JEEP'S $25,000 EV WILL BE THE NEXT RENEGADE

Jeep has given a name to its upcoming affordable electric car, and it's a familiar one.

The entire auto industry is chasing more affordable electric vehicles. They need to move electric power to a new class of buyer, they're freaked out by the incursion of China's advanced EVs and they have tough fuel economy average targets to meet. Even Jeep is no exception. And so today, we got some news about Jeep's upcoming $25,000 electric model, including the fact that it carries a familiar name.

Jeep's new $25,000 EV will be the next Jeep Renegade, according to a presentation at parent company Stellantis' annual Investor Day event. That move brings fully electric power to a compact but still off-road-capable crossover that's been around since 2014, and also currently exists as a 4xe plug-in hybrid in some markets.

Beyond the announcement of the new name, few details were offered today, except to say that Jeep seems to be targeting a 2027 release date for the next Renegade. In the meantime, the automaker has several more plug-in hybrid, fully electric and range-extender models in the pipeline. Like those models, the Renegade is planned for North America.

This is a breaking news post and will be updated.