The first Jeep and Dodge electric vehicles will hit the US later this year. Ahead of their official launches, Stellantis revealed the new STLA Large EV platform that will underpin the upcoming Jeep and Dodge EVs. The platform features up to 500 miles range and power “that will outperform any of the existing Hellcat V-8s.”
Stellantis’ new STLA Large platform is one of four global EV platforms teased during its EV Day 2021.
The automaker already unveiled the STLA Medium platform last summer. The Medium architecture aims to serve “the heart of the market” with C and D segment models, which accounted for almost half of the 78.5 million EVs sold in 2022.
STLA Large, on the other hand, will be used to power D and E segment vehicles. Stellantis says the platform provides “segment-leading capabilities” like charging efficiency, performance, and Trail Rated off-road driving.
The first EVs to use the platform will be Jeep and Dodge models, followed by Alfa Romeo, Chrysler, and Maserati.
Stellantis plans to launch eight vehicles over the next two years. CEO Carlos Tavares said STLA Large would be a “driving force” as the Jeep and Dodge brands begin their EV offensive in the US.
(Source: Stellantis)
New STLA Platform to fuel Jeep and Dodge EV rollout
The STLA Large platform will serve between 85 and 118 kWh battery pack options. With that, Stellantis targets up to 500 miles (800 km) of range for sedans.
Stellantis also said the new EV platform will include “extreme power,” claiming it will “outperform any of the existing Hellcat V-8s.” Top models could sprint from 0 to 62 mph (100 km/h) in “the 2-second range,” according to Stellantis.
(Source: Stellantis)
The platform comes with 400V and 800V options. Fast charging with the 800V option can add up to 4.5 kWh per minute.
New STLA Large dimensions:
Length: 187.6-201.8 inches (4,764-5,126 mm)
Width: 74.7-79.9 inches (1,897-2,030 mm)
Wheelbase: 113.0-121.1 inches (2,870-3,075 mm)
Ground clearance: 5.5-11.3 inches (140-288 mm)
Maximum tire diameter: 32.6 inches (858 mm)
The new platform release comes as Jeep and Dodge have both teased their first EV models in the past month.
Jeep Wagoneer S (Source: Stellantis)
Jeep’s first all-electric model in the US, the Wagoneer S, will go on sale this fall. The brand claims it will include 600 horsepower and “lightning fast” capabilities with a 0 to 60 mph sprint in around 3.5 secs. It will also feature up to 400 miles range.
2024 electric Jeep Recon (Source: Stellantis)
After that, Jeep’s Recon is due out. The Recon is inspired by the off-road Wrangler with options like removable doors and windows.
Jeep’s Wrangler-like EV is a “rugged and capable electric SUV” that can cross the Rubicon Trail, according to Jeep’s North American boss, Jim Morrison.
(Source: Dodge)
Dodge is launching the electric version of its iconic Charger later this year. The electric Charger was spotted testing near Chrysler’s HQ this week, and from what’s seen, the EV carries much of the muscle car’s influence. Although specs have yet to be confirmed, rumors suggest the top trim could pak around 900 horsepower.
Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.
According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.
“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.
The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.
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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.
Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.
And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.
The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.
Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.
That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.
The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.
Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.
The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.
Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.
In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.
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U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.
Nathan Howard | Reuters
When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
— CNBC’s Erin Doherty contributed to this report.
What you need to know today
And finally…
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
Francis Chung | Bloomberg | Getty Images
When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.
And finally…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.
Pascal Rondeau | Hulton Archive | Getty Images
The CEO mindset is shifting. It’s no longer all about winning
CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure.