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Jeep’s $25,000 EV will be the next-generation Renegade

  • June 16, 2024
  • 3 min read
Jeep’s $25,000 EV will be the next-generation Renegade

During a recent Stellantis investor presentation, CEO Antonio Filosa and other executives shared insights into the future of Jeep up to the year 2027. The plans include a lineup of new and updated models, with a strong focus on electrification at both the high and low ends of the price spectrum.

One of the key announcements was regarding the next-generation Jeep Renegade, a compact SUV. Filosa revealed that the upcoming model will feature a fully-electric variant priced at under $25,000. Stellantis CEO Carlos Tavares mentioned that this electric Renegade would utilize lithium-iron-phosphate battery chemistry due to its cost-effectiveness. He also emphasized the importance of having LFP battery-producing facilities in North America to qualify for tax credits, hinting that the initial MSRP of the electric Renegade may exceed $25,000 but could drop below that threshold after incentives.

In addition to the Renegade, Jeep has plans for a new generation of the Compass by 2027. Another upcoming model is a midsize SUV, which was teased during the recent Wagoneer S reveal. While the specific name of this SUV has not been disclosed, it is speculated to be a successor to the Cherokee with a different moniker. The brand’s existing lineup, including the Wrangler, Gladiator, Grand Cherokee, Wagoneer, and Grand Wagoneer, will also receive refreshes leading up to 2027. By that time, Jeep aims to have five PHEV variants, a range-extended model, and six full EVs in its portfolio.

Among the six full EVs planned, two will be unveiled in 2025, with one based on the STLA Large platform and the other on the STLA Medium platform. These platforms will cater to different vehicle segments, with the Large platform accommodating E- and D-segment vehicles like the Grand Cherokee, and the Medium platform suitable for D- and C-segment vehicles such as the Compass.

The introduction of the Renegade EV is expected to follow the launch of larger models and may utilize the Stellantis Smart Car platform, which supports B- and C-segment vehicles with hybrid engines and electric powertrains. Jeep’s electrification journey is set to accelerate in the coming years, with the Wagoneer S slated for release later this year and the Recon expected to hit the market next year.

Overall, Jeep’s electrification plans indicate an exciting period ahead for the brand, with a strong emphasis on expanding its electric vehicle offerings. Stellantis CEO Carlos Tavares recently shared additional details about the Renegade EV, underscoring the brand’s commitment to advancing its electric vehicle lineup.

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