"Stellantis to Launch $25K Jeep EV in U.S. Soon"

1 min read
Source: CNBC
"Stellantis to Launch $25K Jeep EV in U.S. Soon"
Photo: CNBC
TL;DR

Stellantis CEO Carlos Tavares announced that a $25,000 all-electric Jeep will be available in the U.S. "very soon" to attract mainstream consumers amid slow EV adoption. This move aims to compete with affordable EVs from Chinese automakers like BYD and Nio. The company plans to achieve cost parity between electric and traditional vehicles within three years, despite challenges from geopolitical tensions and tariffs on Chinese-made EVs.

Share this article

Want the full story? Read the original reporting

Read on CNBC