Chevrolet offers a **20% discount** on the **2026 Chevy Equinox EV**, reducing the RS trim to **$35,895**, **$10,000** off its MSRP.
The **2026 Chevy Equinox EV LT 1 FWD** is available for **$30,295** after discounts, providing **up to 519 km** of range and **260 liters** of passenger space.
Canadian buyers can benefit from **iZEV incentives** and provincial rebates, like **$4,000** in **Ontario** and **Quebec**, further lowering the purchase price.
The Equinox EV features a **17.7-inch touchscreen**, the largest in its class, and offers **0% APR financing** plus an extra **$1,250** purchase allowance for owners of newer non-GM vehicles.
Despite competitive leasing options from **Hyundai IONIQ 5**, the Equinox EV stands out for its **affordability, range, space, and advanced tech**.
Exceptional Savings on the 2026 Chevy Equinox EV for Canadian Drivers
The **Chevy Equinox EV** continues to establish itself as one of the most affordable electric vehicles on the Canadian market. For the month of February, Chevrolet is offering an unbeatable **20% discount**, making the Equinox EV an even more attractive option for Canadian drivers seeking eco-friendly transportation.
**Generous Discounts for the 2026 Model Year**
As the **2027 model year** approaches, the **2026 Chevy Equinox EV** is available at an exceptional price this month. Following a **$5,000 discount** offered in January, Chevy has doubled down with an impressive **$10,000 in total cash allowance** for February.
This discount brings the **2026 Equinox EV RS** down to **$35,895**, a full **20% below** its **$45,895 MSRP**. The deal comprises **$8,750 in customer cash**, along with an additional **$1,250 conquest cash** for those who lease a **2021 model year or newer** vehicle or own a **2012 model year or newer non-GM vehicle**.
While the maximum **$10,000 discount** applies only to the **RS trim**, Chevrolet has also increased savings on other models: the **LT 1** receives **$6,500** off, and the **LT 2** gets **$8,000** off.
**Affordable Entry Price**
With a **$6,500 customer cash discount**, the **2026 Chevy Equinox EV LT 1 FWD** is now available for just **$30,295**. This positions the Equinox EV slightly above the **2027 Bolt EV**, which starts at **$28,595**, but it remains one of the most affordable electric vehicles on the Canadian market, comparable to the **Nissan LEAF**.
**Superior Range and Space**
The **2026 Chevy Equinox EV LT 1 (FWD)** boasts an impressive **up to 519 kilometres** of range, outperforming the **2027 Bolt EV** with **336 kilometres** and the **Nissan LEAF** with **387 kilometres**.
In terms of interior space, the Equinox EV offers **up to 260 litres** of total passenger volume, providing more room than the **Bolt** with **244 litres** and the **LEAF** with **233 litres**.
**Advanced Infotainment System**
The Equinox EV features a massive **17.7-inch touchscreen infotainment system**, the largest in its class. This surpasses the **Bolt’s** **11.3-inch** screen and the **LEAF’s** standard **12.3-inch** display (with higher trims offering a **14.3-inch** screen).
While the **Hyundai IONIQ 5** and **Tesla Model Y** offer more cargo space and performance, the Equinox EV beats them on price. The **2026 Hyundai IONIQ 5 SE RWD Standard Range** starts at **$35,000**, with the **SE RWD** trim beginning at **$37,500**. The **Tesla Model Y RWD** starts at **$39,990**.
**Canadian Incentives and Rebates**
Canadian buyers can maximise their savings through various **iZEV incentives** and **provincial rebates**. For example, **Ontario** residents may qualify for up to **$4,000** through the **Ontario EV Incentive Program (OEVIP)**, while **Quebec** offers up to **$4,000** through the **RÉVE Program**. These rebates, combined with Chevrolet’s current discounts, can significantly lower the final purchase price.
**Competitive Leasing Options**
Hyundai is offering **2026 IONIQ 5** leases starting at **$259** for **24 months**, with **$3,999** due at signing for the standard range model. The **SE RWD trim** is available to lease for **$269** per month.
In comparison, the **2026 Chevy Equinox EV LT 1 FWD** can be leased for **$380** a month for **24 months**, with **$3,999** due at signing. For those opting to purchase, Chevrolet offers **0% APR financing** plus an extra **$1,250 purchase allowance** for owners or leasers of **2012 model year or newer non-GM vehicles**.
**Personal Experience and Final Thoughts**
One satisfied Canadian customer purchased a **2026 Chevy Equinox EV LT 1 FWD** for **$26,000 plus taxes** in December, praising its smooth ride and integrated Google services, which are free for **8 years**. This customer noted that they haven’t missed having Android Auto or CarPlay, finding the integrated Google system sufficient.
While **GM** promotes the Chevy Equinox EV as “Canada’s most affordable 515+ kilometre range EV,” the **Hyundai IONIQ 5** may offer a better leasing deal this month. However, the Equinox EV’s combination of **affordability, range, space, and advanced tech** makes it a compelling choice for Canadian drivers.
**Find Your Local Deal**
Some of these offers are **regional**, so it’s essential to check for availability and specifics in your area. Use the links below to view local deals and find available models closest to you.
**FTC Note:** This article uses income-earning auto affiliate links for more information.
