**Jeep Renegade to be Reinvented as £20k EV Crossover by 2027**
Jeep is set to launch a new all-electric version of its popular Renegade small SUV globally by 2027, with an enticing starting price of less than £20,000. This move comes as part of Jeep’s strategy to utilize lithium-iron-phosphate (LFP) battery technology in order to reduce costs.
**Affordable Electric Option**
The upcoming Renegade EV will be a budget-friendly alternative to the current Jeep Avenger Electric, which is priced at £34,999 in the UK. By opting for LFP batteries instead of the pricier nickel-manganese-cobalt (NMC) chemistry, Jeep aims to make the new Renegade more accessible to consumers.
**Smart Car Platform**
It is speculated that the new Renegade will be built on Stellantis’s Smart Car platform, which is known for its cost-effective LFP battery technology. This platform is already used in models like the Citroën ë-C3 and Fiat Grande Panda, offering a more affordable alternative for electric vehicles.
**Global Expansion**
Jeep’s ambitious plans include launching six new EVs globally by 2027, including flagship models like the Wagoneer S and Recon off-roader. The brand is also working on a new Compass compact SUV and a range-extender (REx) vehicle to cater to a wider market.
**Increased Production**
As part of its global push, Jeep aims to increase sales from 1 million in 2023 to 1.5 million by 2027. Production in low-cost countries will also be ramped up, with European production expected to reach 170,000 units per year by 2027.
**Conclusion**
The reinvention of the Jeep Renegade as an affordable EV crossover marks a significant step towards a more sustainable and cost-effective future for the brand. With innovative technology and strategic planning, Jeep is poised to make a lasting impact in the electric vehicle market.