The US automaker showcased its future plans for the Jeep electric SUV. Now, the brand has revealed that it would bring the first all-electric Jeep in the first half of 2023.

Jeep's parent company Stellantis has confirmed this during the latest financial result announcement. According to Stellantis, it will launch 21 low-emission vehicles over the next two years.

The fourth-largest automaker in the world has also confirmed that it plans to invest around $35.5 billion in the electrification of its fleet of vehicles by 2025.

Jeep would be one of the major brands to receive a chunk of this huge investment. This comes in line with Jeep's strategy to electrify 70% of its total global sales by 2025.

The future Jeep electric SUVs would get autonomous off-roading capabilities, remote vehicle tracking, self-driving technology, etc among other features.

It would also get a multi-power port, biometric facial recognition to unlock the vehicle, dynamic tire pressure for off-roading adventures, peer-to-peer charging, the ability to connect with a drone.

Jeep Wrangler already comes available in a hybrid 4xe configuration in China and Europe. Among other electrified Jeep models, Compass and Renegade are available with plug-in hybrid options.

The automaker is working on a Grand Cherokee plug-in hybrid that could launch later in 2021.

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KONA Electric, Hyundai Motor Company’s globally loved full electric compact SUV, has surpassed the 100,000 global sales milestone. Cumulative sales of KONA Electric reached 103,719 units as of June 30—just over two years since its launch in March 2018. Sales outside of its home market Korea accounted for more than three quarters of the total.

KONA Electric has been widely lauded for its class-leading driving range, fast-charging capability, safety and convenience features.

In April 2020, the inaugural TopGear Electric Awards named the model the Best Small Family Car, based on its performance during a 24-hour, 1,600-km European road trip. The same year, U.S. News & World Report named it the Best Electric Vehicle. In 2019, WardsAuto included KONA Electric on its 10 best engines list. In 2018, Auto Express named it the Affordable Electric Car of the Year. The EV also played a role in the KONA nameplate winning Spanish newspaper ABC’s Best Car of the Year award. It also won the 2019 North American Utility Vehicle of the Year.

Building on KONA Electric’s successful legacy, Hyundai Motor Company is focused on making zero-emissions mobility a reality, making it a significant part of its long-term strategy. By 2025, the company aims to sell 560,000 battery electric vehicles in addition to FCEV models.

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General Motors announced Thursday that it was dumping more money into its electrification plans and would also be accelerating its production to release more electric vehicles sooner than expected.

Speaking at a conference hosted by the British bank Barclays, GM CEO Mary Barra said the company would spend $27 billion on electric and autonomous vehicles through 2025 — up from the $20 billion it announced before the COVID-19 pandemic. Also by 2025, GM will launch 30 new electric vehicles around the world, more than two-thirds of which will be available in North America. The vehicles will span GM’s entire brand portfolio, including Cadillac, Buick, GMC, and Chevrolet, and will come in a range of prices.

 

Previously, the company said it would release 20 new EVs by 2023, though most of those were expected to launch in China, where demand for electric vehicles is much higher thanks to strict emissions rules.

GM has unveiled two new EVs in the last few months: the Cadillac Lyriq SUV, expected to go into production in late 2022, and the GMC Hummer EV, slated for late 2021. But the auto giant has been criticized for bringing vehicles to market too late, while other automakers are racing to get their EVs to customers much sooner.

“Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” Barra said in a statement. “We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing, and customer experience.”

The news is meant to convince those investors on Wall Street who have been jittery about GM’s ability to catch up to Tesla, which has been the only automaker to successfully build an EV business over the last few years. Meanwhile, legacy automakers are stepping up their own EV plans, with Ford expecting to begin delivering its Mustang Mach-E SUV to customers by the end of the year and Volkswagen going into production on its electric ID 4 SUV early next year.

GM also said it was bolstering its estimates about its scalable Ultium battery architecture thanks to “engineering advances.” The automaker now says it anticipates getting 450 miles of range out of its Ultium batteries on a full charge, up from the previously estimated range of 400 miles.

The company said it was already working on the second-generation version of Ultium, which is projected to deliver “twice the energy density at less than half the cost of today’s chemistry.” GM said that this next-gen version of Ultium will cost “60 percent less” than batteries in use today. The company is prototype testing this next-generation battery technology, which is expected to be available mid-decade.
 

Source: indiatoday

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