ΔE 7.7, close: similar, with a visible difference side by side. Evil Red is a little lighter, cooler than Chipping.
Usually, if you are not matching paint already on the model. Close match (ΔE 8). Evil Red is a little lighter, cooler than Chipping.
The same difference applies the other way round: Chipping is a little darker, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Chipping on the colour wheel See Evil Red on the colour wheel
All matches: Chipping equivalents · Evil Red equivalents