Chevrolet
currently has two electric cars on the market—the 2022 Chevy Bolt EV
and the Bolt EUV—with plans to release electric models of the Silverado, Blazer, and Equinox in 2023 and 2024.Few automotive makers have the recognizability of Chevrolet—and it’s not just their famous logo. They have a long history of making durable American–made vehicles known for quality, safety, and innovation. As more drivers are looking toward fuel efficiency and savings, the electric vehicle market is booming and Chevrolet is hopping on board!
Jerry
, a licensed broker and car insurance
comparison super app
, has all the answers if you’re curious about Chevrolet’s future in the EV market. We’ll cover Chevy’s current EV lineup, how their cars compare to other EVs, and how you can save money on more than just gas! RECOMMENDEDNo spam or unwanted phone calls · No long forms
Does Chevrolet have electric cars?
Yes—Chevy’s 2022 lineup includes two fully-electric vehicles: the Bolt EV and the all-new compact SUV, the Bolt EUV. They also have three new EVs set to launch in the next two years—the Silverado, Blazer, and Equinox.
2022 Chevrolet Bolt EV
Powertrain: single electric motor and a 65kWh 350V lithium-ion battery w/ 200 hp and 266 lb-ft of torque
Charging time: 7 hours at 220V
While the Chevy Bolt EV
has been around since 2017, the 2022 model is loaded with more than you’d expect. It looks cooler inside and out and it’s equipped with more features for a lower price. The Bolt EV uses a 65kWh battery to power a single motor with 200 hp and 266 lb-ft of torque that can get it from 0 to 60 mph in just 6.5 seconds. Its surprisingly long 259-mile driving range gives the Bolt EV a slight advantage over the Hyundai Kona Electric
, but it still falls short of the Tesla Model 3
. This year's model was redesigned with an available dual-level charging cord and an increased Level 2 (240-volt) maximum charging capability for faster charging and more convenience. But the best part is that the 2022 Bolt EV is $5500 cheaper than last year’s model.
MORE: Why the Chevrolet Silverado EV Will Be Worth the Wait, According to Consumer Reports
2022 Chevrolet Bolt EUV
Powertrain: 200-hp electric motor with a 65.0-kWh battery pack
Charging time: 7 hours at 220V
If you need more space than the Bolt EV, the Bolt EUV might do the trick. As Chevrolet's first electric utility vehicle, the 2022 Bolt EUV offers the style and performance of the Bolt EV with a roomier cabin and a more rugged exterior. Under the hood, you’ll find the same 200-hp electric motor powered by a 65.0-kWh battery pack with an estimated 247-mile driving range on a full charge.
Unlike its gas-powered cousins, the Bolt EUV only comes in two trim levels—the base model and a more expensive Launch Edition. The Launch Edition is the best of the best and features GMs Super Cruise
semi-autonomous driving mode and several other new features. You can charge the Bolt EUV using a standard 120-V household outlet, but for faster charging, upgrade to the 240-V connection. The SUV also has DC fast charging capabilities, and it’s claimed to provide up to 95 miles of driving range in just 30 minutes.
MORE: Chevy Announced 2 More New Electric Cars but Nobody Seemed to Notice
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4.7/5 rating on the App Store | Trusted by 5+ million customers and 7 million cars4.7/5 app rating | Trusted by 5M+ drivers How do Chevrolet’s electric cars compare to competitors?
Chevrolet has been around for decades, but its EV lineup is relatively new to the market. While Chevy has a good reputation for building durable, affordable vehicles, how do their EVs compare to their competitors?
The Bolt EV and Bolt EUV receive good ratings, but they may not fare as well compared to their gas-powered lineup or other available EVs depending on your priorities. Below, we’ll look at how three key areas rank for Chevrolet’s electric vehicles: driving range and charging time, performance, and overall affordability.
Driving range and charging time
Although there are several factors to consider when buying an EV, driving range is a big one. If you can’t drive the distances you need without recharging the battery, driving can become a big inconvenience. You also have to consider charging time—how fast the vehicle can recharge to 100%. Longer driving ranges and faster charging capabilities can be key for buyers putting on high mileage.
Want to know the numbers? Here’s a breakdown of what you can expect from Chevrolet’s EVs compared to its competitors.
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2022 Hyundai Kona Electric | | | |
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The Bolt EV and Bolt EUV outcompete several competitors in driving range. While they may not tip the scales, their 247 to 259 miles on a full battery puts them ahead of other EVs like the Nissan Leaf
and Hyundai Kona Electric. Performance
Many people are under the impression that going electric means compromising performance—but that’s a myth. While an EV may not be powered by a V12 engine, Chevrolet’s EV lineup offers peppy acceleration and a good amount of power for their size.
There’s little data available to compare the Bolt EV and EUV to their gas-powered counterparts, but when you look at their performance compared to other EVs on the market, the Chevies can hold their own.
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2022 Hyundai Kona Electric | | | |
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Cost of ownership
Affordability and sustainability are generally the top priority for EV owners—you want a car that’s good for the environment and your wallet. But if you’re thinking of going green, keep in mind that the starting price of most EVs is higher than gas-powered models. For example, the 2024 Silverado EV is estimated to start at $39,900, while the MSRP of the gas-powered Silverado is only $30,400—a $9,500 difference.
In exchange for an electric vehicle’s higher upfront costs, however, come quite a few savings like $7,500 in federal tax rebates, other state or local government electric car incentives
, lower maintenance costs, and more significant fuel savings. Here’s a breakdown of the five-year ownership costs for a 2021 Bolt EV:
When you add that up, the total ownership costs equate to $28,919—not substantially less than the starting MSRP of $32,495.
The Chevrolet Bolt EV and EUV are great cars and fall in line with several other budget-friendly electric vehicles
—the MINI Cooper SE Signature starts at $30,750 and the Nissan Leaf S 40 kW
starts at $32,759. But if driving range and performance rank higher than affordability, you can’t beat the Tesla Model Y Long Range AWD
. MORE: Are there hidden costs of owning an electric vehicle?
How to decide if going electric is right for you
Chevrolet is just one of several automotive manufacturers with electric cars in their lineup, but even the best Chevy EV isn’t a match for every driver. If you’ve been flipping the coin ongoing electric for a while but you haven’t pulled the trigger, here are some things to consider before you dive in headfirst:
Where are public charging stations? A home charger is essential if you’re going to buy an EV, but having access to public charging stations is a must when you’re not at home and need to recharge your car.
How far is your daily commute? An EVs driving range is a big consideration before buying. If you have long commutes daily, finding a charging station might cause anxiety. Calculate how far you drive daily and compare it to the EV’s maximum driving range.
How often do you drive over 200 miles? Having an EV for local driving is great, and the maximum range is generally more than enough, but charging might present a problem if you’re driving long distances that exceed your driving range.
Can you set up a charger at home? Buying an electric car means you have to have a place to charge it. If you don’t have a garage or driveway, it could be nearly impossible to charge your vehicle.
Do you need a vehicle with a good towing capacity? Smaller EVs can tow but with lower towing capacities that eat up the range. However, the dual electric motor in the anticipated Silverado EV with AWD and 664 hp can haul up to 10,000 pounds with up to 1300 pounds of payload—who said EVs couldn’t tow?
There’s no shortage of perks to trading in your gas-guzzler for an electric car—the $7,500 government rebate, lower maintenance costs, or no fuel costs—but you also have to consider that when you go green, you’re typically agreeing to higher upfront costs and the headache of charging logistics.
If you’re still keen on getting a greener car but don’t want to deal with the downsides of pure battery power, a hybrid or plug-in hybrid might be up your alley. Unfortunately, Chevy doesn’t currently make any hybrid models, but there are plenty of other fish in the sea if fuel efficiency is on your mind.
Chevrolet’s electric future
Chevy’s electric future is looking bright. With two EVs already in their lineup and three upcoming models—the Silverado EV, Blazer EV, and Equinox EV—there’s no telling what’s next for Chevy. GM, the parent company of Chevrolet, is focusing on three priorities to advance a zero-emissions, all-electric future for their companies:
Going carbon neutral by 2040
Developing EVs for every person at every price point
Producing EVs to fit your lifestyle
2024 Chevrolet Silverado EV
Starting price: $42,000 (est.)
Powertrain: Dual-electric motor with 510 hp with a 200kWh Ultium battery
Charging time: 100 miles in 10 mins (DC fast-charge)
With a body resembling its gas-powered sibling, the new electric Silverado features the same classic Chevy pick-up style with futuristic elements inside and out. While the details aren’t confirmed, the first electric pickup from Chevy will likely feature a 200kWh battery—twice the size of Tesla’s larger battery—to allow the truck a 400-mile driving range. If you use the DC fast-charging technology, you can power up that battery to 100 miles in just 10 minutes.
One of the perks of a pickup is cargo and towing capacity—and they didn’t skimp here. The 10,000-pound towing capacity will likely exceed your needs. Although the complete list of specs and features hasn’t been released for the Silverado EV, it will face stiff competition from other EV pickups like Ford F-150 Lightning, the Rivian R1T, and the Tesla Cybertruck.
2024 Chevrolet Blazer EV
Starting price: $40,000 (est.)
Chevrolet hasn’t released much about the 2024 Blazer EV, but it’s worth a second look (and a buy) based on the teaser video. While there will likely be several trim levels, the super-sporty SS model will probably be one of the first versions to launch—and we’re hoping it’ll compete with the other high-performance electric SUVs like the Ford Mustang Mach-E GT
and the Tesla Model Y
Performance. Like its other EVs, the 2024 Chevy Blazer EV will be powered by GM's Ultium battery technology, and it’s expected to come in both a single- and dual-motor variant.
2024 Chevrolet Equinox EV
Starting price: $30,000 est.
Powertrain: Dual electric motors
As with the Blazer, Chevy hasn’t released much about the upcoming Equinox EV. Based on teasers, the 2024 Equinox EV doesn’t have much in common with the previous Equinox
other than the name. The interior of the Equinox EV is the perfect mix of classic crossover design and the futuristic quality that most EVs lean towards—and it looks killer. Although there are no concrete details, the crossover SUV is expected to have around a 200-mile driving range thanks to dual electric motors and likely more horsepower than the 200-hp Bolt EUV.
Plan for the future with affordable car insurance
With companies like Chevrolet stepping up their game in the EV market, hopping behind the wheel of a fuel-efficient and green vehicle is easier and more wallet-friendly than ever. The same is true for finding affordable car insurance
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