Don't worry it's just a concept. The way Chrysler is going, if they keep rollling out the duds like the Pacifica, Crossfire, and Durango, they will have to sell off Jeep.
Electric 4X4's do make sense though. Electric motors have 100% of the torque as soon as they start moving. Center of gravity and ground clearance are way better.
I know my old Land Rover couldn't go where this electric one can.
These pics are taken from a stand still.
I think in a few years a hybrid gas electric 4X4 with the motors in the hubs will be the one heck of a rock crawler.