Stellantis CEO Announces $25k Jeep EV Coming Soon

Stellantis plans to launch a $25,000 electric Jeep to boost EV demand in the U.S., aiming to make EVs more accessible to consumers. CEO Carlos Tavares announced the initiative, drawing parallels to the affordable Citroen e-C3 in Europe. Despite challenges like consumer interest and tariffs on China-made EVs, Tavares is optimistic about achieving price parity with internal combustion engine vehicles within three years.