An inexpensive Chevy Camaro EV? Will that potentially transform into reality? General Motors President Mark Reuss has reiterated the importance of reviving the iconic Camaro as a genuine pony car, suggesting that it could start at a competitive price point around $35,000, similar to that of the newly launched Equinox Electric Vehicle.
Rumors surrounding the impending retirement of the sixth-generation Chevrolet Camaro by the end of the 2024 model year have sparked widespread speculation about its future trajectory.
Chevrolet maintains that this marks merely a new beginning for the iconic brand rather than its swan song. By December 2022, General Motors reportedly issued an instruction to consider creating a dedicated sub-brand for the Camaro.
Information flowed in from within General Motors’ Technology Center, revealing that the iconic Corvette brand required a refresh.
Among the numerous challenges was a wide range of vehicles, including a 2+2 coupe, convertible, and both two- and four-door SUVs. The report also discussed the possibilities surrounding a mid-range flagship electric sports car conceptually tied to the C9 Corvette’s performance characteristics.
The iconic Camaro title will undoubtedly remain intact. Scott Bell, Vice President of Chevrolet’s global performance and customer experience, reaffirmed that “this isn’t the end of Camaro’s story” in an interview last year.
The iconic Chevy Camaro will continue to roll out of dealerships in electric form, priced attractively at around $35,000.
General Motors’ CEO Mary Barra recently reaffirmed plans to revive the iconic Camaro brand, announcing a hybrid electric model that blends the classic muscle car’s heritage with modern eco-friendly technology.
The executive suggested a possible price point of around $35,000, mirroring the cost of the newly launched Chevy Equinox EV. With the $7,500 EV tax credit applied, costs could potentially drop to as low as $27,500. Compared to its predecessors, the sixth-generation Camaro started at just under $36,000.
Chevrolet aims to contain costs by focusing on a limited range of trim levels and features rather than prioritizing pure efficiency.
The report indicates that General Motors still needs to decide whether the new vehicle will be a car or crossover, although it appears unlikely to feature a two-door design, contrary to some enthusiasts’ hopes. Despite these challenges, it’s unlikely that a high-performance variant will emerge in the near future.
While General Motors hasn’t released official specifications, it’s expected that the Chevrolet Camaro Electric Vehicle will be built on the same Ultium platform as the Blazer, Equinox, Silverado, and GMC Hummer EV, as well as the Cadillac Lyriq electric vehicles.
The GMC Hummer, built around the Ultium platform, boasts a staggering 1,000 horsepower and 11,500 pound-feet of torque. According to General Motors, the Ultium battery enables an impressive driving range of up to +300 miles on a single charge, with the Silverado EV boasting an estimated 440 miles, while also delivering rapid acceleration from 0 to 60 mph in just three seconds. It also facilitates forward-wheel drive (FWD), rear-wheel drive (RWD), and all-wheel drive (AWD).
Are electric vehicles really worth the hype, though? I mean, sure, a silent Camaro might be cool, but at what cost? Would purchasing a new car come down to its type and options, or its overall efficiency in getting you where you need to go? Tell us your ideas under.
Meanwhile, General Motors has begun delivering its first batch of Chevy Equinox Electric Vehicles to customers. The base 2LT trim starts at $43,295, while the more budget-friendly 1LT model is expected to debut at a significantly lower price point of $34,995, with availability slated for later this year.
| 1LT FWD | $34,995 |
| 2LT FWD | $43,295 |
| 2RS FWD | $44,795 |
| 3LT FWD | $45,295 |
| 3RS FWD | $46,795 |
For a limited time, the Chevrolet Equinox can be driven away for just $35,795, thanks to the federal tax credit of up to $7,500. The Chevrolet Silverado 1LT starts at an affordable price of just $27,495.
The Chevrolet Blazer EV qualifies for a federal tax credit as well. The 2022 Chevrolet Blazer’s starting MSRP is now $42,695, plus available incentives for qualified buyers.
General Motors has unveiled the specifications for its latest innovation, the all-electric Chevrolet Silverado EV RST First Edition. With an estimated 440-mile range, this vehicle packs a punch boasting GM-estimated 754 horsepower and 785 pound-feet of torque.
