While there are rumors of the Belvidere plant being switched to making BEVs and the Cherokee switching formats in late 2023, the first electric Jeep will be this Renegade-sized-and-styled mini-crossover.
Since the Renegade and Compass are Jeep’s big sellers in Europe, and Europe is moving all-electric long before the United States, doing a vehicle a bit smaller than the Renegade first makes sense—even though the Renegade itself was just facelifted.
In the comments, Morgan De Culius pointed out that this A-segment Jeep will be made in Tychy, Poland, with similar Alfa Romeo and Fiat models (the Renegade and 500X are also very similar and made together); for the moment, they are only for European sale. He wrote that the dimensions are similar to the current Renegade, while a revised Renegade will be larger. (What happens to the Compass is an open question).