Jeep is charging ahead with its plans to become the “number-one electrified SUV brand” as it unveils its first pure electric vehicle, the Avenger. The rugged SUV maker says its new EV concept carries the Jeep brand into the future with “best-in-class capabilities” for on- and off-road driving.
In September, Stellantis-owned Jeep teased four new fully electric models to be launched in the US and Europe by the end of 2025.
Jeep is known for making rugged vehicles with exceptional off-road capabilities, which the automaker plans to carry into the new era of electric vehicles. The company is built on four values –freedom, adventure, authenticity, and passion – as it sets its sights on the EV market.
At the ParisMotor Show on Monday, Jeep says it will use these values to propel the brand into an all-electric future, revealing new details behind its flagship EV model.
Last month, the automaker said the Jeep Avenger will be the first EV model introduced to the European market with plans to hit showrooms in 2023. Meanwhile, while most automakers are introducing their largest models in electric versions, Jeep is going a different route, as the Avenger is designed for all terrains – off-road and city. Head of Jeep Europe, Antonella Bruno, claimed during the release:
The all-new Avenger will offer Jeep brand capability that is rightsized for the European market. This modern, fun and emotional SUV will appeal to a growing set of customers who are looking for a capable, compact, modern and all-electric Jeep brand alternative to the current players.
Today, Jeep is giving us a closer look at its electric Avenger model with new details around specifications and an image gallery.
Jeep reveals specs and new images of the electric Avenger model
During a Jeep brand press conference, the company’s CEO, Christian Meunier, talked about their first fully electric model and how they wanted to retain features that make the “Jeep brand,” stating:
The Avenger has been designed as a Jeep vehicle from the outset, and the all-electric 4×2 model already offers some of the best-in-class capabilities that identify the Jeepbrand. But we couldn’t help but wonder, what would happen if we injected the Jeep brand’s four-wheel drive electrified capabilities into a compact package, while retaining the brand’s unique design language, capability and personality?
The new Avenger is a small, compact SUV model at just 160.6 inches in length, smaller than the Jeep Renegade. The 400V front-mounted electric motor produces 156 HP and 192 lb.-ft. of torque.
The 54 kWh battery delivers up to 250 miles in the combined cycle but can reach up to 340 urban miles driven. It will be based on the CMP Modular Platform from Stellantis, primarily used for subcompact electric cars like the Peugeot e-2008.
Jeep claims its new EV can charge 20% to 80% in 30 minutes with 100 kWh DC fast charging.
On the outside, the electric model fully resembles the classic Jeep SUV look, with its signature seven-slot grille, slim LED lights, and aggressive tires. However, Jeep added thicker cladding, 200mm ground clearance, and built-in flood lights to add to its ruggedness and off-road abilities.
The electric Jeep Avenger is ready to tackle any terrain with several different driving modes for different conditions (snow, mud, sand, etc.) while utilizing Selec-Terrain and Hill Descent Control technologies.
European buyers in specific markets can preorder the Avenger before its launch early next year.
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The Mockingbird Solar Center, Ørsted’s largest solar project globally, is now online, next to protected prairie donated by the renewable energy giant.
This massive 468-megawatt (MW) solar farm is set to power 80,000 homes and businesses, providing a major boost to the Texas grid.
But the launch of Mockingbird Solar isn’t just about clean energy – it’s also about restoring precious ecosystems. Ørsted has donated 953 acres of the Smiley-Woodfin Native Prairie Grassland, which sits next to the solar center, to The Nature Conservancy. The donated land is now the Smiley Meadow Preserve, a protected area for tallgrass prairie that’s home to more than 400 species of grasses and wildflowers.
Tallgrass prairies are some of the rarest ecosystems in the US, with less than 1% of Texas’ original tallgrass prairies still in existence. Tallgrass prairie does a lot of heavy lifting for the environment, including storing carbon, preventing floods, and providing crucial habitats for pollinators.
“Native prairies are the rarest landscapes left in Texas – so much so that many people have never seen one,” said David Bezanson, land protection strategy program director for The Nature Conservancy in Texas. He added that preserving Smiley Meadow will not only conserve one of the best prairie remnants left but also help restore other prairie habitats and boost regional biodiversity.
The Mockingbird Solar Center, a half-billion-dollar project, is part of Ørsted’s $20 billion push to expand renewable energy production across the US. Beyond generating electricity, it will inject $75 million into local property taxes, benefiting schools and other public services. The project also created over 550 construction jobs and will continue to be supported by operations staff moving forward.
Ørsted worked with US companies, including First Solar, for solar panels and partnered with local businesses like Drake Construction and Pfifer Farms for construction materials. It also gave more than $50,000 to local volunteer fire departments in Roxton and Brookston.
With Mockingbird Solar now up and running, Ørsted has more than 6 gigawatts of onshore wind, solar, and battery storage projects either in operation or being built across the US.
If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.
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CNBC’s Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump’s administration and a majority Republican Congress.
“We’re hearing about all sorts of Trump trades right now, and many of these things have made insane moves in less than three weeks, to the point where, actually, they’re feeling precarious to me,” he said. “If you want a sustainable Trump trade, I say bet on the natural gas ecosystem. This is an industry that already had a lot going for it, it just needed some cooperation from the federal government, which it is about to get.”
President Joe Biden’s administration is largely opposed to fossil fuels, Cramer said, and the federal government has worked to block pipelines and paused new liquified gas export authorizations. This dynamic, coupled with a weaker global economy, caused the sector to underperform for much of the year, he suggested. But Trump has shown more favor to the industry, and Cramer pointed out that he tapped prominent oil executive Chris Wright to lead the Department of Energy.
Cramer recommended several stocks in the sector, including energy producers EQT and Coterra. The former is focused on natural gas and recently acquired peer Equitrans, raising the combined company’s valuation to an estimated $35 billion, Cramer noted. He added that Coterra is a good long-term holding and called the company “one of the shrewdest operators in the industry.”
He highlighted pipeline companies, including Energy Transfer and Kinder Morgan, and said he was especially bullish on Enbridge. Enbridge says it transports about 20% of all natural gas consumed in the U.S., and Cramer claimed the Canadian outfit has “strategically located assets.”He also named Cheniere and Sempra, saying the former is the “best play” for liquified natural gas exports.
“Seasonally, this is a good time for the commodity,” he said, pointing out that natural gas itself has climbed since the election. “But I also think there’s some optimism about the future of the industry driving this move.”
Jeep’s first global luxury electric SUV will arrive at US dealerships any day. Despite its $72,000 price tag, lease prices for the 2024 Jeep Wagoneer S EV start at just $599 per month.
Jeep claims the Wagoneer S packs “exhilarating performance.” With 600 hp and 617 lb-ft of torque, the big-body SUV can sprint from 0 to 60 mph in just 3.4 seconds. Its 100 kWh battery pack also gives it a driving range of over 300 miles.
The electric SUV is unmistakably still a Jeep, but it did get several upgrades to distinguish it as an EV. The grille is now enclosed without the need to cool a massive engine, giving it a sporty, more modern look.
Jeep revamped its design with a new illuminated seven-slot grille with ambient cast lightning. It also fine-tuned its profile, adding flush door handles, a rear wing, and integrated fins for better airflow.
Jeep Wagoneer S Launch Edition (Source: Jeep)
The first Jeep Wagoneer S Launch Edition models get exclusive dark accent design elements like 20″ Gloss Black Wheels.
Inside, the electric SUV is loaded with the latest tech and connectivity, including a best-in-class 45″ of usable screen space. The setup includes a 12.3″ center screen and an exclusive 10.25″ interactive front passenger screen.
Jeep Wagoneer S Launch Edition Radar Red interior (Source: Jeep)
Jeep already announced that the 2024 Wagoneer S EV will start at $71,995, but now the company has revealed lease prices for the first time.
According to Jeep, the 2024 Jeep Wagoneer S Launch Edition can be leased for $599 per month for 36 months (10,000 miles per year). The deal includes $4,999 due at signing and a $7,500 EV incentive. However, you may want to act fast, as Jeep’s offer is only good until December 2, 2024.
Jeep Wagoneer S vs Tesla Model Y
Starting Price
Range
Lease Price
Jeep Wagoneer S Launch Edition
$71,995
+300 miles
$599/mo
Tesla Model Y RWD
$44,990
320 miles
$299/mo
Tesla Model Y AWD
$47,990
308 miles
$399/mo
Tesla Model Y AWD Performance
$51,490
279 miles
$599/mo
In comparison, Tesla Model Y RWD lease prices start at $299 for 36 months with $2,999 down (10,000 miles). The Performance AWD model starts at $599 per month. In an end-of-year promo, Tesla also offers 3 months of free Supercharging and Full Self-Driving.
Ready to drive off in your new electric SUV? We can help you get started. You can use our links below to view offers on the Jeep Wagoneer S and Tesla Model Y at a dealer near you.
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