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Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024 - TL;DR CNBC

Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024

Publishing timestamp: 2024-06-03 11:44:09


Summary

Jeep plans to increase sales of plug-in hybrid electric vehicles by 40-50% in the U.S. this year, as they serve as a bridge between traditional gas-guzzling SUVs and all-electric vehicles. The company is focusing on PHEVs to offset sales of gas-guzzling vehicles and is also considering launching traditional hybrid vehicles in addition to plug-in models. Jeep's next vehicles will include all-electric SUVs and plug-in "range-extender" models.


Sentiment: NEUTRAL

Tickers: 7203.T-JPTMSTLA

Keywords: transportationantonio filosabusinessstellantis nvnew yorkautostoyota motor corpunited statesbusiness newsbreaking news: businessenvironment

Source: https://www.cnbc.com/2024/06/03/jeep-plug-in-hybrid-suv-sales-target.html


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