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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.
Rugged SUV maker Jeep officially announced plans to launch a Renegade EV in the US for under $25,000. However, industry experts believe the low starting price point may be hard to hit. Can Jeep deliver an electric Renegade for under $25K? By 2027, Jeep will launch six fully electric vehicles.
Filosa told Automotive News last week that “something like 100% will be conquested,” referring to its first global EV, the Wagoneer S. The brands we are targeting are mainly Tesla… but there are many others,” Jeep’s leader said. Jeep officially unveiled the Wagoneer S luxury electric SUV two weeks ago with up to 300 miles range.
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. Starting at $71,995, the luxury electric SUV will play a key part in revamping sales in the US, its biggest market.
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