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 electric vehicle adoption, CEO Carlos Tavares said Wednesday.
"In the same way we brought the 20,000 Euro Citroen e-C3, you will have a $25,000 Jeep very soon," he said Wednesday during a Bernstein investor conference.
Stellantis currently offers an all-electric version of its Avenger SUV in Europe, starting at about 35,000 euros, or about $37,800, according to its website.
Offering a new EV for around $25,000 has long been a target for automakers such as Stellantis, Tesla and others.
"If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the U.S.," Tavares said.
Persons:
Carlos Tavares, Tavares, Stellantis, Tesla, BEV, " Tavares
Organizations:
Citroen
Locations:
U.S, Europe, China