Stellantis N.V. (STLA, Financials) mentioned that their Ram all-electric pickup car is not going to be launched till the primary half of 2025. The company defined the selection in guaranteeing product high quality inside a rigorous schedule of electrical car introductions. The inventory is down 44%.
Beforehand desiring to introduce the Ram 1500 REV within the fourth quarter of 2024, the producer mentioned it’s approaching product validation cautiously. Stellantis claims that further time will help to cut back hazards and keep excessive requirements for its merchandise. The Ramcharger, the modified type of the car, remains to be scheduled for first quarter of 2025 introduction.
The information got here with the discharge of Stellantis’s new STLA Body platform, which the agency mentioned is a versatile architectural design for SUVs, mild industrial automobiles, and full-size pickup vehicles. Battery-electric programs, range-extended EVs, and attainable future configurations together with inside combustion, hybrid, and hydrogen-powered programs are among the many powertrain decisions the platform permits.
Stellantis underlined the platform’s significance in its subsequent Jeep and Ram car vary, thereby stressing its dedication to offer many engine decisions. The agency admitted that the burden has been exacerbated by concurrent introductions of automobiles such because the Dodge Charger Daytona and Jeep Wagoneer S.
The delay exhibits Stellantis’s method to ensure robust product high quality whereas negotiating a aggressive and shortly altering EV market.
This text first appeared on GuruFocus.
