Stellantis plans to launch a $25,000 all-electric Jeep in the U.S.

From CNBC: 2024-05-29 12:22:12

Stellantis plans to launch a $25,000 all-electric Jeep in the U.S. to attract mainstream consumers, following the success of the Citroen e-C3 SUV in Europe. The new Jeep vehicle will be priced similarly and targets a growing market of affordable EVs globally. Stellantis aims for cost parity with ICE vehicles within three years.

The first all-electric Jeep for the U.S. is expected to be the Wagoneer S SUV, set to be revealed in New York soon. With competition from Chinese automakers offering less-expensive EVs, Stellantis is focused on staying competitive in the evolving automotive industry. Tariffs on Chinese EV imports may impact the market but won’t stop competition.



Read more at CNBC: Affordable Jeep EV coming ‘very soon’ to the U.S.