"Stellantis had initially announced plans for a heavy-duty electric pickup truck, with a release set for 2027, but has since canceled these plans, causing legal disputes between suppliers."
"The cancellation of the heavy-duty electric truck project by Stellantis places financial strain on suppliers Valeo and American Axle, both reportedly engaged in legal battles over lost investment."
Ram has canceled plans for an electric heavy-duty pickup truck that was set to debut in 2027. This unexpected decision has ignited a legal battle between suppliers Valeo and American Axle, who are struggling to cover $25 million in lost investments. The cancellation is part of a broader trend where automakers, like General Motors, are reevaluating their electric vehicle strategies. Ram is instead focusing on its upcoming electric 1500 REV and a new extended range model to accelerate entry into the electric pickup market.
Read at InsideEVs
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