Ram cancels plans for all-electric pickup truck

Stellantis‘ Ram model is canceling plans to develop a full-size electrical Ram 1500 pickup truck, citing slowing demand for electrical automobiles.

“As demand for full-size battery electrical vans slows in North America, Stellantis is reassessing its product technique and can discontinue growth of a full-size BEV pickup,” an organization spokesperson mentioned Friday in a press release, utilizing the business acronym for battery electrical automobiles.

Stellantis had already delayed plans twice for the truck, which was initially anticipated to go on sale by the top of 2024.

Ram mentioned Friday it might nonetheless plan to launch an extended-range electrical truck, which is provided with an electrical generator and a gasoline engine. That truck is anticipated to come back out subsequent yr.

The corporate mentioned it might rename that extended-range truck from “Ramcharger” to the “Ram 1500 REV.”

The change comes as Ram CEO Tim Kuniskis, who unretired from the automaker late final yr, has launched an aggressive turnaround for the embattled model.

New Stellantis CEO Antonio Filosa has been dialing again a few of former CEO Carlos Tavares’ initiatives and pledged in late July to make “the powerful selections wanted to re-establish worthwhile progress and considerably improved outcomes.”

The auto business general has been coping with slower-than-expected adoption of electrical automobiles. The Trump administration has additionally been seeking to unwind a lot of former President Joe Biden‘s initiatives to push the auto business away from gas-guzzling inside combustion engines and has canceled tax credit for getting EVs.