An all-electric Jeep Renegade is finally confirmed. Even better, it will start at under $25,000 as Jeep expands into new markets. In the US, the Jeep Renegade EV will join two other all-electric Jeep vehicles, the Wagoneer S and Wangler-inspired Recon.
The news was confirmed during Stellantis 2024 Investor Day on Thursday. Jeep’s electric Renegade will be among three new EVs launching in North America.
Although Jeep was recently voted America’s most patriotic brand, sales have slipped over the past few years. After sales quadrupled in the US, reaching nearly 1 million in 2018, Jeep has struggled to gain momentum.
Jeep brand sales fell 6% (642,924) in the US last year after slipping 12% in 2022 (684,614) and another 2% in 2021 (778,711).
CEO Antonio Filosa believes Jeep’s new electric vehicles will help turn things around. Filosa told Automotive News last week that “something like 100% will be conquested,” referring to its first global EV, the Wagoneer S.
“The brands we are targeting are mainly Tesla… but there are many others,” Jeep’s leader said. Jeep officially unveiled the Wagoneer S luxury electric SUV two weeks ago with up to 300 miles range.
Jeep Wagoneer S Launch Edition (Source: Jeep)
However, Jeep has “bigger” plans to expand into new markets and strengthen the brand.
Jeep Renegade is going electric for under $25,000
Jeep confirmed it will launch an electric Renegade, starting at “under $25,000” as part of its new growth plan.
The brand will return to the mid-size UV segment in North America while re-entering the small UV market globally. Jeep will expand its lineup from 10 to 13 over the next three years. By 2027, Jeep plans to have six all-electric vehicles.
Jeep plans electric Renegade for under $25,000 (Source: Stellantis)
After Stellantis CEO Carlos Tavares said a $25,000 Jeep EV would launch in the US “very soon” just weeks ago, we are learning it will be the electric Renegade.
“If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares explained. “In the same way we brought the 20,000 Euro Citroen e-C3, you will have a $25,000 Jeep very soon.”
Jeep Recon electric SUV (Source: Stellantis)
Tavares revealed it will be an electric Jeep Renegade during Stellantis Investor Day 2024. Although no other information was revealed, it will priced “under $25K.” However, it’s unclear if that includes government incentives.
The affordable Renegade EV will join the Wagoneer S and Recon in Jeep’s electric lineup. Jeep is expected to reveal the Recon, a rugged EV inspired by the Wrangler, later this year.
Electrek’s Take
Jeep’s $25,000 electric Renegade comes as several rivals are also aiming for the low-cost EV segment.
Kia opened orders for its EV3 in Korea last week, starting at $30,700 (KRW 42.08 million). When it arrives in the US, it’s expected to start at around $35,000. The EV4, Kia’s take on electric sedan, is expected to launch at around $35,000 next year.
Volvo’s EX30, starting at $35,000, is off to a hot start, with 14,500 models sold globally in the first quarter.
Chevy plans to launch the $35,000 Equinox EV model later this year, while Ford, Volkswagen, and several others are also building affordable EVs.
What do you guys think? Would you buy an electric Jeep Renegade for under $25,000? Let us know in the comments below.
FTC: We use income earning auto affiliate links.More.
BYD’s cheapest EV in China just got even more affordable. After cutting prices this month, the BYD Seagull EV starts at just 56,800 yuan, or under $8,000.
BYD cuts Seagull EV price to under $8,000 in April
Despite an intensifying EV price war in China, BYD is cutting prices once again. The Chinese EV giant announced a new promotion this month across several Ocean Series models, including the Seagull.
The 2025 BYD Seagull EV is available starting at just 56,800 yuan ($7,800). The offer is for the non-Smart Driving Vitality Edition model, which usually starts at 69,800 yuan ($9,500).
After launching the new Seagull last year, BYD said the low-cost electric car officially opened “a new era of electricity being lower than oil.” Earlier this year, it upgraded most of its vehicles, including the Seagull, with its new “God’s Eye” smart driving system at no extra charge.
Advertisement – scroll for more content
BYD’s Seagull is offered in three trims in China: Vitality, Freedom, and Flying. It has two battery options, 30.1 kWh or 38.9 kWh, which is good for the 305 km (190 mi) and 405 km (252 mi) CLTC range, respectively.
BYD cuts vehicle prices in April 2025, including the Seagull EV (Source: BYD)
At just 3,780 mm long, 1,715 mm wide, and 1,540 mm tall, the Seagull is even smaller than the former Chevy Bolt EV (4,145 mm long, 1,765 mm wide, and 1,611 mm tall). It’s about the size of a Fiat 500e.
BYD Seagull EV (Dolphin Mini) testing in Brazil (Source: BYD)
The price cut comes as BYD’s sales continue surging. With another 377,420 new energy vehicles (EVs and PHEVs) sold last month, the Chinese automaker has now sold over one million NEVs in 2025.
BYD’s EVs accounted for 416,388 while PHEV sales reached 569,710, an increase of 39% and 76% from last year, respectively.
Perhaps even more importantly, BYD sold over 206,000 vehicles overseas in 2025, more than doubling from last year. The Seagull EV is also sold in other global markets like Mexico and Brazil as the Dolphin Mini.
Later this year, it will launch in Europe as the Dolphin Surf, with expected prices starting under £20,000 ($26,000). Although it may not be the cheapest EV, BYD’s executive vice president, Stella Li, recently told Autocar it will be “the best value” when it arrives.
FTC: We use income earning auto affiliate links.More.
Prior to the launch, only a fully loaded $60,000 Launch Edition Model Y was available to order since January, and had been delivered since early March.
Advertisement – scroll for more content
Now, North American buyers are able to buy a much cheaper version of the new Model Y for $49,000.
Only the Model Y Long Range AWD is available for now, but that’s Tesla’s most popular model in North America.
At the time, we noted that this is a great demand test for Tesla in the US amid some critical brand issues due to CEO Elon Musk.
We only have a few metrics to track the demand of the new Model Y in the US:
Delivery timelines on new orders
Available inventory
Discounts/incentives
For most US zip codes tested by Electrek with different Model Y configurations (wheels and paint colors), Tesla quotes delivery within “1-3 weeks”.
But we also found several zip codes on both the West Coast and the East Coast where Tesla claims it can deliver the new vehicle “today”:
This would point to Tesla already having vehicles in inventory despite launching it just 4 days ago.
But Tesla is hiding the inventory.
If you search for Model Y in Tesla’s new inventory, you can’t find any in the US at the time of writing:
However, Tesla is showing some units in inventory to people configuring new Model Ys.
Some potential buyers are reporting that Tesla has a tab that pops up and directs them to some new inventory available (via TroyTeslike on Patreon):
This confirms that Tesla already has new non-Launch Edition Model Y in inventory available for sale in the US – pointing to Tesla having no backlog of demand for the new vehicle.
Electrek’s Take
This is much worse than I thought. I thought that Tesla would build a backlog of demand for the new Model Y in the US from people who didn’t want the fully loaded version, but it looks like that backlog lasted 4 days.
Of course, it’s all because of Tesla and Elon, and brand destruction.
Many people who invested in the stock market lost a lot of money over the last few weeks, and these people often happen to be people who buy new cars.
Now, the only thing left is for Tesla to start offering discounts and subsidies financing – the latter likely coming first, as it is already the case with new Model 3 orders in the US.
The good news for Tesla is that if Trump continues to crash the stock market, the Fed will likely have to reduce rates, making Tesla’s 0% financing cheaper to subsidize.
That’s a fun balancing act.
Either way, I wouldn’t be surprised to see Tesla offer incentives on the new Model Y in the US within the next 2 weeks – way ahead of schedule.
FTC: We use income earning auto affiliate links.More.
The new and improved 2026 Kia EV9 and 2025 EV6 are eligible for the $7,500 federal EV tax credit, but one trim is excluded.
Do the Kia EV6 and EV9 qualify for the federal tax credit?
Kia’s first dedicated electric vehicle, the EV6, received some pretty major upgrades for its mid-cycle update this year.
The 2025 EV6 features a bigger battery providing more range (now up to 319 miles), a stylish interior and exterior redesign, and an NACS port for charging at Tesla Superchargers.
Kia’s first three-row electric SUV, the EV9, also has a native NACS charging port and will be the first model year to offer a high-performance GT trim.
Advertisement – scroll for more content
We got a good look at the EV9 GT at the LA Auto Show last year (check it out here). The sporty electric SUV boasts 501 hp, which is quite a bit more than the current GT-Line’s 379 hp. The added power is enough for the big-body SUV to move from 0 to 60 mph in just 4.3 seconds.
Although Kia America’s vice president of sales, Eric Watson, confirmed the EV6 and EV9 are now in “full-scale production” at its plant in West Point, Georgia, not all trims will qualify for the $7,500 federal tax credit.
According to CarsDirect, Kia told dealers that the 2025 EV6 and 2026 EV9 GT trims wouldn’t be eligible for the credit. A spokesperson said the exclusion is because Kia builds the EV6 GT and EV9 GT in South Korea, while all other trims are assembled in Georgia.
If Trump’s 25% tariff on South Korea is still in effect when the GT models launch in the US, it could create a significant price gap between trims.
Despite this, you will likely still be able to take advantage of the credit through leasing. Kia, like many, is passing the $7,500 on through lease cash, which can significantly cut monthly payments.
Kia will reveal more info, including prices, closer to launch. Check back soon. We’ll keep you updated with the latest.
With the new models arriving soon, Kia is offering clearance pricing on outgoing models. Monthly leases start as low as $179. You can use our links below to find deals on the Kia EV6 and EV9 near you.
FTC: We use income earning auto affiliate links.More.