One of the most budget-friendly electric SUVs on the market is about to become a little less enticing. Thanks to upcoming changes in federal EV tax credit eligibility, this standout model may soon lose one of its biggest advantages, a $7,500 incentive that’s helped make it a top choice for value-conscious buyers.

With a competitive price, solid range, and a well-equipped interior, this electric SUV has been a gateway into EV ownership for many Americans. Its approachable pricing combined with the federal tax credit made it one of the most cost-effective ways to go electric in 2025, but that window is closing fast.

If you’ve been considering the switch to an EV, now may be the best time to act. Once the credit disappears, this model will still offer great value, but not quite the same unbeatable deal. Here’s why it’s worth a closer look before the incentive runs out.

Related

The Affordable Electric Sedan That Challenges Luxury Automakers in 2025

This budget EV punches above its weight, offering premium features and impressive performance.

The Chevrolet Equinox EV is Exceptionally Affordable With the Tax Credit

With the $7,500 tax credit set to go away at the end of September this year, there couldn’t be a better time to buy a new EV. If you’re looking for something affordable, then there is no better option than the Equinox EV, especially if you want the addde practicality and versatility of a crossover.

2025 Trims and Pricing

The Equinox EV is currently the most affordable electric SUV that you can buy, with most other competitors starting above the $40,000 mark. This alone makes it an exceptionally attractive choice. If you take into account the $7,500 tax credit, though, the total cost of a new Equinox EV can be as low as $26,100. For a compact SUV, that is a fantastic deal. There aren’t even any gas-only compact SUVs with MSRPs that low.

With a cost so low, you can deck out your 2025 Chevrolet Equinox without feeling too guilty. Even the most expensive RS would only cost you $35,900 after factoring in the credit. This is the way we would go, as you get a ton of features for a price that is impossible to argue with. We’d also select the all-wheel drive powertrain, which costs an additional $3,300.

Changes For 2025

Chevrolet has left the Equinox mostly unchanged for its second year on the market. They have, however, slightly improved the electric motors, resulting in some additional power. Front-wheel drive models have seen a seven-horsepower jump from 213 horsepower to 220, and all-wheel drive models have gone up by 12 horses for a total of 300 horsepower.

Warranties and Maintenance

• Limited Warranty – Three Years or 36,000 Miles
• Powertrain Warranty – Five Years or 60,000 Miles
• Electric Component Warranty – Eight Years or 100,000 Miles

The coverage offered on the Equinox is pretty standard. Both the bumper-to-bumper coverage and powertrain warranty are around average for this segment. The coverage of the electrical components, including the battery, offers pretty good peace of mind for those hesitant about making the switch to electric. Hyundai, however, offers a much more comprehensive package on the Ioniq 5. Chevrolet does, however, throw in your first maintenance visit on the house.

Related

The Ultimate Bang For Your Buck EV In 2025

This 2025 EV delivers top-tier range, tech, and performance at an unbeatable price, making it the best value choice in the electric market.

Chevrolet’s Equinox Can Deliver Over 300 Miles On a Single Charge

One of the biggest barriers preventing most people from making the switch to electric cars is range. Not only is the Equinox a fairly perky EV, delivering the acceleration that you’d expect from a crossover running on electricity, but Chevrolet makes some pretty impressive promises when it comes to how far you can go on a single charge.

Performance Specifications

Front-wheel drive versions of the Equinox come with a single electric motor that powers the front axle, delivering 220 horsepower. In this form, the Equinox is perkier than the average gas-powered compact SUV, but not exceptionally quick. The dual-motor all-wheel drive model, however, is fast.

The Equinox may not be the most engaging SUV that you could buy, but if you’re someone who is just looking for a comfortable crossover to get you around, it will definitely satisfy. Its ride is smooth and compliant, eating up most bumps in the road with no problem. You can also choose between three levels of regenerative braking, with one-pedal driving available on the highest setting.

Efficiency, Battery, and Range

Every Equinox comes with the same 85-kWh battery pack, which is pretty generous for a crossover at this price point. The difference between the front-wheel drive and all-wheel drive models is pretty small when it comes to efficiency, which is relatively impressive. These two factors together mean that no matter what Equinox you opt for, you’ll get more than 300 miles on a single charge.

Every model comes equipped with DC fast charging capability, meaning it doesn’t take long to recharge your battery once depleted. Chevrolet claims that you can add up to 70 miles of range in as little as ten minutes.

Key Safety and Driver Assist Features

• Automatic Emergency Braking
• Lane Keep Assist with Lane Departure Warning
• Automatic Emergency Steering
• IntelliBeam Automatic High Beams
• Adaptive Cruise Control

Chevrolet has equipped the Equinox EV with a plethora of standard safety features and driver assists. Alongside things like collision detection and avoidance systems, adaptive cruise control is also available. The Equinox EV is also offered with GM’s SuperCruise hands-free driving mode, which is usable on over 400,000 miles of road now.

The NHTSA has also put the Equinox EV through its paces and scored it five stars out of five for its exceptional crash test results.

Related

2025 EVs With Massive Batteries and Game-Changing Range

These 2025 EVs are pushing boundaries with huge batteries and jaw-dropping range. Here’s what’s setting the new standard for electric driving.

Comfortable, Practical, and Loaded With Modern Technology

For its price point, even excluding the $7,500 tax credit, the Equinox EV has a pretty impressive cabin. As well as a ton of technology, as one would expect in an electric vehicle, Chevrolet has imbued the crossover with some upscale materials and plenty of storage solutions.

Interior Dimensions and Comfort

While not the outright largest in its segment, the Equinox EV is not small by any means. Even the tallest of passengers will feel more than comfortable in the backseats, even on longer journeys. Those in the front are treated even better. Cargo capacity is impressive, and you can easily fold the rear seats away and increase capacity up to 57.2 cubic feet.

The Equinox is an exceptionally contemporary crossover, with a dashboard that definitely accentuates the massive screens. While the base model misses some desirable features, lacking even power-adjustable seats, top trims come well-equipped. Things like dual-zone climate control, heated seats, and power-operated, heated seats.

Infotainment and Technology

As mentioned above, the Chevrolet Equinox EV features a digital dashboard, similar to what is offered in the Silverado EV. This consists of an 11-inch digital gauge display and a pretty large 17.7-inch infotainment system. This setup is standard no matter what model you opt for. Unfortunately, Apple CarPlay and Android Auto are no longer on offer. Instead, the system includes built-in apps, like Google Maps and Spotify.

There are a number of USB-C ports throughout the cabin and Bluetooth is standard. A wireless smartphone charging pad is available as an optional extra. A six-speaker sound system is standard on every model. The lack of a premium sound system is something that is likely to disappoint audiophiles.