If you own (or lease) a 2017 Chevy Bolt EV model or newer, you could be eligible for up to $3,000 off the new fully electric Equinox. Chevy is offering big incentives as it looks to ramp up EV sales in 2024.
Chevy Bolt EV owners eligible to save on the Equinox EV
Chevy Bolt EV owners looking to upgrade can now score up to $3,000 to buy the all-new Equinox EV.
According to a new memo sent to dealers (via CarsDirect), if you own or lease a 2017 Chevy Bolt EV or EUV model, you could be part of its new incentive offer.
Through April 30, Chevy is offering up to a $3,000 discount if you lease or finance at a special rate through GM Finance. Although loyalty discounts are common, this is a significantly higher offer than most.
If you choose to buy the new Equinox EV but don’t finance it, the deal takes $2,500 off the starting price.
Chevy already expects the Equinox EV to be one of the most affordable (if not the most) in its class. The electric SUV starts at just $34,995 with up to 319 miles range. That includes the $1,395 destination fee. With $3,000 off, the Chevy Equinox EV starting price could fall to as low as $31,995.
Chevy Equinox EV trim
Starting Price
1LT FWD
$34,995
2LT FWD
$43,295
2RS FWD
$44,795
3LT FWD
$45,295
3RS FWD
$46,795
Chevy Equinox EV prices (including $1,395 destination fee)
However, the automaker is currently only taking orders for the 2LT and 3LT trims. The entry-level 1LT is expected to roll out later this year.
The deal does not extend to the new Blazer EV, which just came off a stop-sale with lower prices starting just over $50,000.
For now, Chevy’s cheapest Equinox starts at $43,295. The Chevy Blazer EV starts at $50,195 after the recent $6,520 price cut.
Both the Chevy Equinox and Blazer EVs are eligible for the full $7,500 tax credit, promoting even lower prices. With the tax credit, the Equinox EV (2LT) starts at as low as $35,795. Chevy Blazer EV prices start at $42,695 with the tax credit included.
EV model
Starting Price (including destination fee)
Range (EPA-est miles)
Screen Size
Chevy Equinox EV 1LT
$34,995
319 mi
17.7″
Chevy Equinox EV 2LT
$43,295
319 mi
17.7″
Tesla Model Y RWD
$45,380
260 mi
15″
VW ID.4 Standard RWD
$40,290
209 mi
12″
Hyundai IONIQ 5 standard range
$43,175
220 mi
12.25″
Nissan Ariya Engage FWD
$44,555
216 mi
12.3″
Volvo EX30 single-motor extended range
$36,245
275 mi
12.3″
Chevy Equinox EV vs the competition (Source: Chevrolet)
Chevy announced a more affordable Blazer EV LT FWD will debut later this year with prices starting under $50,000 (not including the tax credit). The Chevy Blazer EV 2LT AWD features up to 279 miles range.
In comparison, Tesla’s Model Y starts at $44,990 with up to 260 miles range. With the tax credit, the starting price is as low as $37,490.
Meanwhile, Chevy is retiring its current Bolt EV as it prepares to launch a new Ultium based model next year. The Ultium Bolt EV will feature LFP batteries to drive costs down. With some models left, Bolt EVs are selling for under $20,000 with the tax credit included.
Are you ready to drive off in your new all electric Chevy at some of the lowest prices? We can help you get started shopping today. You can use our links below to find deals on Chevy’s EVs at a dealer near you.
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Another electric Jeep SUV is almost here. With its official debut just around the corner, Jeep’s new Recon EV was spotted charging in production form, giving us our best look at the Wrangler-inspired SUV. Will the Recon live up to its legendary predecessor?
With its first all-electric luxury SUV, the Wagoneer S, arriving at US dealerships any day, we are already getting a look at Jeep’s next EV.
The Recon is Jeep’s second global electric SUV. It was first unveiled in 2022 alongside the Wagoneer S and Avenger as part of its new EV lineup. The Avenger was launched in early 2023 in Europe, but it’s not expected to arrive in the US.
While Jeep is preparing for the first Wagoneer S deliveries in the US, many are even more excited for its next electric SUV.
Although we’ve seen the Recon several times as it inches closer to its official debut, the most recent image reveals the electric SUV in production form.
After introducing the concept, Jeep claimed the rugged EV was still built to conquer any terrain but with zero tailpipe emissions. Perhaps even better, it can do it in near silence.
Jeep says the Recon is “inspired by the legendary Wrangler.” It will feature similar options like removable doors and windows.
Jeep’s Recon EV sheds camo charging ahead of launch
Jeep’s former CEO, Christian Meunier, said the Recon EV could tackle the “mighty Rubicon Trail.” For those unfamiliar with the Rubicon, it’s considered one of the most challenging off-road trails in the world. The rocky terrain, narrow paths, and steep hills make the Rubicon tough for even the most seasoned off-road warriors.
The new image from Kindelauto finally reveals the Jeep’s Recon EV in production form while charging at an EVgo station.
As the electric SUV progresses, it looks more and more like a Ford Bronco. The Recon’s rugged, boxy exterior remains close to the concept.
Earlier this month, we got our first look at the interior. The folks at JeepReconForum spotted a prototype in Michigan with the interior almost completely uncovered. You can see a large infotainment at the center with a smaller driver display screen next to it.
The photos also showed that it included Jeep’s signature Selec-Terrain system. You can see “Rock” and “Mud” modes on the traction interface system, while other options like Snow, Sport, and Tow are expected to be included.
Interestingly, the display screen shows a 147-mile range remaining at 66% charge, suggesting a range of around 223 miles.
With the Wagoneer S expected to have a range of over 300 miles, the Recon should provide a similar range based on the same STLA Large platform.
The Wagoneer S will begin arriving at US dealerships in January 2025, starting at $71,995. Jeep launched the electric SUV’s first marketing campaign earlier this week, proving that “Beautiful Things Can Still Get Dirty.”
Jeep’s Recon EV is expected to officially debut in early 2025. Although prices have yet to be confirmed, it’s expected to start at around $60,000. More premium trims, like the Rubicon, could cost upwards of $80,000.
Source: Kindelauto
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In January 2023, Tesla announced an expansion of Gigafactory Nevada to build the Tesla Semi in volume.
However, more than a year later, we hadn’t heard much about the effort.
Earlier this year, Tesla finally started to move some dirt and get some construction going at the site of the new factory. It sounded like plans changed and instead of expanding the existing Giga Nevada as originally planned, Tesla started building a new factory next to the existing one.
Now, right before the end of the year, Tesla released an update on the progress at the plant (via Dan Priestley, head of the Tesla Semi program, on X):
Yesterday, Semi Factory Nevada topped off the main area of the building with the last major piece of structural steel! Fantastic design and execution by this construction team and our contractor partners with focus on safety and efficiency. This factory is going to rock!
He shared a few pictures:
The structure came together rather quickly, but there’s still more work to be done until Tesla can achieve production.
Tesla aims to set up the factory throughout 2025 and bring the Tesla Semi to production on the new lines by the end of the year.
Vietnamese automaker VinFast is pulling a late demand lever in 2024 to entice US customers to get behind the wheel of its VF 8 SUV. Designed for SUV-loving families in the US, the VinFast VF 8 is now available to lease for well under $300 a month with $0 down.
The VF 8 is VinFast’s ($VFS) flagship EV, hitting the US market two years ago as a 2023 model. We drove the VF 8 early on, and it was fine, but there were some clear bugs that needed to be sorted out. We noted that 2024 would be a pivotal year for the Vietnamese automaker looking to raise revenues and make up for missed delivery targets in 2023.
Although it faced early software hiccups, VinFast pushed forward to get more of its VF 8 SUVs on US roads, pulling demand levers while expanding its stateside dealer network. Today, VinFast has announced an enticing new lease program for the VF 8 that requires $0 down at signing.
Source: VinFast.com
VinFast is offering a VF 8 lease for $279/month
VinFast published a press release today that is more of a love letter to its flagship VF 8 SUV, which includes a little tidbit about a new lease deal. Once you get through the paragraphs of the Vietnamese automaker shilling its innovation and nod to its spot on TIME’s 2024 list of influential companies, there’s a juicy little bonus for any customers interested in a super cheap EV lease from a relatively unknown and unproven automaker.
VinFast hailed its new VF 8 lease offer as one of the most competitive in the US, and that’s hard to argue. Right now, you can lease a base-level ECO trim of the SUV for $0 down and $279 a month thereafter. The VinFast VF 8 lease term is 24 months and includes 10,000 miles a year.
Note that VinFast does not have showrooms in all 50 states yet, so if interested, it’s best to see if the VF 8 and subsequent lease are even possible in your area. What do you think? Would you test out a VF 8 for two years and save some green?
Electrek’s take
The value of this lease offer for a VF 8 from VinFast can’t be denied, but it’s still a tough sell for a number of reasons. As someone who has driven the VF 8, I think it’s more than adequate and can do the job for many people, especially those new to EVs who don’t have anything to compare it to.
My first ride was far too early on in the development process, and there were too many issues for me to forget, so I’d personally pass on this offer. However, VinFast has done a lot of work to resolve those software issues for other consumers.
I still think the biggest hurdle here is brand awareness. The average US consumer has no idea VinFast exists and is not seeking out more information on it to perhaps stumble upon this VF 8 lease deal. It’s a steal for those who are aware of the brand and feel comfortable committing to two years of driving one, but that feels like a niche segment in an already small market sample.
I also think this demand lever shows evidence that VinFast is not making the impact on the US market it had hoped with the VF 8. I’ll be interested to see where their 2024 financials land and how those compare to a year ago, when deliveries were lower than expected. We will keep an eye on that and report back.
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