It has been officially announced that an all-electric Jeep Renegade will be released. Even better, as Jeep enters more areas, the starting price will be less than $25,000. The Wagoneer S and Wangler-inspired Recon are the other two all-electric Jeep vehicles that the Jeep Renegade EV will join.
During Stellantis 2024 Investor Day, the announcement was verified. Three new electric vehicles (EVs) are coming to North America, including Jeep’s electric Renegade.
Sales of Jeep have decreased over the previous few years, despite the brand recently being chosen America’s most patriotic. Jeep has had difficulty gaining traction in the US after sales nearly doubled to one million in 2018.
Jeep brand sales fell 6% (642,924) in the US last year after slipping 12% in 2022 (684,614) and another 2% in 2021 (778,711).
CEO Antonio Filosa believes Jeep’s new electric vehicles will help turn things around. Filosa told that “something like 100% will be conquested,” referring to its first global EV, the Wagoneer S.
“The brands we are targeting are mainly Tesla… but there are many others,” Jeep’s leader said. Jeep officially unveiled the Wagoneer S luxury electric SUV two weeks ago with up to 300 miles range.
However, Jeep has “bigger” plans to expand into new markets and strengthen the brand.
Jeep confirmed it will launch an electric Renegade, starting at “under $25,000” as part of its new growth plan.
The brand will return to the mid-size UV segment in North America while re-entering the small UV market globally. Jeep will expand its lineup from 10 to 13 over the next three years. By 2027, Jeep plans to have six all-electric vehicles.
After Stellantis CEO Carlos Tavares said a $25,000 Jeep EV would launch in the US “very soon” just weeks ago, we are learning it will be the electric Renegade.
“If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares explained. “In the same way we brought the 20,000 Euro Citroen e-C3, you will have a $25,000 Jeep very soon.”
Tavares revealed it will be an electric Jeep Renegade during Stellantis Investor Day 2024. Although no other information was revealed, it will priced “under $25K.” However, it’s unclear if that includes government incentives.
The affordable Renegade EV will join the Wagoneer S and Recon in Jeep’s electric lineup. Jeep is expected to reveal the Recon, a rugged EV inspired by the Wrangler, later this year.