An all-electric Jeep Renegade is lastly confirmed. Even higher, it is going to begin at below $25,000 as Jeep expands into new markets. Within the US, the Jeep Renegade EV will be a part of two different all-electric Jeep automobiles, the Wagoneer S and Wangler-inspired Recon.
The information was confirmed throughout Stellantis 2024 Investor Day on Thursday. Jeep’s electrical Renegade might be amongst three new EVs launching in North America.
Though Jeep was just lately voted America’s most patriotic model, gross sales have slipped over the previous few years. After gross sales quadrupled within the US, reaching almost 1 million in 2018, Jeep has struggled to realize momentum.
Jeep model gross sales fell 6% (642,924) within the US final 12 months after slipping 12% in 2022 (684,614) and one other 2% in 2021 (778,711).
CEO Antonio Filosa believes Jeep’s new electrical automobiles will assist flip issues round. Filosa advised Automotive Information final week that “one thing like 100% might be conquested,” referring to its first international EV, the Wagoneer S.
“The manufacturers we’re focusing on are primarily Tesla… however there are numerous others,” Jeep’s chief mentioned. Jeep formally unveiled the Wagoneer S luxurious electrical SUV two weeks in the past with as much as 300 miles vary.
Nonetheless, Jeep has “greater” plans to develop into new markets and strengthen the model.
Jeep Renegade goes electrical for below $25,000
Jeep confirmed it is going to launch an electrical Renegade, beginning at “below $25,000” as a part of its new progress plan.
The model will return to the mid-size UV section in North America whereas re-entering the small UV market globally. Jeep will develop its lineup from 10 to 13 over the subsequent three years. By 2027, Jeep plans to have six all-electric automobiles.
After Stellantis CEO Carlos Tavares mentioned a $25,000 Jeep EV would launch within the US “very quickly” simply weeks in the past, we’re studying it will likely be the electrical Renegade.
“Should you ask me what’s an inexpensive BEV, I’d say 20,000 euros in Europe and $25,000 within the US,” Tavares defined. “In the identical method we introduced the 20,000 Euro Citroen e-C3, you’ll have a $25,000 Jeep very quickly.”
Tavares revealed it will likely be an electrical Jeep Renegade throughout Stellantis Investor Day 2024. Though no different data was revealed, it is going to priced “below $25K.” Nonetheless, it’s unclear if that features authorities incentives.
The inexpensive Renegade EV will be a part of the Wagoneer S and Recon in Jeep’s electrical lineup. Jeep is anticipated to disclose the Recon, a rugged EV impressed by the Wrangler, later this 12 months.
Electrek’s Take
Jeep’s $25,000 electrical Renegade comes as a number of rivals are additionally aiming for the low-cost EV section.
Kia opened orders for its EV3 in Korea final week, beginning at $30,700 (KRW 42.08 million). When it arrives within the US, it’s anticipated to begin at round $35,000. The EV4, Kia’s tackle electrical sedan, is anticipated to launch at round $35,000 subsequent 12 months.
Volvo’s EX30, beginning at $35,000, is off to a scorching begin, with 14,500 fashions offered globally within the first quarter.
Chevy plans to launch the $35,000 Equinox EV mannequin later this 12 months, whereas Ford, Volkswagen, and a number of other others are additionally constructing inexpensive EVs.
What do you guys suppose? Would you purchase an electrical Jeep Renegade for below $25,000? Tell us within the feedback under.
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