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Jeep pulls the plug on its $25,000 EV for the US

A $25,000 electric Jeep won’t happen after all. At least those in the US will likely never get to see it.

Jeep kills off plans for a $25,000 EV in the US

During its 2024 Investor Day, Stellantis revealed plans to launch three new EVs in North America: The Wagoneer S and Recon EV, both now on sale, and an all-new electric Renegade, which the company said would start at under $25,000.

Former Stellantis CEO Carlos Tavares said at the time that the $25,000 Jeep Renegade EV would arrive in the US “very soon.”

That was over a year and a half ago. Reports from the Detroit Auto Show (via ClubAlfa), which opened to the public today, claim that Stellantis CEO Antonio Filosa told reporters the company is no longer planning to bring the Jeep Renegade EV to the US.

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The news comes after Stellantis confirmed just last week it planned to kill off the Jeep Wrangler 4xe and every other plug-in hybrid vehicle sold in North America, including the Grand Cherokee 4xe and Chrysler Pacifica PHEV.

Jeep-$25,000-EV
Jeep EV roadmap (Source: Stellantis)

A company spokesperson told CarBuzz that Stellantis will instead “focus on more competitive electrified solutions, including hybrid and range-extended vehicles.”

Top comment by LM

Liked by 17 people

Haha. The one vehicle that Stellantis might be able to sell (a $25k Jeep EV) is the one they won’t offer. Of course.

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Stellantis said the decision was due to “customer demand shifting” following recent US policy changes, including the end of the $7,500 federal tax credit.

Jeep-$25,000-EV
Jeep Renegade e-hybrid (Source: Stellantis)

Even with aggressive discounts on electric models, Stellantis has struggled to gain any traction in the US with electric vehicles. Jeep sold just 10,864 Wagoneer S models in the US last year, while Dodge sold only 7,421 electric Charger Daytona models.

A smaller, more affordable Jeep may still be in the playbook, but it would likely be a hybrid or gas-powered model rather than an all-electric one.

Filosa said the automaker will reveal more about its new business plan during its Capital Markets Day, scheduled for the first half of 2026.

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Avatar for Peter Johnson Peter Johnson

Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising