Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024

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The target comes as Jeep launches its first all-electric SUVs in the U.S., beginning with the Wagoneer S EV.

Jeep expects to sell 160,000 to 170,000 plug-in hybrid electric vehicles, or PHEVs, in the U.S. this year, an increase of 40% to 50% from last year, Jeep CEO Antonio Filosa told CNBC.

"It's the best time to be flexible, as we are," Filosa said during an interview Thursday after unveiling the brand's new EV in New York."One of the pillars of growth for the market is going to be freedom of choice." "We have a game plan. We have a business plan, and we believe that price position and product wise, we are perfect to meet the volume we want to make," Filosa said.The New York Stock Exchange welcomes The Jeep Brand to the podium, on May 31, 2024. To honor the occasion, Antonio Filosa, Chief Executive Officer, joined by Lynn Martin, President, NYSE Group rings The Opening Bell®.

 

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