Everyone is going electric, including Jeep and Ford. While the Jeep Wrangler 4xe is the only Jeep Hybrid we have at the moment, more electric models are on the way. It’s a little shocking that Jeep didn’t make it on this list of the best EV stocks to buy before the boom.
Jeep didn’t make this best EV list
InvestorPlace released a list of the seven best EV stocks to buy ahead of the incoming electric pickup truck boom. We know Jeep doesn’t technically have an electric pickup truck yet, but it might be on the way.
Stellantis CEO Christian Meunier announced that Jeep will have a fully electric vehicle in every SUV segment by 2025. He said SUV and not truck, but with the Jeep Gladiator being such a popular option, we don’t think it will be left out of the fun.
The 2021 Jeep Wrangler 4xe is only the tip of the iceberg. Soon we will see the Jeep Cherokee 4xe and possibly the Jeep Magneto. The Magneto could be the first fully electric Wrangler, and it will certainly pave a new path forward.
But we’ve also seen teasers for the Jeep Gladiator 4xe. This means that the Gladiator 4xe could be the hybrid Jeep truck model that people can enjoy before the totally electric Jeep truck emerges.
Are Jeep hybrids popular?
Fans are loving what Jeep is bringing to the table. The 2021 Jeep Wrangler 4xe PHEV is reportedly the top-selling PHEV in the United States. This means that it’s selling more models than the Ford Escape PHEV, Toyota Rav4 Prime, and other rivals.
It’s impressive for the Wrangler 4xe to be selling at such a high volume when it only made its debut a few months ago. This could mean that a fully electric Jeep truck would take off just as quickly.
Also, there is a ton of promise outside of the American market. Europe has the Jeep Compass and Jeep renegade 4xe, and these little hybrid SUVs are doing incredibly well. In April, they were the top-selling plug-in hybrid electric vehicles in Italy.
The Jeep Compass 4xe sold 817 units, while the Renegade 4xe sold 576 units. While these numbers sound small, it’s a massive success as Italy has been reducing Covid restrictions and travel.
Europe has a stronger push for electrification than America, so if Jeep can conquer both markets, investing in their EV models will provide a massive payoff. We also hope to see the Compass and Renegade 4xe in the U.S.
What to expect with the Gladiator 4xe
The upcoming Jeep Gladiator 4xe will have blue accents and tow hooks to match the 2021 Jeep Wrangler 4xe. They could share the same powertrain as well. The Wrangler 4xe features a 2.0-liter turbocharged four-cylinder engine with two electric motors that generate 375 hp and 470 lb-ft of torque.
It’s unclear if the Gladiator will have more power for towing, but it may have the same 25-mile electric range. Also, the Wrangler 4xe gets an EPA-estimated 49 MPGe, so it provides tons of savings at the fuel pump.
While we aren’t sure exactly what’s on the way, we do know that more electric Jeep models are coming ahead of the storm. Jeep should definitely have a spot on the top EV stocks to invest in before the boom.