Ram Cancels Electric Pickup Plans Amid Slowing Demand

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Source: CNBC
Ram Cancels Electric Pickup Plans Amid Slowing Demand
Photo: CNBC
TL;DR Summary

Stellantis' Ram brand is canceling plans for a full-size electric Ram 1500 pickup truck due to declining demand for EVs in North America, but will still launch an extended-range electric truck called the Ram 1500 REV next year, as part of a broader strategic shift under new leadership.

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