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The starting MSRP of the 2025 Equinox EV is advertised as from $33,600*. In comparison, the starting MSRP for the 2025 Hyundai IONIQ 5 is listed at $41,800 in a comparison table and also mentioned with a price of $42,600 elsewhere. The sources for the IONIQ 5 also list various starting MSRPs depending on the context, indicating a higher starting cost for the Hyundai.
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The Equinox EV boasts a larger 17.7-inch diagonal center screen*, which Chevrolet claims is the "largest among EVs in its class*". The Hyundai IONIQ 5 SE Std. Range in a comparison is listed with a 12.3-inch center display screen, and other trims also feature a 12.3-inch touchscreen display with navigation.
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Chevrolet highlights that the Equinox EV comes standard with over 15 safety and driver assistance features*, collectively known as Chevy Safety Assist*.
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The Equinox EV may still be eligible for up to a $7,500 Clean Vehicle Federal Tax Credit* for eligible buyers. This potential credit could further reduce the effective price for qualified individuals.
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Chevrolet explicitly states that the Equinox EV is "America’s most affordable 315+ mile range EV*". It also advertises an EPA-estimated electric range of 319 miles with FWD, which is comparable to some configurations of the IONIQ 5.
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The Equinox EV offers a maximum cargo volume of 57.2 cu. ft.*. A direct comparison of cargo space with the IONIQ 5 is not readily available in these sources.
It's important to remember that "better" is subjective and depends on individual needs and preferences. While the Equinox EV appears to have advantages in terms of initial price and screen size based on these sources, the Hyundai IONIQ 5 also offers its own set of features and benefits, as we discussed previously.