Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at the Venetian Resort Las Vegas on Jan. 5, 2023.<\/p>\n
Ethan Miller | Getty Images<\/p>\n
Stellantis<\/a>‘ Ram brand is canceling plans to develop a full-size electric Ram 1500 pickup truck, citing slowing demand for electric vehicles.<\/p>\n “As demand for full-size battery electric trucks slows in North America, Stellantis is reassessing its product strategy and will discontinue development of a full-size BEV pickup,” a company spokesperson said Friday in a statement, using the industry acronym for battery electric vehicles.<\/p>\n Stellantis had already delayed<\/a> plans twice for the truck<\/a>, which was originally expected to go on sale by the end of 2024.<\/p>\n Ram said Friday it would still plan to launch an extended-range electric truck<\/a>, which is equipped with an electric generator and a gas engine. That truck is expected to come out next year.<\/p>\n The company said it would rename that extended-range truck from “Ramcharger”<\/a> to the “Ram 1500 REV.”<\/p>\n The change comes as Ram CEO Tim Kuniskis,\u00a0who unretired<\/a>\u00a0from the automaker late last year, has launched an aggressive turnaround for the embattled brand.<\/p>\n New Stellantis CEO\u00a0Antonio Filosa<\/a> has been dialing back some of former CEO Carlos Tavares’ initiatives and pledged in late July to make “the tough decisions needed to re-establish profitable growth and significantly improved results.”<\/p>\n The auto industry overall has been dealing with\u00a0slower-than-expected<\/a>\u00a0adoption of electric vehicles. The Trump administration has also been looking to unwind many of former President\u00a0Joe Biden<\/a>‘s initiatives to push the auto industry away from gas-guzzling internal combustion engines and has canceled tax credits for buying EVs.<\/p>\n Don\u2019t miss these insights from CNBC PRO<\/p>\n","protected":false},"excerpt":{"rendered":"Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos…\n","protected":false},"author":3,"featured_media":221900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[6147,9167,64,81,746,9230,522,67,132,68],"class_list":{"0":"post-221899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-autos","9":"tag-breaking-news-business","10":"tag-business","11":"tag-business-news","12":"tag-environment","13":"tag-stellantis-nv","14":"tag-transportation","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115193512149431152","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/221899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=221899"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/221899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/221900"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=221899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=221899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=221899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}