Stellantis CEO confirms $25k Jeep EV

https://www.teslarati.com/jeep-stellantis-ceo-25-k-ev/

by belter • 2 years ago

36 86 2 years ago

1970-01-012• 2 years ago

I call bullshit. Maybe China has the ability to sell an off-road EV for only $25k, but not Stellantis.

alephnerd4• 2 years ago

They make plenty of EVs at that pricepoint in Europe (especially France and Romania edit: confused Renault Dacia in Romania and Citroen in Slovakia) and India like the Citroen e-C3 for $13k in India [0].

China isn't the only low cost BEV market. German automakers went to China, American automakers to Mexico, and French+Italian (Stellantis and Renault) automakers to India+Brazil+Romania.

Most likely it's an attempted partnership by Stellantis to work with Mahindra on their Thar EV [1], the same way Toyota, Suzuki, and Maruti Suzuki all use the same EV platform globally.

[0] https://www.citroen.in/new-ec3

[1] https://www.mahindraelectricautomobile.com/

Rinzler892• 2 years ago

They make plenty of EVs at that pricepoint in Europe (especially France and Romania)

The Dacia EV is made in China, not Romania.

groby_b2• 2 years ago

Manufacture. Not sell. Have you seen most of their dealerships? They couldn't sell a car if it was free.

(Oh yes, I'm still salty from that process. Car dealership are all abominations, but Jeep ones hold a special place in that pantheon)

erikaww• 2 years ago

We need to get rid of dealerships ASAP. They provide no value while adding extra costs on now super expensive vehicles all Americans are forced to buy to live normal lives

bagels3• 2 years ago

Jeep is a brand. Article says nothing about off road capabilities.

1970-01-012• 2 years ago

That would be an extreme departure from their current lineup:

https://en.wikipedia.org/wiki/List_of_Jeep_vehicles#Current_...

downrightmike5• 2 years ago

I'm interested, but only if its a good deal. Given all the back tracking by GM and Ford on EVs, I'd welcome the Chinese ones to come in and undercut them. Remember in 2008 when GM et all failed because all they wanted to make were SUVs and no one wanted them, even when they were a roll over hazard that was crushing people to death, and they nearly failed. Then the US Gov bailed them out and they had their shit together for a bit. Well, we are back in the SUV only era. If they don't want to produce the vehicles that we want, let someone else in who does. Then there will be competition and GM et all won't be able to be a one trick SUV pony. Auto makers DO NOT LEARN.

Frogeman• 2 years ago

The market is pushing for all SUVs, more than 70% of new cars sold are SUVs or Trucks. The car companies don't decide to make all SUVs, the consumer decided they only wanted those vehicles and the car companies obliged.

downrightmike5• 2 years ago

That's because no one makes a sub $35k car anymore. They have pushed all options to luxury and are not meeting the demand of the market, so you buy what you can get.

notaustinpowers3• 2 years ago

Well, when you haven't updated your sedan in 6 years but still charge the same price as when it first released, it's easy to claim "lack of customer demand".

NegativeLatency2• 2 years ago

This ignores the effects of marketing through advertising, product placement and taping into stuff like masculinity and toxic individualism.

It's more profitable to sell us larger/bigger/scarier cars in the vehicle size/weight arms race.

OtherShrezzing• 2 years ago

There's pretty significant tax exemptions on SUVs [1] - so a big part of that "consumer choice guiding the market" is actually "the government's choice guiding the consumer's choice, guiding the market".

Given the size of automotive lobbying in the USA, you could reasonably extend that to "the automotive lobby groups guiding the government's choice, guiding the consumer's choice, guiding the market".

[1] https://www.washingtonpost.com/business/2023/04/07/trucks-ou...

fire_lake3• 2 years ago

Yes. The taxes on these vehicles need to be raised considerably to discourage people.

asciimov2• 2 years ago

Anecdotally, it has to do with people feeling safer around the super-sized trucks in an SUV than they do a sedan.

deadbolt• 2 years ago

If only we knew why consumer demand changed to gravitate toward SUVs...

renewiltord• 2 years ago

Not going to happen. We'll tariff the shit out of the Chinese before we let them take our cars.

downrightmike5• 2 years ago

China > Mexico, some assembly required > NAFTA

otterley4• 2 years ago

...which is a real shame because they are building useful EVs that are safe enough for Western markets at compelling prices. Having access to these could attract a lot of price-sensitive buyers and make a significant dent in US automotive emissions.

We don't care that the Chinese are dominating other manufacturing (i.e., consumer goods); why do we suddenly care because it's automobiles?*

*Yes, I'm aware of the legacy power of auto worker unions and American Pride.

wannacboatmovie7• 2 years ago

I'd welcome the Chinese ones to come in and undercut them

Actually I'd rather the Chinese not saturate the market with their underpriced garbage and destroy what little manufacturing jobs the US has left, just so you can own an AliExpress EV.

otterley4• 2 years ago

Have you experienced a $25k Chinese EV yet?

Reality: https://www.youtube.com/watch?v=Kwkanuoalns

megablast2• 2 years ago

GM et all failed because all they wanted to make were SUVs and no one wanted them, even when they were a roll over hazard that was crushing people to death, and they nearly failed

Except everyone does want them, and even bigger trucks. They dominate sales.

otterley4• 2 years ago

In the late 2000s, when gas was $6+/gallon nationwide, SUV sales tanked. Automobile factories were furiously retooling to build small cars again. GM and Chrysler lost their shirts. (Ford made it out bruised but not broken.)

Then when gas became cheap again in the 2010s, SUVs became popular again, and everyone retooled again to build them.

alephnerd4• 2 years ago

It's clearly targeted at the Indian market. Stellantis EVs like the e-C3 are fairly competitive in India [0], and India is crazy about SUVs and Jeeps (eg. Toyota Fortuner and the Mahindra Thar and Scorpio).

Most likely it's an attempt by Stellantis to compete with Mahindra's upcoming Thar EV [1], the same way Toyota, Suzuki, and Maruti Suzuki all use the same EV platform globally to compete with Hyundai and Honda EVs in India.

[0] https://www.citroen.in/new-ec3

[1] https://www.mahindraelectricautomobile.com/

01HNNWZ0MV43FF• 2 years ago

Huh, so that's who owns Jeep. They also own Chrysler, Dodge, Fiat and some fancy brands like Maserati https://en.wikipedia.org/wiki/Stellantis#Brands

lvspiff2• 2 years ago

Its a shell of what it once was

Chrysler -> Fiat -> Stellantis

Dodge Trucks used to be the aspiration - now they are the bottom of the heap (but still better than a cybertruck)

araes• 2 years ago

Also confused. Thought it was that Rivian truck maker for a moment with the EV bent.

Turns out, apparently its actually Chrysler Group and Fiat S.p.A., who turned into Fiat Chrysler Automobiles N.V. (FCA) in 2014, who then merged with Peugeot Société Anonyme (PSA Group) in 2021, and then did a name change to Stellanis.

notaustinpowers3• 2 years ago

The shoebox (affectionate) 2024 Fiat 500e is $33k. How is a Jeep EV going to be $25k?

lvspiff2• 2 years ago

I'm assuming EV doesnt stand for what we think it stands for. When I think Jeep i think....Extremely Volatile? Explodes Violently? Evidently Vexatious?

bottle_roket• 2 years ago

My guess is that they mean “$25k including potential federal and state rebates” which actually means 33k for the base model that will have a 6 month order lag time.

bradlys• 2 years ago

It’ll be for a base model that they don’t actually sell at dealerships at all. The ones rolling onto lots will still be $50k+

Genuinely: why does anyone believe almost anything these guys say? They’re not going to be honest - it’s their fiduciary responsibility to be dishonest.

zoeysmithe• 2 years ago

Because that car is a highly stylish car aimed at upper middle class people, and has the styling, pricing, and marketing to match.

The Jeep is going to be midmarket with probably a lot of cost-cutting features. Probably not as nice fit and finish and such and will probably hit the $25k price point, after the $7500 subsidy.

If I had to guess it might be an electric version of the ICE Jeep Compass which starts at $25k. EV motors and batteries are reaching an economic point where they are becoming practically drop-in replacements for ICE drivetrains. The engine, drivetrain, emissions, etc stuff is also expensive. Assembly I imagine is cheaper too because electric cars are simpler machines.

fire_lake3• 2 years ago

The ICE Fiat 500 is a cheap car in Europe. Is it different in the USA?

snakeyjake2• 2 years ago

I don't know how much of a battery's cost is yet to be reduced by scale and process improvements, but it isn't $0. Maybe?

rsynnott2• 2 years ago

While it is of course most improper on this website to read the article:

Tavares disclosed few details about the upcoming vehicle, saying it will be priced around $25,000 in the U.S. to emulate Stellantis’ pricing of the Citroen e-C3 SUV, a low-cost model starting at 23,300 euros, or about $25,200, in Europe.

I mean, reading between the lines, they all but say that it's going to be same platform as the e-C3; Citroen and Jeep are both members of the big happy family of car brands everyone had forgotten existed that is Stellantis. (Stellantis does seem to be slightly getting its act together now, but for quite a while it really was just a bunch of "wait, they still make those?" brands).

That said there's actually a 25k EUR version of the e500 available here; possibly the US only gets the higher trim levels or something?

datavirtue• 2 years ago

Cool, but we want hybrids.

jes51992• 2 years ago

that’s 2022 thinking

jader2013• 2 years ago

Not me. To me hybrids are the worst of both worlds when it comes to maintenance.

I bought my EV to get rid of oil changes, transmission fluid flushes, alternator issues, spark plugs, oil filters, break pad/rotor changes, and most importantly, trips to gas stations.

The only reason I need to get it serviced is for tire rotations and recalls.

That’s it.

wannacboatmovie7• 2 years ago

So you're also skipping important safety inspections that normally happen at oil change intervals?

kernal• 2 years ago

The company that built the K-car is now going to sell a 25K jeep? Oh dear.

jazzyjackson2• 2 years ago

Probably something like the Mazda MX 30 which can be had like new for ~20k cuz no one wants a 100 mile range

However I am really looking forward to the MX-30 R-EV plug-in hybrid variant that is meant to come stateside this year, 50 mile EV range + a tiny rotary engine as a range extender to keep going after that.

Astronaut3315• 2 years ago

If our family ever needed a second car, about 70 miles of real-world range would be more than plenty. We already have a long range EV for road trips.

jazzyjackson2• 2 years ago

fair enough, makes sense for a multi-car household. in my town plenty of people get around in electric golf cars if they don't have to get on a highway

rsynnott2• 2 years ago

The Citroen e-C3 from the same manufacturer costs <25k eur and has a range of 300km or so.

jes51992• 2 years ago

I would love a cheap electric Jeep. Can they actually produce a significant number of them? and turn a profit?

Kon-Peki• 2 years ago

Perhaps this is what they're going to build at Belvidere.

https://www.wifr.com/2023/11/03/stellantis-commits-nearly-5b...

https://www.wifr.com/2024/05/07/stellantis-reassures-belvide...

Stellantis CEO confirms $25k Jeep EV

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