A $25,000 electric Jeep? Challenging but possible, CEO says

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Jeep CEO Antonio Filosa talks about the prospect of a $25,000 electric vehicle, which was recently announced by Stellantis CEO Carlos Tavares.

Earlier this week, Stellantis CEO Carlos Tavares took the stage at the Bernstein investor conference and threw down the gauntlet. Tavares, who oversees companies like Fiat, Chrysler, Dodge, Ram, and, most importantly, Jeep, said the launch of the new all-electric Jeep Wagoneer S would signal the start of an EV “offensive” that would take the US by storm, according to multiple reports.

After that, a third unnamed vehicle will be announced the following year — though Filosa wouldn’t say whether it would be a battery-electric vehicle, plug-in hybrid, or perhaps both. “It will be affordable,” Filosa said, calling it “a smaller Jeep,” but likely not the $25,000 model referenced by Tavares. Battery-electric vehicles represent a significant shift for Jeep, which has largely been focused on plug-in hybrid vehicles in the US.

 

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