Jeep expects to grow plug-in hybrid SUV sales by as much as 50%

Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as it leans into the technology as a bridge between its traditional gas-guzzling SUVs and all-electric vehicles amid a slower-than-expected sales pace of EVs.

The target comes as Jeep launches its first all-electric SUVs in the U.S., beginning with the Wagoneer S EV.