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In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core. ” Yesterday, we reported on one of Stellantis’s ideas for increasing EV adoption: creating an affordableEV under the Jeep brand , which has a loyal following.
The automaker reported sales of EUR 84,504 million ($91 million), down from EUR 98,063 in the same period last year. “We cannot afford to have brands that do not make money,” said Tavares. Stellantis CEO Carlos Tavares plans to scrap brands that aren’t profitable. “If they don’t make money, we’ll shut them down.
Other popular models, including the Ford Maverick and the Ford Bronco Sport, are also receiving production ramps to help the Blue Oval stay ahead of demand for the popular, affordable models. Dodge has yet to reveal any EVs in a production-ready form.
Jeep’s electric Renegade will be among three new EVs launching in North America. Although Jeep was recently voted America’s most patriotic brand, sales have slipped over the past few years. After sales quadrupled in the US, reaching nearly 1 million in 2018, Jeep has struggled to gain momentum.
Rugged SUV maker Jeep officially announced plans to launch a Renegade EV in the US for under $25,000. Can Jeep deliver an electric Renegade for under $25K? A new affordableJeepEV is coming to the US Jeep confirmed plans to launch a new Renegade EV during its Investor Day earlier this month.
JeepEV roadmap (Source: Stellantis) The new investments are part of Stellantis’s broader Dare Forward 2030 strategy, which calls for 100% of passenger car sales in Europe and 50% of its passenger car and light-duty truck sales in the US to be electric by 2030. Will Jeep and Ram take advantage of the opportunity?
Stellantis is planning to launch a $25,000 Jeep electric vehicle in an attempt to increase consumer interest in EVs as it battles lagging demand for sustainable vehicles in the United States. Company CEO Carlos Tavares confirmed the company is planning to offer an affordable $25,000 version of an electric Jeep.
In what’s become a rollercoaster ride of eligibility, it’s not the only time this has happened, and Nissan says it’s working with its supplier AESC to recover the incentive on one of the market’s most affordableEVs. For now it’s only for Japan, but could a similar scheme lead to an affordable U.S.-bound bound Honda EV?
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