2026 Range Rover Velar.
Last Updated:
As previously planned, the 2nd generation Range Rover Velar is around the corner. And it will be a new luxury EV.
After over 6 years on the market, a replacement for the Velar is almost ready, and we’ve already seen quite a few prototypes driving around the world, covered in camouflage. However, even with all that camouflage, you can see a shape that is quite similar to the illustration I posted a few months ago. Which looks like an even sleeker evolution of the current, first-generation Range Rover Velar.
The new EV will be based on the company’s all-new EMA platform. This platform has been developed for smaller models like the Velar and Evoque. And probably the next-generation Land Rover Discovery Sport.
It will be interesting to see if Range Rover will use the switch to EV as an excuse to move even further up the market. Like Porsche is doing with the Macan EV which starts at around $20,000 more than the previous ICE generation. Currently, the Velar starts at around $61,500, which isn’t crazy for a luxury SUV from an expensive brand.
I am not sure how many of these are leased. But a new Velar EV could end up costing less to lease than the previous ICE model. As EVs do these days.
While it made headlines when it came out, the Velar seems to have disappeared from most buyer’s wish lists. It sold over 17,000 units in 2018, which was its best year. But last year that number came down to under 7000.
The Velar received a modest mid-cycle “facelift” for 2023, something that obviously was not enough to put the cool-looking Range Rover back in the limelight. Let’s hope the new EV generation is impressive without moving up to over $80,000. Besides weirdos like the Mercedes EQE or BMW iX, I am sure there is a market for a really good-looking mid-sized luxury EV that is not a Porsche.
“It sold over 17,000 units in 2028” Huh??
I’m really trying to understand the Velar. Is it supposed to serve as an Evoque L? I never understood how it fits in the lineup, especially under the RR Sub-Brand. It should have been its own line (with the Evoque) but they slapped RR on it to carry it I guess? They should have 4 lines: Evoke, Discovery, Defender, and Range Rover.
For such a big car it would be nice if they offered a 3 row version