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Stellantis CEO Carlos Tavares said in a recent interview that a $25,000 JeepEV is coming to the U.S. Jeep North American product plan from Stellantis Investor Day 2024 presentation The Renegade will be one of several new JeepEVs and plug-in hybrids arriving over the next few years.
The automaker reported sales of EUR 84,504 million ($91 million), down from EUR 98,063 in the same period last year. It amalgamation of iconic auto brands from a merger between Italian-America automaker Fiat Chrysler and France’s PSA. Stellantis CEO Carlos Tavares plans to scrap brands that aren’t profitable.
READ MORE: JeepEV journey begins with images of 2023 electric SUV Only the Jeep Avenger EV is quicker in the range (0-100km/h 9.0sec), but the electric version is limited to a 150km/h top speed. The Avenger hybrid is claimed to be capable of a 0-100km/h dash in 9.5 seconds, while top speed is 194km/h.
Stellantis, the parent company of Jeep , Ram, Dodge, and several others is searching for a new CEO to replace Carlos Tavares. The move comes as Stellantis looks to revamp brand sales in the US, its biggest profit market, as it falls behind rivals. Total US brand sales are down 16% through the first half of 2024.
Jeep and Dodge’s parent company, Stellantis, will offer hefty discounts and reduce output as it looks to reverse plunging US sales. Stellantis warned of significantly lower profits this year as US sales fall. Although Stellantis is Europe’s second best-selling auto brand, the company is falling behind in the US.
The French auto giant has already started dabbling in electrification in Australia with the 508 GT Fastback PHEV and the 3008 SUV PHEV. But the company says they are only the start of a much stronger EV push. not the planet’ READ MORE: RAM to target Ranger, Hilux with new 800km ute READ MORE: Fiat 100 percent EV by 2030.
The production bump follows Ford’s recently announced sales statistics for February, in which its EVsales jumped by 68%, helping the company grow its overall marketshare by 1.4%. Ford’s aggressive EV production ramp only becomes far more apparent when compared to its big-three siblings.
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.
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?
Jeep to launch an electric Compass in 2025 We are learning a new JeepEV is in the works and will debut before the end of 2024. Speaking with Auto Express , Jeep’s UK managing director, Kris Cholmondeley, suggested the new Compass will be revealed in November. FTC: We use income earning auto affiliate links.
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 affordable JeepEV is coming to the US Jeep confirmed plans to launch a new Renegade EV during its Investor Day earlier this month.
Jeep’s CEO also confirmed we may see the electric Wrangler-like Recon launch by the end of the year. The first JeepEV could reach US buyers as early as Q3 After slashing prices amid slumping sales Friday (including up to $4K on its best-selling Grand Cherokee), Filosa admitted more needs to be done to fend off incoming competition.
Virginia governor Glenn Youngkin also last week confirmed that the state will no longer follow the newest California emissions rules—meaning that it also won’t adopt California’s EV mandate and structure EVsales adoption targets. At what point will some of those human factors drop out?
Not only is it the first model to join its lineup in two years, but the Avenger also marks a significant milestone as Jeep (Stellantis) looks to carve out a market in Japan. Domestic automakers like Toyota , Honda, and Nissan dominate Japan’s auto market. Toyota alone accounts for nearly 50% of autosales in its home market.
Recent announcements demonstrate that electric utilities and some auto makers want to make V2G a reality. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Several early models of passenger vehicles have enough energy stored in advanced batteries to power several homes for hours.
The peak will include several highly anticipated EV launches, such as the electric Dodge Charger Daytona, Jeep Wagoneer S , and Ram 1500 REV. Ram 1500 REV electric pickup truck (Source: Stellantis) Tavares boasted the new STLA Frame platform, designed for upcoming Ram and JeepEVs.
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