The Jeep Cherokee is back after a two-year hiatus, and it’s now a hybrid. For the 2026 model year, Jeep upgraded the SUV with an all-new hybrid powertrain providing over 500 miles of range. Meanwhile, Jeep’s electric vehicles are being put on the back burner.

The 2026 Jeep Cherokee will launch with four trims: Base, Laredo, Limited, and Overland. Pricing for the base model starts at $36,995, the Laredo at $39,995, the Limited at $42,495, and the Overland at $45,995. Limited and Laredo trims will start arriving in dealerships in late 2025, followed by the base and Laredo trims in early 2026.

Jeep introduces its first-ever hybrid Cherokee, a milestone for parent company Stellantis. CEO Bob Broderdorf joins "CBS Mornings Plus" to discuss the launch, pricing, and how tariffs are pressuring the auto industry.