Cars.com has named the 2025 Chevrolet Equinox EV as the Top Pick: Value EV for 2026, while the 2026 Chevrolet Silverado EV earned the Top Pick: EV Pickup Truck title. These awards highlight Chevrolet’s commitment to delivering affordable, innovative, and capable electric vehicles (EVs) in a competitive market. As federal EV tax credits near their expiration, these models stand out for their range.
Key Highlights
- Chevrolet Equinox EV: Named Top Pick: Value EV for its affordability, long range, and stylish design.
- Chevrolet Silverado EV: Recognized for its impressive 493-mile range, towing capacity, and maneuverability.
- Criteria for Awards: Cars.com evaluated EVs based on range, affordability, family-friendliness, and technological innovation.
- Market Trends: GM reported a record-breaking 21,000 EV sales in August, with strong demand for Equinox and Silverado EVs.
- Post-Tax Credit Outlook: State and local incentives remain, supporting continued EV affordability.
Equinox EV: Affordable and Stylish
The Chevrolet Equinox EV was praised for its starting price under $35,000, offering a compelling blend of affordability, long range, and modern design. Cars.com highlighted its appeal as a compact SUV for budget-conscious buyers seeking quality without compromising style or performance. Even as federal tax credits are set to expire on September 30, 2025, state and local incentives will continue to make the Equinox EV an attractive option for EV shoppers.
Silverado EV: Power and Range
The Chevrolet Silverado EV impressed with its 493-mile range on its largest Max Range battery pack, powered by a 205 kWh battery. Its 350-kW DC fast-charging capability ensures quick recharges, while its 12,500-pound towing capacity and 2,350-pound payload cater to truck buyers’ needs. Cars.com noted the Silverado EV’s maneuverability and robust performance, making it a standout in the growing electric pickup market.
GM’s Strong EV Market Performance
General Motors reported a record 21,000 EV sales in August, driven by demand for the Equinox EV, Silverado EV, Cadillac LYRIQ, and GMC Sierra EV. As the #2 U.S. EV seller, GM expects continued market share growth despite a potential slowdown in the EV market post-tax credit expiration. The company’s focus on delivering reliable, high-value EVs positions it well for future success.
Shifting EV Market Dynamics
Cars.com reported a 1.4% increase in new EV inventory and a 38% surge in used EV inventory year-over-year, with used EVs spending just 46 days on the lot. While new EV prices rose 4.1%, used EV prices dropped 3.8%, largely due to a 16.2% decline in Tesla’s used prices. These trends reflect a dynamic EV market adapting to changing incentives and consumer preferences.
Chevrolet’s Commitment to EV Excellence
“These awards validate our mission to build EVs that customers can rely on,” said Scott Bell, vice president of Chevrolet. The Equinox and Silverado EVs exemplify Chevrolet’s focus on combining range, capability, and value to meet diverse consumer needs in an evolving market.
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