The Tesla Model Y currently leads the way with regard to electric crossover market share and is expected to remain in the top spot as increased competition arrives in the coming years. Experts believe the Chevy Blazer EV will have similarly strong demand, though, and will eventually move into second place with regard to EV crossover market share.
According to auto forecasting firm LMC Automotive, the Model Y will account for 15.6 percent of EV crossover market share by 2025 when including both compact and mid-size electric crossover models in one single segment. The Chevy Blazer EV will be second with an estimated market share of 6.6 percent, sharing the rest of the pie with an abundance of similar electric models like the Ford Mustang Mach-E and Hyundai Ioniq 5.
A Reuters report that cited LMC Automotive’s forecasting did not say how much market share the Chevy Equinox EV is expected to hold. While smaller than the Blazer EV, the Equinox EV will be one of the most affordable electric crossovers on sale when it arrives for the 2024 model year, with prices expected to start at around $30,000. The Blazer EV will arrive before the Equinox EV, it’s worth noting, with production set to commence in mid-2023. The Equinox EV, meanwhile, will not begin rolling off the production line until later that year.
The Chevy Blazer SS will utilize the GM BEV3 platform, along with its Ultium battery technology and Ultium Drive electric motors. Preview images of the crossover show an angular, modern design that could be described as a heavy evolution of the current Blazer’s styling with more pronounced body lines and aggressive angles. GM has not yet shared an estimated price for the Chevy Blazer EV.