I looked long and hard at the economics of the Plug In Hybrids about 2 years and it simply made zero economic sense from the consumer standpoint.
Based on the prices when I was shopping for a new car 2 years ago, a plug in hybrid cost could simply not be recovered in any way shape or form. You are paying for a gas engine. You are also paying for electric motors and a mid-size battery pack. Typically the electric range for a PHEV, as they are known, is roughly 25-30 miles, they then automatically switch to gasoline power. But they cost a lot because you are buying both a gas vehicle and an electric vehicle.
Stellantis is making a wise choice by dumping the program.
Reporting by CNBC:
Based on the prices when I was shopping for a new car 2 years ago, a plug in hybrid cost could simply not be recovered in any way shape or form. You are paying for a gas engine. You are also paying for electric motors and a mid-size battery pack. Typically the electric range for a PHEV, as they are known, is roughly 25-30 miles, they then automatically switch to gasoline power. But they cost a lot because you are buying both a gas vehicle and an electric vehicle.
Stellantis is making a wise choice by dumping the program.
Reporting by CNBC:
Stellantis scraps Jeep, Chrysler plug-in hybrid vehicles amid EV slowdown, recall
The Camp Jeep outdoor terrain at the New York International Auto Shown on April 16, 2025.
Danielle DeVries | CNBC
DETROIT — Stellantis is scrapping its plug-in hybrid electric Jeep SUVs and Chrysler minivan amid slowing EV sales, quality issues and weakened federal fuel economy requirements.
The automaker on Friday said the decision to end production of the plug-in hybrid Jeep Wrangler, Jeep Grand Cherokee and Chrysler Pacifica was a result of waning customer demand and the need to focus on “more competitive electrified solutions, including hybrid and range‑extended vehicles.”
“Stellantis continually evaluates its product strategy to meet evolving customer needs and regulatory requirements. With customer demand shifting, Stellantis will phase out plug‑in hybrid (PHEV) programs in North America beginning with the 2026 model year,” the company said in an emailed statement.
The decision is an about-face for the automaker, which has touted its U.S. sales leadership of the models for years. In 2024, then-Jeep CEO Antonio Filosa — who is now CEO of Stellantis — said the SUV brand planned to sell 160,000 to 170,000 PHEVs that year, and the company said it represented 41% of U.S. PHEV sales. . . STORY CONTINUES AT LINK ABOVE ^^^
