Report: Chevrolet Is Already Cooking Up a Next-Generation Equinox EV
What's happening
Chevrolet is developing a next-generation Equinox EV that will launch for the 2029 model year. The redesigned compact electric SUV will be built on an entirely new platform.
Who's involved
Chevrolet, General Motors' mass-market brand, is spearheading the development. GM has been aggressively expanding its EV lineup as part of its broader electrification strategy.
Why it matters
The next-gen Equinox EV signals GM's commitment to refreshing its electric vehicle portfolio with more advanced technology and capability. A new platform typically means improved range, performance, and cost efficiency, which could strengthen Chevrolet's competitive position in the growing affordable EV segment.
More context
The current Equinox EV launched in 2024 as one of Chevrolet's most affordable electric options, priced competitively to undercut Tesla's Model Y. GM has been investing heavily in EV development and battery technology to meet electrification targets. The 2029 timeline suggests Chevrolet will use the intervening years to refine the platform and integrate next-generation battery innovations. A redesigned platform typically enables manufacturers to reduce production costs while expanding features, which is critical as the EV market becomes increasingly price-sensitive.