Chevrolet Equinox EV vs. Rivian R2
The 2026 Chevrolet Equinox EV is the cheaper one to own — roughly $9,247 less over five years, mostly because it holds its value better. The Rivian R2 counters with more range (345 vs 319 miles) and more towing capacity (3,500 vs 1,500 lbs).
Go with the Chevrolet Equinox EV for the better long-term value; consider the Rivian R2 if you prioritize more driving range and more towing capacity.
Last updated July 2026 · National-average estimates
Chevrolet Equinox EV vs. Rivian R2
| Metric | Chevrolet Equinox EV | Rivian R2 |
|---|---|---|
| MotiveGrid Score | 67 | 72 |
| Cost of Ownership | 79 | 64 |
| Powertrain | 57 | 71 |
| Driver Assistance | 16 | 57 |
| Livability | 29 | 40 |
| Safety | 99 | 80 |
| 5-Year Cost to Own | $45,969 | $55,216 |
| Depreciation (5-yr) | $20,297 | $25,942 |
| Fuel / Energy (5-yr) | $3,432 | $3,373 |
| Insurance (5-yr) | $12,120 | $13,645 |
| Maintenance (5-yr) | $1,195 | $1,175 |
| Tires (5-yr) | $2,050 | $1,900 |
| Financing (5-yr) | $5,265 | $7,296 |
| Registration (5-yr) | $1,610 | $1,885 |
| Starting Price | $34,995 | $48,490 |
| Horsepower | 213 hp | 350 hp |
| Electric range | 319 mi | 345 mi |
| Cargo volume | 26.4 cu ft | 28.7 cu ft |
| Seating | 5 | 5 |
| Towing capacity | 1,500 lbs | 3,500 lbs |
| Drivetrain | FWD | RWD |
Five measured pillars, weighted into one score.
Cost, Powertrain, Driver Assistance, Livability, and Safety — each scored against its class, then combined into a single MotiveGrid Score. Built by our engineering team and benchmarked against independent sources like NHTSA, IIHS, and CarEdge. How it’s calculated →
Rivian R2 scores higher overall.
Which vehicle is right for you
Chevrolet Equinox EV is the better pick for long-term ownership — about $9,247 cheaper over 5 years with stronger fundamentals on running cost.
Rivian R2 still wins if your priority is best for comfort & features.
Cost of Ownership
State
Charging mix
Frequently asked questions
Where these rank
- Chevrolet Equinox EV ranks #3 of 3 in Cheapest EV to Own and #3 of 10 in Cheapest Long-Range EVs.
- Rivian R2 ranks #2 of 3 in Best Driver Assistance — EV and #3 of 3 in Best Driver Assistance — Compact SUV.
Browse all MotiveGrid rankings →
Charge times, connector, and home-charging cost: Chevrolet Equinox EV charging · Rivian R2 charging
What each one costs at the counter
Both five-year totals above count yearly registration. Neither counts what the state takes on the day you sign — sales tax and the title fee. Those are one-time, they are not the dealer’s to negotiate, and on a car at this price they run to four figures in most states. Work out yours:
- Tax, title and license in Kentuckywhat a car costs to own there
- Tax, title and license in Texaswhat a car costs to own there
- Tax, title and license in Californiawhat a car costs to own there
- Tax, title and license in Floridawhat a car costs to own there
- Tax, title and license in New Yorkwhat a car costs to own there
Compare tax, title and license across all 22 states we cover →

