Fiat Chrysler Automobiles (FCA) has revealed its plans to enter the electric vehicle market with four new vehicles by 2025. The company plans to introduce two sedans, one SUV, and one pick-up truck by the end of the decade. As reported by the Detroit News, FCA’s head of passenger car brands revealed two of these models at the company’s annual meeting yesterday in Balocco, Italy.
DEARBORN – By 2025, Jeep intends to introduce four new all-electric SUVs in North America, including the opulent Grand Wagoneer and the Recon, an off-roader with Wrangler styling.
The iconic American SUV manufacturer unveiled the new models on Thursday along with aspirations for all of its sales in Europe and the United States to be electrified by 2030. The sales goals are consistent with those previously stated by Stellantis, the parent company of Jeep.
According to Jeep executives, the new EV models will complement the brand’s current lineup rather than replacing existing models like its flagship Wrangler off-road SUV.
The declarations represent Jeep’s most thorough and determined electrification strategies to date. The company’s previous main focus was on plug-in hybrid electric cars, which provide both all-electric drive and a conventional internal combustion engine.
During a press conference, Jeep CEO Christian Meunier stated, “Our aim is quite clear: Become the global leader in SUV electrification.” The company plans to achieve that goal by 2025.
The electric Grand Wagoneer, known as the “S,” and the Recon, a “brother” to the Wrangler, are scheduled to enter production in 2024, according to Jeep.
For the electric Grand Wagoneer S, the automaker is aiming for a range of 400 miles on a single charge, 600 horsepower, and a 0-60 mph time of about 3.5 seconds. The brand did not reveal performance expectations for the Recon beyond stating that it will have off-road capability similar to the Wrangler.
By 2025, Jeep also intends to sell four new electric vehicles (EVs) in Europe, including the Avenger, a compact SUV that won’t be offered in the US. Meunier refused to specify how many of the cars will be sold in both Europe and North America.
According to the manufacturer, the Avenger, which is smaller than the Jeep Renegade, will hit dealerships in Europe in the first few months of 2023.
By 2025, Jeep wants every model in its inventory to have some kind of “electrification.” This might apply to models that are electric, hybrid, or plug-in hybrid. The business declined to predict how much of its sales in 2025 or 2030 will be driven by conventional gasoline-powered engines.
In the United States, Jeep presently sells plug-in hybrid electric versions of the Wrangler and Grand Cherokee. Before an internal combustion engine is used to power the cars, they may operate entirely on electricity. As a play on the brand’s off-road reputation combined with electrification, the 4×4 electrified models are badged “4xe.”
Jim Morrison, who is in charge of the Jeep brand in North America, remarked, “This is only the start of an exciting new chapter.” The new 4×4 is the 4xe.
Through 2025, Stellantis, the parent company of Jeep, plans to invest 30 billion euros on electric cars and related technology. By 2025, the business plans to sell 55 electrified cars in the U.S. and Europe, including 15 plug-in hybrid electric vehicles and 40 all-electric versions.