Chevy is finally beginning sales of its long-anticipated Equinox EV, but before then, I got an invite to Detroit to test it out for myself. I was admittedly skeptical of this EV, but once I got behind the wheel, I realized that the new Equinox is a well-built model with plenty of features and enticing pricing to boot. Be sure to check out my driving impressions in the full video below.
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The Chevy Equinox EV has been a long time coming
As always, I like to start with a bit of a refresher course on how we got to today, with the Chevy Equinox EV on the cusp of reaching its first customers in the US. Chevy has been teasing an all-electric Equinox since early 2022 when it unveiled plans for the model and promised to deliver it at a starting price of $30,000—sorry, “around $30,000.”
Even at around $30k, that’s a game-changing price for a crossover EV, and GM stuck to that price point over the next two years as we learned more about the Equinox, including pictures of its two-toned exterior. However, we were still left guessing on vital metrics like range, battery size, and, of course, verified pricing.
As the official launch approached, we learned that the Equinox EV would begin production in 2024, and Chevy has a lot riding on its success. By February of this year, we learned that “priced around $30,000” actually means “$35,000,” which is higher than expected but still affordable. Plus, the Equinox offers 319 miles of range.
Chevy even started pulling demand levers before Equinox EV deliveries, offering Bolt owners $3,000 off to make the switch. The American automaker has publicly stated hopes for this new all-electric model to help it win back some of its market share, and after driving the crossover SUV, I think that may happen. Here are my thoughts.
Performance specs of the FWD 3LT Chevy Equinox EV
For this drive event, the media traveled to the Motor City, home of GM and Chevy, where we all got to test out various FWD versions of the Equinox EV. My driving partner (shout out to Jared) got downstairs early and snagged us the only two-toned version, which happened to be the 3LT trim—the second-highest tier below the top-level 3RS.
The Equinox comes equipped with with 19- or 21-inch aluminum wheels and all-season self-sealing tires spun by a single front-wheel-drive motor. GM estimates that the FWD versions of the Equinox EV will deliver 319 miles of range on a single charge. For comparison, the eAWD trims offer an estimated 285 miles of range.
The 3LT delivers 213 horsepower and 236 lb-ft of torque and can accelerate from 0-60 mph in under 8 seconds, while the eAWD trims are slightly more powerful thanks to a smaller air-cooled induction motor in the rear. Those models offer 288 hp and 333 lb-ft of torque, hitting 0-60 mph in under 6 seconds.
Those are not crazy impressive acceleration times, but the Chevy team told us that through its research, it has determined that would-be customers in the crossover BEV segment aren’t looking for blistering speed. What the BEV lacks in giddy-up, it makes up for in range, cargo, and smoothness.
Lastly, all trims of the Equinox EV have DC fast charging capabilities up to 150 kW, garnering a GM estimated 77 miles during a 10-minute session. Level 2 rates peak at 11.5 kW, replenishing an estimated 34 miles of range every hour. Before we get to my driving impressions and video review, let’s look at the Chevy Equinox EV inside and out.
An “athletic” exterior matched by a simple, clean interior
At first glance at the Equinox’s exterior, it appears sleek and aerodynamic, without sacrificing too much of its side profile to the point that it looks like a top-heavy sedan. The headlamps across the entire front and thin and sleek, and the air flaps tie everything together nicely as you move around to the side and really notice the two-toned paint job.
I’m usually not a fan of chrome, but Chevy’s subtle use of it along the wheelbase and windows really works in my opinion. Having the “riptide metallic blue” was awesome to shoot in the sun and in overcast skies, but the color closely matched the Equinox badge on the rear, so my driving partner and I, as well as passersby, joked about the SUV being called the “Quinox” (see for yourself above).
The trunk had plenty of cargo storage and a little extra tub below the carpet that looked like it could double as a cooler. I liked that you could pull a lever to have the seats drop from the trunk rather than walking around to the back seats and doing it yourself. This crossover offers 57.2 cubic feet (1,614 liters) of max cargo room with the rear seat and was surprisingly roomy.
Moving into the cabin, the Equinox EV’s dash and steering wheel are familiar if you’ve driven other Chevy models (or the Honda Prologue or Acura ZDX). The leather is a nice touch that adds to the feel of quality, but there is admittedly nothing extra special about the cockpit. That being said, it is more than adequate and by no means appears cheap or plasticky.
The blue brushed aluminum accents are just subtle enough not to overpower the look and feel of the front seat, but I’m still not sure how I feel about it. To me, it looks like metal that still has a protective film on it. I kept wanting to peel it off and post it to r/OddlySatisfying.
My 3LT came with heated seats but no A/C. This is a potential deal breaker for me personally, but I’m sure most people won’t care. Still, the seats are very comfortable.
The rear is clean but admittedly simple. There is not much to talk about here. There is more leather on the seats and a couple of USB-C ports on the back of the center console, but no HVAC controls. I had plenty of legroom when I was back there, snapping the pics you’ll see below.
The dash features two displays: an 11” driver display and a 17.7” center screen on which you can control virtually everything, including customized ambient cabin lighting. Since we drove during the day, I wasn’t able to experience the full effect, but it’s a nice touch for fun on the road at night.
You can also control the Equinox’s four drive modes from the center screen, which I’ll discuss in my impressions of this Chevy EV on the road.
Driving impressions: SuperCruise does it again
The Chevy Equinox EV has four drive modes: Normal, Snow/Ice, a customizable “My Mode,” and Sport Mode, which I used most of the time. Because it has a single FWD motor, you don’t feel much difference in the ride.
The navigation system was fine, but I admittedly always miss Apple Carplay when I don’t have it. It’s easier. Many times throughout the drive, my partner and I (half) jokingly yelled, “Bring back CarPlay… and bring back the Bolt ASAP, dammit!”
As I experienced in my recent Silverado EV drive and any other Ultium vehicle I’ve driven, SuperCruise shined. The hands-free ADAS is easy to use and makes long highway trips much more enjoyable. It also allowed me to quickly snap photos of my journey, like the one below.
I found the Equinox didn’t try to switch lanes as often as the Silverado EV, but that could have just been the route I was on. Still, I can’t say enough good things about this technology—it feels so much more useful and realistic at this point than full self-driving.
Overall, the cabin experience was quiet and smooth. Road and wind noise were minimal, and bumps were well alleviated by the SUV’s suspension. This made for an enjoyable experience on the highway, in a neighborhood, or on a service road.
Chevy Equinox EV pricing, availability, and our video review
Overall, the Chevy Equinox EV has the makings to be a bonafide winner in the crossover segment and the BEV market overall. It doesn’t necessarily blow you away with its bells and whistles in the interior, but it is more than adequate. It does not appear as quickly developed and assembled as it was (Chevy said this was the fastest BEV brought to market aside from the Hummer).
The ride is smooth and relatively quiet, and the estimated 319-mile range (if confirmed by the EPA) will be a huge selling point for consumers who still don’t understand that they don’t need more than 300 miles of range most days.
While Chevy came in a little higher on starting MSRP than initially teased, $35k for a crossover of this level is an absolute steal, and I think many potential consumers will bite. The 3LT FWD trim I drove starts at an MSRP of $45,295 before taxes and destination fees. Add the full $7,500 federal tax credit potential, and you’re looking at a solid BEV for under $40k, which is a significantly better range than its competitors.
The Chevy Equinox EV is now available to configure and order in both FWD and eAWD versions, including the 2LT, 3LT, 2RS, and 3RS. According to Chevy, the $35,000 base-level LT is expected to hit the market later this year and should still deliver 319 miles of the estimated range. It will be interesting to see how those features and specs compare to the current options, and I trust that we will report back on that and hopefully get behind the wheel of one soon.
In the meantime, you can check out my full video review of my drive in the Chevy Equinox 3LT EV below:
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The all-electric luxury electric SUV is getting significantly cheaper. Lexus launched a new entry-level 2025 RZ trim with starting prices over $10,000 less than last year’s model. And you get just as much driving range.
2025 Lexus RZ electric SUV prices and driving range
Lexus launched its first dedicated EV last year, the RZ electric SUV. Starting at $55,175, the 2024 Lexus RZ 300e has a range of up to 266 miles.
The 2024 RZ 450e AWD, equipped with its dual-moto DIRECT4 system, has a range of up to 196 miles. Prices start at just under $60,000. Both models are offered in Premium or Luxury packages.
Lexus is drastically lowering prices for the 2025 model year. The 2025 Lexus RZ starts at $43,975, and that includes the $1,175 delivery fee.
At under $44,000, prices for the 2025 RZ start at over $10,000 less than last year’s model. The lower price tag comes as Lexus added a new entry-level RZ 300e FWD trim to the lineup.
The 2025 Lexus RZ 300e FWD still has an EPA-estimated 266-mile range (18″ wheels), so despite the lower price, it’s no loss from last year’s model. It’s powered by a 72.8 kWh battery pack from global leader CATL.
Lexus modified the subframe for the FWD model, replacing the rear eAxle from the AWD model. The result is a quieter, smoother drive.
Powered by a 71.4 kWh battery, the 2025 RZ 450e AWD has an EPA-estimated driving range of up to 220 miles (18″ wheels).
2025 Lexus RZ model
Starting Price*
EPA-estimated Driving Range
RZ 450e AWD
$48,675
220 miles
RZ 450e Premium AWD w/ 18″ Wheel
$52,875
220 miles
RZ 450e Premium AWD w/ 20″ Wheel
$54,115
196 miles
RZ 450e Luxury AWD
$58,605
220 miles
RZ 300e FWD
$43,975
266 miles
RZ 300e Premium FWD w/ 18″ Wheel
$48,175
266 miles
RZ 300e Premium FWD w/ 20″ Wheel
$49,415
224 miles
RZ 300e Luxury FWD
$53,905
266 miles
2025 Lexus RZ electric SUV prices and range (*Includes Delivery, Processing and Handling fee of $1,175)
The 2025 Lexus RZ is available in three grades. These include the new entry-level model, in addition to the current Premium and Luxury trims.
Inside, the electric SUV has a minimalistic feel with a standard 14″ infotainment with Apple CarPlay and Android Auto support at the center.
You can also opt for the available 10″ head-up display (HUD), Mark Levinson Surround Sound System, and a host of safety features.
The flat platform provides a spacious interior with 37.52″ of rear legroom, nearly as much as the second row of a Ford Explorer (39″).
With the 2025 model arriving at dealerships soon, Lexus is offering closeout prices on 2024 models with up to $18,500 in lease cash discounts. You can use our link to find the best offers on the Lexus RZ at a dealer near you today.
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Markets dipped lower Friday after a rough week for the S & P 500 , which fell 1.7%. Investors are grappling with the potential impact of a Trump presidency, but Jim Cramer argued this “unease on Wall Street” is premature since we still don’t know how the economy will respond to the new administration. Meanwhile, energy and financials are the top-performing sectors, driven by hopes for deregulation and a pro-business environment. Coterra , our oil and natural gas play, stands to gain from increased drilling activity. Jim would “love to double down on Coterra” since data centers will turn more to natural gas to meet soaring energy needs. 2. Jim said he was nervous about Best Buy , the electronics retailer expected to benefit from the refresh AI-powered PC cycle. He’s concerned about how potential China import tariffs under a Trump presidency would squeeze Best Buy’s operating profit, since many electronics sold by the retailer are manufactured in China. Jim debated on Friday whether to trim Best Buy, but hesitated since it is more of a 2025 play. With a small 2% stake in the company, we’re opting to keep a close watch on sales trends, especially as the latest retail data shows strength in electronics and appliances — an encouraging sign heading into the holiday shopping season. 3. A bright spot in a down market is solar company Nextracker . Solar stocks rose Thursday after a Reuters report suggested clean energy policies under Biden’s Inflation Reduction Act “will be tough to roll back” as companies have already poured money into the programs. Nextracker rallied more than 6% Thursday on hopes that solar might be spared. However, the stock gave up some of those gains Friday, slipping 3%. Jim pointed out that Trump isn’t against solar companies, but rather he’s against the parts made overseas. Nextracker’s solar solutions are made in the U.S. 4. Stocks covered in Friday’s rapid fire at the end of the video were Berkshire Hathaway and Alibaba . (Jim Cramer’s Charitable Trust is long CTRA, BBY, NXT. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan.
Sean Gallup | Getty Images News | Getty Images
A potential decision by Donald Trump to walk back the Biden administration’s climate-geared projects would impact jobs in areas governed by the President-elect’s own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington’s green transition policies.
Referencing the White House’s withdrawal from the Paris Agreement — a 2015 treaty in which nearly 200 governments made non-binding pledges to reduce greenhouse emissions — during Trump’s first mandate, Granholm said the U.S. pressed ahead with projects linked to the green transition that members of Congress wanted to undertake in their districts.
“We are now building all of these projects. We’re building batteries for electric vehicles, we’re building the vehicles, we’re building the offshore wind turbines, we’re building the solar panels. And all of those are factories. And those factories are in districts of members of Congress,” she told CNBC’s Dan Murphy on Friday at the COP29 U.N. climate conference held in Baku, Azerbaijan.
She estimated that 80% of the funding from U.S. President Joe Biden’s legacy bills — the Inflation Reduction Act and the Bipartisan Infrastructure Law — went to U.S. districts represented by Republican leadership.
“It would be political malpractice to undo those opportunities when people are just now getting hired,” she said, stressing benefits to the manufacturing sector and noting that the business community of the world’s largest economy and oil producer now wants a clear course from Washington on its climate policy.
“This isn’t about in [the Paris Agreement], out, shifting back and forth. Let’s have a consistent practice,” she said.
When asked for a response on Granholm’s comments, Karoline Leavitt, a spokeswoman for Trump’s transition team, said the president-elect will “deliver” on the promises he made on the campaign trail.
International focus has now shifted on the shape of the U.S.’ future role in global climate policy, as Trump prepares to take the helm at the White House for a second mandate in January, following a sweeping victory against Democrat candidate Kamala Harris. Trump — who has yet to announce his own pick to lead the U.S. Department of Energy — put hydrocarbons at the front and center of his campaigning agenda, pledging to “end Biden’s delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production.”
The U.S. Energy Information Administration (EIA) in March said that the country already “produced more crude oil than any nation at any time” for the past six years to 2023, averaging a crude oil and condensate production of 12.9 million barrels per day that year — breaking the previous U.S. and global record of 12.3 million barrels per day recorded in 2019, during Trump’s first mandate.
Yet Granholm on Friday stressed that the clean transition is also “unleashed” and will take place regardless of who is leading the White House — and that ignoring climate change risks sacrificing Washington’s position as a frontrunner in the blooming decarbonization industry.
“Why would we take a second, a backseat to an economic competitor like China?” she asked. “They have an economic strategy, they want to be number one. So if we get out of the game, we’re just going to cede that territory all over again. It’s bad strategy for the United States and for workers and for communities across the country.”
As the world braces for the possibility of a second U.S. exit from the Paris Agreement, some climate activists note that the green transition has now gained a different global momentum than during Trump’s first turn at the White House:
“There is no denying that another Trump presidency will stall national efforts to tackle the climate crisis and protect the environment, but most U.S. state, local, and private sector leaders are committed to charging ahead,” Dan Lashof, U.S. director of the World Resources Institute, said in a Nov. 6 statement.
“Donald Trump heading back to the White House won’t be a death knell to the clean energy transition that has rapidly picked up pace these last four years.”
Granholm also identified potential support in Trump’s current entourage, which this week welcomed business tycoon Elon Musk as the president-elect’s choice to head a new Department of Government Efficiency, alongside conservative activist Vivek Ramaswamy:
“His right-hand man, Elon Musk, is somebody who has been strongly in favor of products that … address climate change. Obviously, he’s the founder of Tesla,” Granholm pointed out.
Musk’s environmental stance has come under question over the years, shifting from telling Rolling Stone magazine that “climate change is the biggest threat that humanity faces this century, except for AI” and backing carbon taxes to holding that the world needs hydrocarbon supplies as a bridge to renewable energy.