Chevy Electric Car Price Guide 2024 Latest Models Compared

While the Chevy Bolt EV and Bolt EUV were discontinued after the 2023 model year, their legacy lives on. With starting prices under $27,000 (after federal tax credits), the Bolt was one of the most affordable EVs on the market. Its discontinuation makes room for the new Ultium-based models, which offer longer range, faster charging, and more advanced tech. However, 2023 Bolts are still widely available on the used and certified pre-owned market, often priced between $20,000 and $25,000—making them a smart option for buyers on a tight budget. If you’re considering a used Bolt, check for battery health and available charging infrastructure in your area.

Breaking Down the Price of Chevy Electric Cars by Trim and Features

Understanding the price of Chevy electric cars requires more than just looking at the base MSRP. Trim levels, battery options, drivetrain configurations, and optional packages can significantly impact the final cost. Below is a detailed breakdown of how pricing varies across trims and what you get for the money.

Equinox EV: Trim Comparison and Value Analysis

• 1LT ($43,295): Base model with front-wheel drive, 250-mile range, 19-inch wheels, 11-inch diagonal infotainment screen, and standard driver-assist features. Ideal for city drivers and budget-focused buyers.
• 2LT ($47,495): Adds 20-inch wheels, heated front seats, dual-zone climate control, and available AWD. Range increases to 280 miles with dual motors.
• 3LT ($51,995): Premium interior with leather seats, panoramic sunroof, and upgraded audio. AWD standard, 300-mile range.
• RS ($54,995): Sport-tuned suspension, black exterior accents, 21-inch wheels, and unique interior design. Same 300-mile range.

Tip: The 2LT trim offers the best balance of price and features for most buyers. The AWD option adds about $3,000 but is worth it for drivers in snowy climates or those who want better traction.

Blazer EV: Performance and Luxury at a Price

• 1LT ($48,995): FWD, 250-mile range, 19-inch wheels, 17.7-inch screen, and standard safety suite.
• 2LT ($53,995): Adds AWD, 279-mile range, heated steering wheel, and upgraded seats.
• 3LT ($58,995): Leather upholstery, panoramic roof, Bose audio, and enhanced driver assist (Super Cruise available).
• SS ($65,995): High-performance AWD, 557 hp, 294-mile range, Brembo brakes, and adaptive suspension. A true performance SUV.

Note: The SS trim is a halo model—it’s not designed for maximum range but for excitement. If you prioritize performance over cargo space or efficiency, it’s a standout choice.

Silverado EV: From Work Truck to Luxury Pickup

• WT ($49,995): Designed for commercial use, 250-mile range, basic interior, but robust towing (8,000 lbs).
• LT ($74,995): Adds comfort features, larger screen, and improved tech. 300-mile range.
• RST ($96,495): Luxury trim with 400-mile range, Super Cruise, 24-inch wheels, and premium interior. Towing up to 10,000 lbs.

Pro Tip: The WT model is ideal for fleet managers or contractors. The RST is a luxury statement—comparable to the Ford F-150 Lightning Platinum in features but with a longer range.

Hidden Costs and Incentives: What Affects the Final Price?

When calculating the price of Chevy electric cars, it’s crucial to look beyond the sticker price. Several factors—some adding cost, others reducing it—can influence your total investment. Here’s what you need to consider before making a purchase.

Federal and State Incentives

The U.S. federal government offers a $7,500 tax credit for qualifying EVs under the Inflation Reduction Act (IRA). As of 2024, the Chevy Equinox EV and Blazer EV are eligible for the full credit, while the Silverado EV qualifies only for the $3,750 commercial credit unless purchased by an individual who meets income and sourcing requirements. Additionally, many states offer rebates:

• California: Up to $2,000 Clean Vehicle Rebate Project (CVRP)
• Colorado: $5,000 state tax credit
• New York: $2,000 Drive Clean Rebate

Example: A Colorado buyer purchasing a $47,495 Equinox EV 2LT could save $12,500 ($7,500 federal + $5,000 state), bringing the effective price down to $34,995.

Home Charging Installation

Most Chevy EVs come with a Level 1 charger, but for faster charging, you’ll want a Level 2 home charger (240V). Installation costs range from $500 to $2,000, depending on your electrical panel and distance to the garage. Some states and utility companies (e.g., PG&E, Con Edison) offer rebates covering 50–100% of installation costs. Always check with your local utility before buying.

Insurance and Maintenance

EVs often have higher insurance premiums due to expensive battery repairs, but Chevy’s models are generally competitive. The Equinox EV averages $1,400/year for full coverage, while the Blazer EV SS can exceed $2,200/year due to performance classification. On the flip side, EVs have lower maintenance costs—no oil changes, fewer moving parts, and regenerative braking extends brake life. Over 5 years, Chevy EV owners can save $1,000–$2,000 compared to gas-powered SUVs.

Depreciation and Resale Value

EVs historically depreciate faster than gas cars, but Chevy’s Ultium models are expected to hold value better due to strong demand and long warranties. The Equinox EV is projected to retain 60% of its value after 3 years, compared to 50% for the Bolt. Always consider resale when evaluating long-term cost.

Comparing Chevy EVs to Competitors: Value for Money

To truly assess the price of Chevy electric cars, we need to stack them up against key competitors in their respective segments. Here’s how Chevy’s 2024 EVs compare in terms of price, range, features, and overall value.

Equinox EV vs. Ford Mustang Mach-E vs. Hyundai Ioniq 5

• Chevy Equinox EV 2LT ($47,495): 280-mile range, AWD, 11-inch screen, $7,500 tax credit
• Ford Mach-E Select ($43,895): 247-mile range, RWD, 15.5-inch screen, $3,750 tax credit (due to battery sourcing)
• Hyundai Ioniq 5 SE ($41,650): 266-mile range, RWD, 12.3-inch screen, $7,500 tax credit

Verdict: The Equinox EV offers better range and more standard AWD than the Ioniq 5, and beats the Mach-E in tax credit eligibility. It’s the most well-rounded option under $50,000.

Blazer EV vs. Tesla Model Y vs. Kia EV6

• Chevy Blazer EV 3LT ($58,995): 279-mile range, AWD, 17.7-inch screen, Super Cruise available
• Tesla Model Y Long Range ($48,990): 330-mile range, AWD, 15-inch screen, Autopilot standard
• Kia EV6 Wind ($52,600): 310-mile range, AWD, 12.3-inch screen, fast charging

Verdict: The Model Y wins on range and charging network, but the Blazer EV offers a more premium interior, better warranty (3 years/36,000 miles + 8 years/100,000 miles battery), and Super Cruise—a standout for highway driving.

Silverado EV vs. Ford F-150 Lightning vs. Rivian R1T

• Chevy Silverado EV RST ($96,495): 400-mile range, 10,000 lbs towing, Super Cruise, 350 kW charging
• Ford F-150 Lightning Platinum ($94,995): 320-mile range, 10,000 lbs towing, BlueCruise, 150 kW charging
• Rivian R1T Adventure ($78,000): 314-mile range, 11,000 lbs towing, off-road focus, 220 kW charging

Verdict: The Silverado EV RST leads in range and charging speed, making it ideal for long-haul towing. The F-150 Lightning has a better infotainment system, while the Rivian excels off-road. Chevy strikes the best balance for most truck buyers.

Data Table: 2024 Chevy Electric Car Prices and Specs

Final Thoughts: Which Chevy Electric Car Is Right for You?

After diving deep into the price of Chevy electric cars for 2024, one thing is clear: Chevrolet is delivering real value across the EV spectrum. The Equinox EV is a no-brainer for families and first-time EV buyers who want affordability, range, and modern tech. At under $45,000 (before incentives), it’s one of the most compelling entry-level electric SUVs on the market. The Blazer EV steps up with bold design, strong performance, and available Super Cruise—perfect for tech enthusiasts and those who want a premium feel without the Tesla price tag. And for truck lovers, the Silverado EV isn’t just a green alternative to gas trucks—it’s a superior vehicle in nearly every way, from range to towing to charging speed.

When choosing your Chevy EV, consider your daily driving needs, budget, and access to incentives. If you live in a state with strong EV rebates, the effective price of an Equinox EV 2LT could dip below $35,000—unbeatable value. For performance seekers, the Blazer EV SS offers supercar-like acceleration at a fraction of the cost of a Tesla Model Y Performance. And if you need a workhorse, the Silverado EV WT provides commercial-grade capability with zero emissions.

Ultimately, the price of Chevy electric cars is about more than dollars and cents—it’s about the total ownership experience. With lower fuel and maintenance costs, generous warranties, and a growing network of fast chargers (including access to Tesla Superchargers via adapter), Chevy is making EV ownership easier than ever. As battery technology improves and charging infrastructure expands, the value proposition will only get stronger. In 2024, Chevy isn’t just selling electric cars—it’s offering a smarter, cleaner, and more exciting way to drive.

Frequently Asked Questions

What is the starting price of a Chevy electric car in 2024?

The 2024 Chevrolet Bolt EV starts at $26,500, making it one of the most affordable electric cars on the market. The larger Bolt EUV begins at $28,800, offering more space and features for a modest price increase.

How does the price of Chevy electric car models compare to competitors?

Chevy’s electric lineup, like the Bolt EV and upcoming Equinox EV, is competitively priced against rivals such as the Tesla Model 3 and Hyundai Kona Electric. With federal tax credits, the price of Chevy electric car models can drop below $20,000, offering exceptional value.

Are there any incentives or rebates available for Chevy electric cars?

Yes, qualifying buyers can receive up to $7,500 in federal tax credits for the 2024 Bolt EV/EUV. Some states and utility companies also offer additional rebates, further reducing the effective price of Chevy electric vehicles.

What features justify the price of the 2024 Chevy Equinox EV?

The 2024 Equinox EV starts at $34,995 and offers 319 miles of range, advanced tech like Super Cruise, and a spacious interior. Its pricing undercuts similarly equipped EVs like the Ford Mustang Mach-E, making it a compelling choice.

Is the Chevy Silverado EV price worth it for a pickup truck?

The Silverado EV Work Truck starts at $41,595, while higher trims exceed $90,000. For fleet buyers or those needing 400+ miles of range and 10,000 lbs towing, the premium price of Chevy electric car trucks delivers strong value.

Do Chevy electric car prices vary by state or dealer?

Yes, local taxes, fees, and dealer markups can affect the final price. Additionally, some states offer extra EV incentives (e.g., California’s $2,000 Clean Vehicle Rebate), which can lower the effective cost.