The importance of an affordable EV has grown more apparent as Chinese automakers like BYD and Nio grow their sales outside of China.
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. "very soon" to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said.
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022.plans to offer a $25,000 all-electric Jeep vehicle in the U.S. "very soon" to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said Wednesday.
"In the same way we brought the 20,000 Euro Citroen e-C3, you will have a $25,000 Jeep very soon," he said Wednesday during a"We are using the same expertise, because we are a global company and this is totally fluid across the engineering world of Stellantis." "If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the U.S.," Tavares said. "So our job is to bring the safe, clean and affordable BEV to the U.S., $25,000. We'll do it.", due later this year. The company is scheduled to officially reveal the vehicle Thursday in New York. A Jeep Wrangler-inspired off-road vehicle called the Recon also is expected as soon as this year.
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