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Another low-cost electric vehicle is headed to the US. According to Stellantis CEO Carlos Tavares, Jeep plans to launch a $25,000 EV in the US “very soon.” A $25,000 JeepEV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week.
Jeep and Dodge’s parent company, Stellantis, will offer hefty discounts and reduce output as it looks to reverse plunging US sales. It’s also facing rising low-cost competition from China globally. It’s also facing rising competition from Chinese automakers like BYD , which are aggressively expanding overseas.
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