
While Toyota announced pricing for the all-electric bZ4X earlier this month, Subaru waited until now to provide official information on how much its version of the electric SUV, which is called the Solterra, will cost. Pricing for the 2023 Subaru Solterra will start at $46,220 (with destination). That figure makes it slightly more expensive than Toyota’s version.
The above figure is for the base Premium trim. The mid-level limited is priced at $49,720, while the range-topping Touring will carry a starting price tag of $53,220. These figures make the Solterra more expensive than the 2023 bZ4X. Toyota’s SUV costs $43,215, which represents an increase of $3,005.
There’s a catch when you compare the Solterra against the bZ4X, though. Toyota’s SUV is available in a single-motor, front-wheel-drive configuration, while the Solterra only comes with all-wheel drive and two electric motors. Comparing two similar models against one another reveals a price difference of $925. That’s not a huge difference.
Against other electric vehicles, the Solterra is priced accordingly. When comparing the model to other EVs with AWD, the Solterra is actually one of the more affordable options. The Kia EV6 ($52,155), Hyundai IONIQ 5 ($48,745), and Tesla Model Y ($64,190) all cost more. The Volkswagen ID.4 ($46,105) is a little cheaper.
The 2023 Subaru Solterra comes with two electric motors for a combined output of 215 horsepower and 249 pound-feet of torque. The electric SUV features a 72.8-kWh battery pack for up to 228 miles (this is Subaru’s estimated figure) of range. Subaru claims the Solterra can charge at speeds of up to 100 kW, which would see the SUV gain an 80% charge in approximately an hour.
The all-electric Solterra will arrive at dealerships later this summer. When the Solterra goes on sale, it will be eligible for the full $7,500 federal tax credit. This might not be the case with the Toyota bZ4X, as the automaker is getting close to the 200,000-figure for when federal tax credits begin to decrease.
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Pictured: 2023 Subaru Solterra (Top), 2023 Toyota bZ4X (Middle)