We have exciting news for truck lovers, especially those who are environmentally conscious or looking to save money on fuel and maintenance.
An electric pickup truck will soon be joining the Fiat Chrysler lineup.
Production of the new RAM truck will be in line behind other electric vehicles that Chrysler has in the works, so it may be another couple of years before we see it, but it’ll be worth the wait!
Fiat Chrysler makes an announcement about electric pickup truck
The announcement was made by Fiat Chrysler Automobiles (FCA) CEO Mike Manley during a third-quarter earnings call.
When asked by an analyst about FCA’s plans for electric vehicles, the CEO answered:
“I do see that there will be an electrified RAM pickup in the marketplace, and I would ask you just to stay tuned for a little while, and we’ll tell you exactly when that will be.”
Some were shocked by the announcement since the CEO didn’t specifically mention plans to head in that direction on the previous quarter’s call.
“Obviously, pickup trucks is a key franchise for us, and we’re not going to sit on the sideline if there is a danger that our position gets diluted going forward,” Manley said during the previous quarter’s call.
FCA is joining the likes of several other automakers who are planning on bringing electric pickup trucks to the market, including Tesla, Rivian, Ford GMC and Lordstown.
What we know so far about the RAM electric pickup truck
The truck is currently being referred to as the RAM EV and is to be modeled after the 1500 pickup.
If it’s anything like their new 1500 TRX, with its 702-horse powered, Hellcat-supercharged V-8 engine, we’re definitely excited to see what they come up with.
No timeline was given by FCA, but most other brands have suggested their electric pickup trucks will arrive in the next 24 months.
Not many more details were given, but the price was said to be around $70,000.
Outlook for the electric pickup truck market
FCA has a few other plans for electric vehicles up its sleeve. These include a Jeep Wrangler plug-in-hybrid, as well as electric models of their MC20 supercar and sports cars Maserati GranTurismo and GranCabrio.
Adding an electric pickup to their plans makes sense as the next step for FCA, according to auto industry expert Rebecca Lindland.
She commented on her site: that “…we could start to see pull-demand from millennial buyers as EV models penetrate into larger segments like pickup trucks and crossovers, so an electrified RAM pickup makes a lot of sense.”