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The Lightning was the second electric truck to hit the market after the Rivian R1T, but the field has grown more crowded in recent times with the release of the Chevrolet Silverado EV and GMC Sierra EV, both direct competitors to the Ford. The Blue Oval has an existing offer for Tesla drivers that provides up to $1,500 off the truck.
GM said the growth comes as it offers a wide range of options, including electric SUVs like the Chevy Blaze EV and affordable models like the Chevy Equinox EV. And that’s before the $7,500 EV tax credit. Over 15,000 Chevy Equinox models were sold in Q3, what GM calls “the most affordable EV in the US with 315+ miles of range.”
General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit). A more affordable Blazer EV is set to debut later this year.
GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. GM claims the Equinox is the “most affordable” EV with over 315 miles range. All models qualify for the $7,500 EV tax credit.
GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. GM claims the Equinox is the “most affordable” EV with over 315 miles range. All models qualify for the $7,500 EV tax credit.
” 2024 GMC Sierra EV Denali Edition 1 Ford announced its joint-venture battery plant with CATL in February of last year, touting it a key to EV affordability. In September, GM CEO Mary Barra told The Wall Street Journal that Ford’s partnership with CATL “could be the harbinger of Chinese domination of U.S.
Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. Join us as we recap highlights from 2023 and flag big things to expect in 2024.
New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.
New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.
Sure, if you need to make lots of long trips in a car, and can only afford to have one car, then probably a Tesla’s not for you. Where is affordable. With this price I can buy a nice used C200 class Mercedes and still have money to afford Gas……uuuuuugh. Please wake up…… — Anthony 20.
On the crossover side, both the Chevy Blazer EV and Equinox EV each offer their own takes on the five-passenger family SUV, with the cost of base model Equinox LT FWD models with 319 miles of EPA-rated range dropping to just $27,500 after you apply the $7,500 Federal tax credit (which, for now at least, is still a thing). Volkswagen ID.4
On the crossover side, both the Chevy Blazer EV and Equinox EV each offer their own takes on the five-passenger family SUV, with the cost of base model Equinox LT FWD models with 319 miles of EPA-rated range dropping to just $27,500 after you apply the $7,500 Federal tax credit (which, for now at least, is still a thing). Volkswagen ID.4
We dont want to sound alarmist, but it sure looks like President-elect Donald Trump and his billionaire buddies are plotting to kill federal EV tax credits somewhat sooner than later and the tariffs theyre promising arent going to make cars cheaper anytime soon, either. GMC 2025 GMC Sierra Denali EV AT4 shown. Volkswagen VW ID.4X
2025 Chevrolet Equinox EV Separately, Reuters also notes that tariffs could affect the price of the Chevrolet Equinox EV , currently GM’s most affordable electric model. It’s assembled in Mexico and costs $34,995 before a $7,500 federal EV tax credit Trump is expected to take away.
The truth is that electric vehicles aren't a reliable option for everyone, nor are they affordable. This winter, residents in the Sierra Nevada mountains lost power for days due to heavy snow storms. This winter, residents in the Sierra Nevada mountains lost power for days due to heavy snow storms. said Congressman LaMalfa.
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