General Motors unveiled an electric powered sport utility vehicle Thursday with a beginning rate tag of $30,000,

 positioning the version for consumers priced out of the growing segment.

The 2024 Equinox EV, as a way to be to be had in fall 2023 has a beginning charge of $30,000

 much less than half of the average fee of EVs now to be had inside the marketplace.

 much less than half of the average fee of EVs now to be had inside the marketplace.

"With the power of GM's Ultium Platform, we are bringing to market automobiles at nearly each price factor and for every reason."

The gas version of the Equinox became GM's 2d maximum popular car in 2021 after the Chevrolet Silverado, a pickup truck.

The average charge of a new electric motors was almost $67,000, in line with a July 2022 Kelly Blue Book estimate.