The automotive industry is experiencing a surge in electric vehicle sales, with over 607,000 EVs sold in the US in the first half of 2025. This increase can be attributed to significant discounts offered by automakers ahead of the expiration of federal EV incentives at the end of September. Among the top-selling electric SUVs in the market are the Hyundai IONIQ 5 and the Chevy Equinox EV, both offering attractive lease options for potential buyers.
The Chevy Equinox EV, starting at just $34,995, has quickly become a popular choice for consumers looking for an affordable electric vehicle with a range of over 300 miles. With leasing options as low as $289 per month for the base model, the Equinox EV has propelled Chevy to become the second-largest EV brand in the US, behind Tesla. Despite high demand, dealers have reported delays in receiving inventory due to the model’s popularity.
On the other hand, Hyundai has revamped its best-selling electric SUV, the IONIQ 5, with improvements such as increased range, a redesigned interior and exterior, and compatibility with Tesla Superchargers. The 2025 Hyundai IONIQ 5 is now available for lease at just $179 per month, making it an attractive option for budget-conscious consumers. With a range of up to 318 miles and various trim options to choose from, the IONIQ 5 offers a compelling alternative to the Equinox EV.
When comparing the two electric SUVs, the Equinox EV offers more cargo space and a larger infotainment screen, while the IONIQ 5 comes with a complimentary ChargePoint Level 2 home charger and a dual 12.3″ driver display. Both models are available with competitive lease prices and financing options, making them an enticing choice for consumers looking to make the switch to electric vehicles.
In conclusion, the Chevy Equinox EV and Hyundai IONIQ 5 are both excellent options for those considering an electric SUV. With attractive lease prices and a range of features, these models represent a significant value proposition for consumers interested in transitioning to electric vehicles. To take advantage of the current savings, interested buyers can explore lease offers on both the Equinox EV and IONIQ 5 through the provided links.
