Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon'

The importance of an affordable EV has grown more apparent as Chinese automakers like BYD and Nio grow their sales outside of China.

Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S."very soon" to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said.

The importance of an affordable EV has grown more apparent as Chinese automakers like BYD and Nio grow their sales outside of China.plans to offer a $25,000 all-electric Jeep vehicle in the U.S."very soon" to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said Wednesday.Tavares disclosed few details about the upcoming vehicle other than that it will be priced around $25,000 in the U.S.

Stellantis currently offers an all-electric version of its Avenger SUV in Europe, starting at about 35,000 euros , according to itsand others. The importance of such a vehicle has grown more apparent as Chinese automakers like BYD and Nio grow their sales

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