Jeep® Avenger Wins “Small BEV” 2023 Residual Value Award

Drawing On Autovista Group Data From Up To 17 Different European Countries...

Robert S. Miller June 30, 2023

The all-new, all-electric Jeep® Avenger (JJ) has been honored with the prestigious Autovista Group Residual Value Award for Small Battery Electric Vehicles (BEVs). The Avenger stood out among 26 contenders in the Small BEV category, impressing judges with its performance, range, and quality. This recognition reinforces the Jeep brand’s commitment to the mass-market adoption of electric vehicles, particularly in Europe.

The judges declared the recently-launched Jeep Avenger as the top performer in the Small BEV category. This compact SUV, measuring approximately 161.4 inches in length, offers a WLTP-combined range of 245 miles, making it one of the leaders in its segment. Its high residual value was attributed to exceptional quality and unique positioning within the B-segment, according to Eric Laforge, Head of the Jeep Brand in Enlarged Europe.

The Jeep Avenger boasts a WLTP range of up to 249 miles (400 km), which increases to 342 miles (550 km) during city driving. With fast-charging capabilities, the battery can be charged from 20% to 80% in just 24 minutes. Even a quick three-minute charge provides 19 miles of range, making it convenient for those on the go.

Recognizing the diverse needs and expectations of the European market, Jeep designed and developed the Avenger specifically for this region. Its production began at Stellantis’ Tychy plant in Poland, ensuring a regional approach that caters to the unique preferences of European customers.

Autovista Group experts conducted an in-depth analysis of used-car market data from February to April 2023 to identify the European residual value champions. The experts focused on mainstream models, excluding those with extreme horsepower and price points. The Jeep Avenger emerged as the winner with a remarkable indexed residual value performance in France, Hungary, Austria, and Belgium.

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bill burke Jun 30, 2023 #1

Congratulations Jeep. Actually Stellantis should be pleased as its formula for platform sharing and integrating electrification seems to have been accepted generally, and this award predicts success for that formula. One must keep in mind that the European market is considerably different than the North American market and the decision to keep the Avenger in its limited market makes sense, for now. I have stated often that I believe an “all electric” product portfolio for most brands is a death toll for most, some electric has merit. Reality is dawning on the global auto industry that infrastructure and generation limitations as well as consumer reluctance to electric vehicle acceptance is a reality that can not be overcome with talking points and market messaging or ignoring that reality. Can the Avenger or a hybrid Jeep Grand Cherokee work, certainly and good for them, but to go all in on electric for most brands and all their models, that idea is doomed for decades for certain.
Like a majority of North American buyers I have no problem with electric models in my preferred brand, but clearly I want a gas powered model for my needs and desires, or I’ll go elsewhere. Those brands, (note Alfa Romeo, Maserati, Chrysler, Dodge and others) , that follow that thinking will prosper. Those that go all in on electric are on a path to catastrophe.
That my friends is reality plain and simple and no shinny award will change that reality. Really.

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