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An affordable Chevy Camaro EV? That could become a reality. GM President Mark Reuss says the Camaro needs to be revived as a real pony car, hinting it could start at $35,000, similar to the new Equinox EV.

Since announcing it will retire the sixth-gen Chevy Camaro at the end of the 2024MY, rumors have swirled about the iconic muscle car’s next chapter.

Chevy says this is not the final chapter for the nameplate. A December 2022 Car and Driver post suggested the Camaro could even receive its own sub-brand.

The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment.

Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. The report also mentioned the possibility of a “mid-price” flagship electric sports car “loosely linked to the C9 Corvette in content.”

One thing is for sure: the Camaro name will live on. Scott Bell, vice president of Chevy Global, confirmed, “This is not the end of Camaro’s story” last year.

Affordable-Chevy-Camaro-EV
2024 Chevrolet Camaro ZL1 with Collector’s Edition Package (Source: Chevrolet)

Chevy Camaro to live on as an affordable ($35K) EV

Reuss recently confirmed the news, telling MotorTrend that the Camaro needs to make a comeback as a real pony car, but with electric power.

He hinted it could be priced around $35,000, similar to the new Chevy Equinox EV. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. In comparison, the sixth-gen Camaro started at just over $30,000.

Chevy plans to keep the prices down by focusing on style and features rather than strictly performance.

Chevy-Equinox-EV-deliveries
2024 Chevy Equinox EV 3RS (Source: Chevrolet)

The report suggests GM has yet to decide if it will be a car or crossover, but it likely won’t be a two door like many were hoping for. However, don’t count out a high-performance variant in the coming years.

GM has yet to reveal official specs and info, but the Chevy Camaro EV is expected to ride on its Ultium platform, which is also used for the Blazer, Equinox, Silverado, and GMC Hummer EV, Cadillac Lyriq EVs.

GMC-EV-Trucks-Hummer-2022
Hummer EV (Source: GMC)

The GMC Hummer, based on the Ultium platform, packs up to 1,000 hp and 11,500 lb-ft of torque. GM says the Ultium battery enables +300 miles range (the Silverado EV gets 440 miles) and a 0 to 60 mph in as little as 3 seconds. It also supports FWD, RWD, and AWD.

Would you buy an electric Camaro? If so, would you buy it for style and features, or performance? Let us know your thoughts below.

Meanwhile, the first Chevy Equinox EVs are being delivered to customers. Although the cheapest model (2LT) starts at $43,295, GM says the $34,995 (1LT) version will be available later this year.

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)

With the $7,500 tax credit, the Equinox can be bought for as low as $35,795. The 1LT will be available with prices as low as $27,495.

The Chevy Blazer EV is also eligible for the credit. After recent price cuts, the electric Blazer starts at $42,695, including the credit.

GM revealed specs for the new Chevy Silverado EV RST First Edition. It will have 440 mile range with GM-estimated 754 hp and 785 lb-ft of torque.

If you’re in the market for a new EV, Chevy is offering massive savings on its new Blazer, Equinox, and Silverado EVs as they hit the market. You can use our links below to find deals on Chevy’s new EVs at a dealer near you.

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China overhauls EV charging: 100,000 ultra-fast public stations by 2027

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China overhauls EV charging: 100,000 ultra-fast public stations by 2027

China just laid out a plan to roll out over 100,000 ultra-fast EV charging stations by 2027 – and they’ll all be open to the public.

The National Development and Reform Commission’s (NDRC) joint notice, issued on Monday, asks local authorities to put together construction plans for highway service areas and prioritize the ones that see 40% or more usage during holiday travel rushes.

The NDRC notes that China’s ultra-fast EV charging infrastructure needs upgrading as more 800V EVs hit the road. Those high-voltage platforms can handle super-fast charging in as little as 10 to 30 minutes, but only if the charging hardware is up to speed.

China had 31.4 million EVs on the road at the end of 2024 – nearly 9% of the country’s total vehicle fleet. But charging access is still catching up. As of May 2025, there were 14.4 million charging points, or roughly 1 for every 2.2 EVs.

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To keep the grid running smoothly, China wants new chargers to be smart, with dynamic pricing to incentivize off-peak charging and solar and storage to power the charging stations.

To make the business side work, the government is pushing for 10-year leases for charging station operators, and it’s backing the buildout with local government bonds.

The NDRC emphasized that the DC fast chargers built will be open to the public. This is a big deal because a lot of fast chargers in China aren’t. For example, BYD’s new megawatt chargers aren’t open to third-party vehicles.

As of September 2024, China had expanded its charging infrastructure to 11.4 million EV chargers, but only 3.3 million were public.

Read more: California now has nearly 50% more EV chargers than gas nozzles


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Two charged in $650 million global crypto scam that promised 300% returns

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Two charged in 0 million global crypto scam that promised 300% returns

A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.

Kevin Lamarque | Reuters

Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.

The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level marketing scheme that promised investors 300% returns over 16 months through foreign exchange trading.

“This case exposes the ruthless reality of modern financial crime,” said the Internal Revenue Service’s Chief of Criminal Investigations Guy Ficco. “OmegaPro promised financial freedom but delivered financial ruin.”

From 2019 to 2023, Sims, Reynoso and their co-conspirators allegedly lured thousands of victims worldwide to purchase “investment packages” using cryptocurrency, falsely claiming the funds would be safely managed by elite forex traders, the Department of Justice said.

Prosecutors said the pair flaunted their wealth through social media and extravagant events — including projecting the OmegaPro logo onto the Burj Khalifa, Dubai’s tallest building — to convince investors the operation was legitimate.

A video posted to the company’s LinkedIn page shows guests in evening attire posing for photos and watching the spectacle in Dubai.

Read more CNBC tech news

In reality, authorities allege, OmegaPro was a pyramid-style fraud.

When the company later claimed it had suffered a hack, the defendants told victims they had transferred their funds to a new platform called Broker Group, the DOJ said. Users were never able to withdraw their money from either platform.

The two men face charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, each carrying a maximum sentence of 20 years in prison.

The Justice Department, FBI, IRS-Criminal Investigation, and Homeland Security Investigations led the multiagency investigation, with help from international partners.

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Tesla forced to refund $10,000 FSD payment and 0% interest on Cybertruck

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Tesla forced to refund ,000 FSD payment and 0% interest on Cybertruck

Tesla is starting to experience some consequences for misleading Full Self Driving customers – at least that’s the finding of one arbitration ruling that has Tesla refunding one customer $10,000 plus legal fees for failing to deliver on their promises. Find out more on today’s legally challenging episode of Quick Charge!

An arbitration “court” found that Tesla misled customers with its Full Self Driving product, and has now been forced to refund at least one person’s $10,000 payment (plus legal fees) for the not-quite autonomous driving software. France, too, is piling on claims of deceptive business practices – but there’s some good news for FSD fans! If you’re still willing to pay for it, Tesla will thrown in 0% financing on a brand new Cybertruck.

Check out the relevant links, below, to learn more.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

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New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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