Jeep Avenger Offers Up to $5,350 in Subsidy Benefits to Challenge South Korea’s EV Market

Photo courtesy of Stellantis
Photo courtesy of Stellantis

The Jeep Avenger, boasting a bold design, robust off-road capabilities, and electric SUV efficiency, is gearing up for fierce competition in the South Korean market. Stellantis Korea’s February-limited advance subsidy program to ease EV purchase costs has particularly piqued consumer interest.

Avenger: Compact Electric SUV with Jeep DNA

The Avenger, a subcompact SUV measuring about 13.4 feet (4.1 meters) in length, showcases impressive all-terrain performance with its 18-inch wheels and generous 7.9-inch (20 cm) ground clearance.

Its powertrain features a 400V system-based single motor (front-wheel drive) that generates 154 horsepower and 26.5kg·m (260 Nm) of torque.

Photo courtesy of Stellantis
Photo courtesy of Stellantis

The 54.0kWh battery enables DC fast charging (up to 100kW) and replenishes from 20% to 80% in just 24 minutes. It offers a range of up to 181 miles (292km) on a full charge.

The interior prioritizes functionality, featuring a dashboard with an integrated color panel and air vents, a 10.3-inch touchscreen, and a digital instrument cluster (available in 7.0 or 10.3 inches).

The center console includes a wireless charging pad and space for a 50-ounce (1.5-liter) water bottle, enhancing practicality. The 13.0 cubic-foot (368-liter) trunk caters to both urban lifestyles and outdoor adventures.

Up to $6,800 in Benefits… Subsidies Ease Price Concerns

Stellantis Korea proactively offers support equivalent to federal and state subsidies to consumers hesitant to purchase before EV incentive confirmations.

Photo courtesy of Stellantis
Photo courtesy of Stellantis

As a result, Avenger buyers can receive a minimum benefit of 5.39 million won ($3,700), with the highest subsidies reaching up to 7.79 million won ($5,350) in certain states.

Depending on trim level, the Avenger’s South Korean launch price ranges from 52.9 million to 56.4 million won ($36,000 to $39,000). However, the effective purchase price is expected to decrease significantly with these subsidy benefits, manufacturer promotions, and additional perks like dashcams and toll transponders.

As the electric vehicle market expands, industry watchers are keen to see how consumers respond to the Avenger’s blend of practicality and off-road appeal.

Leave a Reply

Your email address will not be published. Required fields are marked *

  • Latest Automotive News

    CP-2022-0212-25054333-thumb
    XPENG G6 Promises 80% Charge in 12 Minutes—And It’s Affordable
    CP-2023-0082-25055199-thumb
    Audi’s Q6 e-tron Charges Fast and Hits 0-60 in 4.4 Seconds—Yes, Really
    CP-2023-0225-24986337-thumb
    Subaru's Iconic Outback Wagon Just Got an SUV Makeover—Check It Out
    Toyota C-HR+ EV
    Toyota C-HR+ EV Targets Europe with Advanced Tech and Impressive Driving Range
    CP-2023-0225-24992996-thumb
    Hyundai’s Tucson SUV Is on Fire in Canada—Here's Why

    Tranding Now

    ST8
    Sollers’ New ST6 and ST8 Pickup Trucks Set to Launch in 2025 with Advanced Tech
    CP-2023-0065-21859249-thumb
    Mitsuoka Buddy: The Retro SUV That Turns the Toyota RAV4 Into a Classic
    z8
    BMW Z8 Surfaces at Auction: A Rare V8 Roadster with Only 7,000 Miles
    CP-2023-0328-23483227-thumb
    Hyundai Ioniq 5 N Time Spec Breaks Tsukuba Circuit Record, Cementing EV Performance Legacy
    CP-2023-0225-23453596-thumb
    Volvo’s New EX30 Cross Country Combines Urban Comfort with Off-Road Capability
    RAV4
    Redesigned Toyota RAV4: More Angular, Sleeker, and Ready for 2025
    CP-2022-0032-23917283-thumb
    Kia K5 Hybrid: 46 MPG, Premium Design, and Comfort
    CP-2023-0225-24353923-thumb
    Hyundai and Kia Continue U.S. Growth Streak with Record Sales in March
    CP-2023-0333-22043603-thumb
    Tesla Dominates U.S. EV Market as Sales Soar – Model Y and Model 3 Take Top Spots
    CP-2023-0065-21559679-thumb
    Genesis GV60 Facelift: A Sportier, More Luxurious Electric SUV for 2025

  • Recommended

    CP-2023-0225-24986337-thumb
    Subaru's Iconic Outback Wagon Just Got an SUV Makeover—Check It Out
    Subaru's Outback evolves from a wagon to an SUV, featuring a bold design, enhanced practicality, and...
    CP-2023-0225-24992996-thumb
    Hyundai’s Tucson SUV Is on Fire in Canada—Here's Why
    Hyundai's Tucson SUV sets sales records in Canada, with strong growth in hybrid models reflecting rising...
    CP-2023-0225-24983271-thumb
    Renault Moves Iconic Espace Into SUV Territory—Here’s What to Expect
    Renault's Espace transitions from MPV to crossover SUV, featuring design updates and improved interior...
    toyota-mazda-supra-collaboration
    Toyota Ditches BMW for Mazda: New GR Supra in the Works?
    Toyota is considering a partnership with Mazda for the next-gen GR Supra, possibly reviving Mazda's RX-7...
    black edition toyota
    Toyota Land Cruiser Prado Gets a New Look with Wald International’s Black Bison Edition
    Wald International reveals the Toyota Land Cruiser Prado Black Bison Edition, boasting bold design and...
    patrol
    Nissan's Patrol Is Back: A Strong Challenger to Toyota’s Land Cruiser
    Nissan aims to reclaim its position in the large SUV market with the new Patrol, challenging the Toyota...
    Honda-NSW-return
    Honda's NSX Returns: A 1,000-Horsepower Electric Rival to Lexus LFR
    Honda's new NSX is set to launch by 2027 as an all-electric supercar, featuring advanced tech, aggressive...
    jimny6x4
    Suzuki Jimny Reborn: 6×4 System Powers Up This Iconic Off-Roader
    The modified Suzuki Jimny features a 6×4 system for enhanced off-road performance, combining power with...