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

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.

PHEVs, which combine an internal combustion engine with EV technologies, could help accelerate consumer adoption of electrified vehicles, as a sort of stutter step to all-electric models. NYSE technical issue impacts some stock values, exchange incorrectly shows Berkshire Hathaway down 99%Jeep has leaned into PHEVs more than others as a way to offset sales of the brand's gas-guzzling SUVs amid tightening emissions and fuel economy standards.called the Recon and then a replacement for the discontinued Cherokee midsize SUV during the first half of next year.

"We're deciding at the moment how will the market respond to our hybrids," Curic said during a separate interview."We have a good mix on our roadmap between EV, PHEV, ."

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