Stellantis, the automotive group that owns several companies, including Dodge, Chrysler, Jeep, and Ram, will invest roughly $176 million (160 million Euros) to launch an all-new, all-electric premium SUV in 2025, according to Reuters.
The upcoming EV will be based on the group’s STLA Medium platform, which is designed for premium vehicles that are between 165.4-196.9 inches (4,200-5,000 millimeters) long and can accommodate battery packs between 87-105 kilowatt-hours for a driving range of up to 440 miles (700 kilometers).
