Jeep Grand Wagoneer EV won’t come cheap, says CEO [Update]

Update: ‘Jeep Grand Wagoneer EV release date’ section updated.

At the Stellantis EV Day 2021 on July 8, 2021, the company confirmed for the first time that the Jeep Grand Wagoneer Electric is on the product roadmap. TopElectricSUV.com has learned exclusive details about the future Jeep Grand Wagoneer model, laid out later in the story.

Electric variant was confirmed last year

The development of a Grand Wagoneer EV has commenced, and Jeep CEO Christian Meunier ‘teased’ the electric SUV at the Stellantis EV Day. He said:

Wagoneer, as the premium extension of the Jeep brand, will expand to offer zero-emission vehicles in the most profitable premium SUV segment.

Christian Meunier, CEO, Jeep (Stellantis EV Day 2021, in July 2021)

Design

Electric Jeep Grand Wagoneer rendering
As previewed in our rendering, the Electric Jeep Grand Wagoneer might not look noticeably different from its donor.

The Jeep Grand Wagoneer EV may not have its own look. Given that Grand Wagoneer customers prefer the elegant and a comparatively old-school styling, the design team led by Mark Allen may not apply the EV ‘starter kit’ like a smooth nose cone, blue highlights, and closed (aero-optimized) wheels. Even if the upper grille is shut, it should feature the familiar cut-outs to preserve the signature seven-slot effect. Expect the charging port to reside on the left front fender, which would allow convenient nose-in parking when plugged in.

Jeep Grand Wagoneer EV price

At the Jeep APAC roundtable on July 13, 2021, TopElectricSUV asked Christian Meunier whether the Wagoneer EV would become the most expensive Jeep and how the price would be justified. Meunier referred to the product as the Grand Wagoneer EV in his response, and the luxury variant of the new Wagoneer family would see complete electrification in the first phase.

“The Grand Wagoneer is obviously not a very affordable product, it’s a very premium product, very top-of-the-art, state-of-the-art, and the BEV, the electrified version..the BEV version is probably not gonna be an affordable product,” Meunier said. He justified the premium pricing of the Grand Wagoneer EV citing the driver’s experience that awaits in this vehicle:

That thing (Jeep Grand Wagoneer EV) drives in complete silence, at a very very strong acceleration. This is magic. This is something that nobody has ever seen before!

Christian Meunier, CEO, Jeep, replying to TopElectricSUV on July 13, 2021

The Jeep Wagoneer and Jeep Grand Wagoneer are among the most expensive models in the current Jeep range. The former costs USD 58,995 in the base configuration, and the latter retails at USD 88,640 onwards (USD 12,345 more expensive than the base Cadillac Escalade which costs USD 76,295). The company will likely keep the base Grand Wagoneer EV price a five-digit figure, in the USD 98,000-99,000 range.

Jeep Grand Wagoneer EV front teaser enhanced
The battery of the Electric Grand Wagoneer should be no less than 100 kWh to leave the full-size luxury SUV with a range of 250-300 miles. Image: Stellantis

Jeep Grand Wagoneer EV release date

Meunier hinted that the Grand Wagoneer EV would debut around the time when the Wagoneer family is due for a facelift, which is expected in mid-2024. Jeep has released a teaser (above), and we have enhanced it to show more of its exclusive styling at the front.

Think about what you’ve seen, the Grand Wagoneer, you evolve it in a few years and you put big battery packs.

Christian Meunier, CEO, Jeep
Stellantis U.S. EV roadmap
The Jeep Grand Wagoneer EV will likely be the first of the all-electric Jeep Lifestyle Family SUVs to arrive in the U.S. in 2024. Image Source: Stellantis

Revealing Stellantis’ ‘Dare Forward 2030’ long-term strategic plan on March 1, 2022, CEO Carlos Tavares shared the EV product roadmap for the United States. The slide revealed two Jeep EV launches in the U.S. by 2025, and the Lifestyle Family SUV could be the Grand Wagoneer EV. Here is what Tavares said while the above presentation slide played in the background:

For Jeep, we’ll have two products coming: an off-road jeep UV and a lifestyle family SUV, both in 2024.

Carlos Tavares, CEO, Stellantis (Stellantis long-term strategic plan on March 1, 2022)

Stellantis plans to launch more than 25 EVs in the U.S. by 2030, and the Grand Wagoneer EV is among the models. Jeep has announced that it would have one pure-electric offering in every SUV segment by 2025. The first electric Jeep (Jeep Junior), a B-Segment model, will reach European dealers in 2023 marking a new era for the American company.

Stellantis-LG Energy tie-up

In October 2021, Stellantis and LG Energy Solutions announced plans to create a joint venture company that establishes a new lithium-ion battery plant in North America. The duo hasn’t fixed the location, but they plan to do so soon, as the targeted groundbreaking timeline is Q2 2021 (April-June 2021). Production will begin in Q1 2024 (January-March 2024), and the targeted annual output is 40-gigawatt hours. This plant should supply to all Stellantis EVs made in America.

Jeep Grand Wagoneer sales

In Q4 2021, Jeep sold 7,892 units of the Wagoneer twins in the U.S., with 5,307 units coming from the Wagoneer and 2,585 units from the Grand Wagoneer. This was the first full quarter of sales for the all-new Wagoneer family. The Grand Wagoneer ended 2021 with 2,675 units sold, while the less expensive Wagoneer recorded nearly double that figure for the year – 5,349 units.

Electric Jeep Grand Wagoneer FAQs

What is the Jeep Grand Wagoneer EV release date?

The Electric Grand Wagoneer could arrive in the U.S. in mid-2024.

Which models will be the Jeep Grand Wagoneer EV rivals?

The Grand Wagoneer EV will rival the Cadillac Escalade EV, Range Rover EV, and the Mercedes EQS SUV.

What will be the Grand Wagoneer EV price?

The Jeep Grand Wagoneer EV’s prices could start at just below USD 100,000.

Featured Image Source: Stellantis