Ram's first electric truck has been delayed
Stellantis Unveils New Vehicle System While Delaying Electric Truck Production #
Stellantis announced a new vehicle system designed to accommodate gasoline, hybrid, and electric models. The unveiling of the STLA Frame platform marks a significant step forward, enabling the production of full-size trucks and SUVs. This platform functions like a versatile skateboard, capable of supporting various vehicle types with necessary electrical and mechanical components.
Production of electric Ram pickups, however, has been postponed to the first half of 2025. The delay aims to ensure product quality amidst a significant workload, highlighting the challenges faced by automakers during the electric-vehicle transition.
Amidst this evolving landscape, Detroit automakers have faced the dilemma of focusing on EV platforms or retaining compatibility with hybrid and gasoline-powered vehicles. Ford has steered towards hybrid models, while General Motors prioritizes battery-powered vehicles, with plans to introduce plug-in hybrids by 2027.
For now, Stellantis primarily offers plug-in hybrids in the U.S., yet ambitious plans include achieving 100% battery electric sales in Europe and 50% electric passenger and light-duty truck sales in the U.S. by 2030.
The industry faces uncertainty with looming changes to U.S. electric vehicle incentives. There are plans to eliminate the $7,500 consumer tax credit for EV purchases. Many Stellantis plug-in hybrids, such as the Jeep Grand Cherokee, qualify for a partial credit.
Facing declining sales in North America, a market traditionally known for its strong-performing Jeep and Ram vehicles, Stellantis undertook management restructuring to address high inventory levels and a declining stock price. With Stellantis shares dropping about 40% this year, these adjustments come at a pivotal time.
Ram and Jeep vehicles are the first to benefit from the newly developed Frame version, which offers up to a 500-mile range for electric vehicles and a 14,000-pound towing capacity. The platform also supports hydrogen and extended-range electric vehicles, thereby reinforcing Stellantis’ future-proofing efforts in the rapidly evolving automotive market.