Stellantis and Tesla Face Challenges in U.S. EV Truck Market
Stellantis is discontinuing its Ram 1500 REV electric truck due to declining demand for full-size EV trucks in North America, a trend echoed by Tesla's removal of a long-range Cybertruck option. Despite initial hype, high costs, brand loyalty, range anxiety, and infrastructure issues have slowed EV truck sales, indicating that the market for large electric trucks is more challenging than anticipated.