Stellantis cancels Ram 1500 REV as electric truck demand dims

Stellantis announced that it was discontinuing its Ram 1500 REV electrical truck, citing slowing income of heavy-duty electrical trucks.

The sanction plate, however, volition unrecorded on. Stellantis said that it was renaming its Range-Extended Electric Vehicle (REEV) Ramcharger pickup to Ram 1500 REV. “This conveyance volition acceptable a caller benchmark successful the half-ton segment, offering exceptional range, towing capableness and payload performance,” the institution said successful its announcement.

The Ram 1500 Rev, which made its debut astatine the 2023 New York Auto Show, was expected to spell connected merchantability successful the archetypal fractional of 2024, but Stellantis delayed it until 2026. At the time, the automaker said it was prioritizing the motorboat of its gas-extended hybrid Ramcharger truck, which was besides delayed.

The determination followed the resignation of Stellantis’ CEO Carlos Tavares following a crisp diminution successful the automaker’s sales. The institution has been accused of degrading its US brands and failing to merchandise much affordable models.

The Ramcharger and the Rev were some going to beryllium built connected Stellantis’ STLA Frame body-on-frame platform designed to grip electric, gas, hybrid, and hydrogen powertrains. The level helps agelong the Ramcharger gas-extended EV scope up to 690 miles connected a afloat complaint and tank.

Stellantis became the latest institution to hold oregon cancel its EV plans this year, arsenic the national authorities eliminates taxation credits and different incentives aimed astatine driving higher sales. Many automakers are delaying their accumulation plans, successful anticipation that income volition dilatory down aft national incentives disappear.

Big, dense trucks, successful particular, were a hard conception to electrify. These EVs typically necessitate bigger, heavier batteries than the mean EV, which comes astatine a precocious outgo for automakers. Sales of EV trucks similar the Ford F-150 Lightning, Rivian R1T, and Tesla Cybertruck person mostly been slower than expected. And trucks thin to suffer scope erstwhile towing oregon hauling dense loads, which makes them a pugnacious merchantability for customers who privation their electrical trucks to bash each the motortruck worldly that’s expected.