Jeep, Dodge, Chrysler, and Fiat vehicles will remain eligible for the credit after the deadline expires. Stellantis confirmed it will replicate the offer for EV and PHEV models.
Stellantis extends credit for Jeep EV and PHEV models
Stellantis is looking for a comeback in the US. The company sold 324,825 vehicles under the Jeep, Ram, Chrysler, and Fiat brands in the US in the third quarter, notching its highest monthly market share in 15 months.
Although it currently offers only a few all-electric vehicles, including the Jeep Wagoneer S and Dodge Charger Daytona EV, Stellantis also provides a range of plug-in hybrids (PHEVs).
Through July, the Jeep Wrangler 4xe remained the best-selling PHEV in the US. Stellantis doesn’t provide a breakdown of Wrangler sales by model, but total sales rose 18% in the third quarter to nearly 45,000 units.
Through September, Stellantis has sold over 128,000 Wranglers. Jeep also offers the Grand Cherokee 4xe, another PHEV. The Wagoneer S, Jeep’s first all-electric SUV, racked up 4,163 in sales in the third quarter, bringing its yearly total to 10,426.
To compensate for the loss of the federal tax credit, Stellantis will honor it for EVs and PHEVs. The offer is good on the lease or purchase of a new EV or PHEV, but there’s a catch.
The deal is only for vehicles currently in the dealer’s inventory, meaning it could run out at any point, if it hasn’t already.
Jeep isn’t the only brand, Stellantis is extending the credit to all PHEV and EV models. Dodge offers the electric Charger Daytona BEV and Hornet R/T PHEV. Chrysler only sells one vehicle, the Pacifica minivan, but it is available with a plug-in hybrid powertrain. And don’t forget the Alfa Romeo Tonale, the luxury brand’s first PHEV.
All will still be eligible for the credit while inventory lasts. Stellantis follows other automakers, including Ford, GM, and Hyundai, which will continue to offer the EV tax credit beyond the deadline.
Interested in checking one out for yourself? You can use our links below to see what’s available in your area.
FTC: We use income earning auto affiliate links. More.
