Jeep, Dodge, and Alfa Romeo’s parent corporation will contribute $170 million to make it happen.
The automobile company Stellantis, which owns Dodge, Chrysler, Jeep, and Ram among other brands, will spend around $176 million/€160 million to introduce an entirely new, all-electric luxury SUV in 2025.
The future EV will be built on the STLA Medium platform from the consortium, which is intended for luxury cars with a length of between 165.4 and 196.9 inches/4,200 and 5,000 millimeters and a battery capacity of between 87 and 105 kilowatt-hours with a maximum range of 700 kilometers/440 miles.
Additionally, the Stellantis STLA Medium design may employ powertrains that produce between 125-330 kilowatts/167-442 horsepower, in either front-, rear-, or all-wheel drive combinations, according to the company’s early details about its new EV platforms scheduled to debut in 2021.
The company will invest in its Rennes plant in France, including a workshop for battery assembly and a facility specifically for plastic injection molding. The Peugeot 5008 and Citroen C5 Aircross are currently produced in France, however, both vehicles will likely be replaced by this revolutionary EV, code-named CR3.
The New Vehicle Would Not Be Available In Any Other Form Other Than An All-Electric Model
It’s important to remember that the giant carmaker company also controls Opel and Vauxhall, both of which produce the Grandland small SUV, which currently shares a chassis with the Peugeot and Citroen versions. The STLA Medium platform-based all-electric replacement, which will be built at the company’s facility in Eisenach, Germany, and make its debut the following year, will also replace these two variants.
While Jeep’s following all-electric SUVs, the Recon and Wagoneer S, will be mainly sold in the United States, all of these EVs will be targeted primarily at the European market.
As part of its “Dare Forward 2030” strategy, Stellantis plans to make all of its brands’ vehicles electric starting in 2030 and achieve carbon neutrality by 2038.
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