American automobile brand Jeep has announced that it will launch two new electric vehicle models -- the Jeep Wagoner S and the Jeep Recon -- in North America by 2025. One of the models is also set to be released in Europe.
Overall, the announcement of the two new EVs is representative of Jeep's broader initiative to electrify its lineup of vehicles as it aims to become the global leader in all-electric SUVs. According to a recent statement by the company, Jeep plans for its EV models to make up 50 percent of sales in North America by 2030. The new electric motors powering these vehicles have been made in collaboration with Stellantis.
"Stellantis gives us that scale to capitalize on the resources for engineering, design, software, and all the horsepower that we need to accelerate the electrification and keep the Jeep DNA intact," said Jeep CEO Christian Meunier.
Powerful All-Electric SUVs
Jeep is Set to Launch Two New EVs, the Jeep Recon & the Wagoneer S
Trend Themes
1. All-electric Suvs - The rise of all-electric SUVs presents opportunities for companies to enter the emerging market and innovate in sustainable transportation solutions.
2. Electrification of Vehicle Lineups - The trend of established automotive brands electrifying their vehicle lineups creates opportunities for companies that specialize in electric motors, batteries, and charging infrastructure.
3. Collaboration for Innovation - The Jeep and Stellantis collaboration is an example of how partnership between companies can lead to disruptive innovation, as resources and expertise are shared and leveraged for accelerated progress.
Industry Implications
1. Electric Vehicle Manufacturing - Companies specializing in electric vehicle manufacturing can thrive in the growing market and innovate new designs and technologies for all-electric SUVs.
2. Energy Storage Solutions - The need for energy storage solutions to power electric vehicles presents opportunities for companies to develop more efficient battery technologies for longer range and faster charging times.
3. Charging Infrastructure - As the market for all-electric SUVs continues to grow, there is a need for companies to develop and innovate charging infrastructure, such as fast-charging stations and wireless charging technology.