV LT2 mid-level trim is now available with a starting MSRP of $35,595 for the FWD version and $38,895 for the AWD version after applying the $8,000 customer cash discount. The LT2 trim offers additional comfort, convenience, and safety features, including a four-camera HD Surround Vision system, wireless charging, power liftgate, heated front seats and steering wheel, and higher-quality interior materials and exterior styling enhancements.
Overall, the price reductions on the Chevrolet Equinox EV lineup make these electric SUVs even more attractive to buyers looking for affordable and feature-rich electric vehicles. The increased discounts on the Equinox EV models provide customers with the opportunity to own a reliable and efficient electric vehicle at a more accessible price point, making them a compelling choice in the EV market.