Jeep says its new electric Wrangler SUV concept goes 0-60 in 2 seconds

Jeep says its new electric Wrangler SUV concept goes 0-60 in 2 seconds


Electric Jeep Wrangler Magneto 2.0 concept vehicle

Jeep

DETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions EVs.

The Jeep Wrangler Magneto 2.0 concept vehicle comes a year after the Stellantis brand unveiled the first version of the all-electric SUV. Concept vehicles are custom products typically built by automakers to gauge customer interest or showcase the future direction of a vehicle or brand.

The concept SUV is based on Jeep’s traditional Wrangler Rubicon SUV, but the Magneto 2.0 offers a significant increase in performance, including achieving 0-60 mph in two seconds, according to the automaker. That’s faster than the Wrangler Magneto 1.0, at 6.8 seconds, and in line with Tesla’s ultra-performance Plaid models.

Jeep said the Magneto 2.0 is capable of up to 850 foot-pounds of torque to the wheels and 625 horsepower. Jeep did not release the electric range of the vehicle.

Electric Jeep Wrangler Magneto 2.0 concept vehicle

Jeep

The most unique aspect to the Magneto is its six-speed manual transmissions, which electric vehicles don’t require. Jeep officials have said the e-transmission has the best characteristics of an automatic transmission with the direct-drive feel of a manual transmission — a key attraction for off-road enthusiasts.

Jeep debuted the Wrangler Magneto 2.0 online Friday ahead of the Jeep Easter Safari, an annual off-road event for the brand in Moab, Utah. Jeep regularly uses the event as a testing ground for the capabilities of its vehicles as well as a measure to gauge customer interest in new products.

Because the Magneto is a concept, it is not for sale to consumers. However, Jeep is expected to produce an all-electric Wrangler at some point in the coming years.

Jeep is a key part of growth and electrification plans for Stellantis, the company formed last year through the merger of Fiat Chrysler and French automaker Groupe PSA. Stellantis is investing at least $35.5 billion in electric vehicles and supporting technologies through 2025.

Jeep CEO Christian Meunier has said every new Jeep will offer some form of electrification in the next few years. Those plans are expected to include all-electric vehicles as well as hybrid and so-called PHEVs that combine electrification with internal combustion engines such as the Grand Cherokee and Wrangler 4xe models that are currently on sale.

The Magneto 2.0 was released alongside four other custom or concept Jeep vehicles for the Moab off-roading event. Other vehicles included an off-road Grand Cherokee Trailhawk PHEV concept and other modified Jeep Wrangler and Gladiator vehicles.

Jeep Grand Cherokee Trailhawk PHEV Concept

Jeep



Source

Forgotten no more: Generation X is driving beauty sales
Business

Forgotten no more: Generation X is driving beauty sales

Ryan Mckeever | E+ | Getty Images Move over, Sephora kids. While younger generations have been buying beauty products in droves, data shows that a different generation holds more spending power: Generation X. Often dubbed the “forgotten generation,” Gen X spans those born between 1965 and 1980, according to Pew Research Center. Sandwiched between baby […]

Read More
FDA fast-tracks psychedelic drug research following Trump executive order
Business

FDA fast-tracks psychedelic drug research following Trump executive order

FILE PHOTO: Psilocybin or “magic mushrooms” are seen in an undated photo provided by the U.S. Drug Enforcement Agency (DEA) in Washington, U.S. May 7, 2019. DEA | Reuters The U.S. Food and Drug Administration on Friday announced a series of measures aimed at accelerating the development of psychedelic treatments for serious mental illness. That […]

Read More
New York’s pied-a-terre tax sets up legal fight over values
Business

New York’s pied-a-terre tax sets up legal fight over values

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. New York’s proposed tax on second homes worth more than $5 million is likely to spark costly legal battles over how to value […]

Read More