Stellantis sees Q1 2024 drop in revenue, but EV sales were up
Stellantis Q1 2024 revenue fell 12%, but global EV sales were up, and it’s optimistic about growth and profitability in H2 2024.
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Stellantis Q1 2024 revenue fell 12%, but global EV sales were up, and it’s optimistic about growth and profitability in H2 2024.
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Stellantis, the owner of Jeep, Ram, Dodge, Chrysler, and others, appointed Carlos Zarlenga to lead North American operations. Zarlenga, a former GM executive, is tasked with launching eight EVs as the brand begins its electric offensive in the US.
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Ram unveiled its first electric vehicle for the US on Tuesday – the Ram ProMaster electric van. The new Ram ProMaster EV offers up to 162 miles of city driving range and an array of new features.
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Well, it’s like 2015 all over again, but this time it involves Ram pickup trucks. And a lot of them. Engine maker Cummins is recalling 600,000 Ram trucks as part of a huge $2 billion settlement with both federal and California authorities for using illegal software to cheat results of diesel emissions tests.
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It looks like Ram has taken a page from Toyota’s playbook on how to spin a hybrid into a “class-shattering battery electric vehicle” that gets “unlimited range”: just make stuff up. Ram, owned by Stellantis, insists that we not call its new Ramcharger 1500 pickup a hybrid when it in fact houses a 27-gallon gas tank between the battery and the rear axle. So yeah, it’s clearly a hybrid.
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Stellantis, the parent company behind Jeep, Dodge, Ram, Fiat, Chrysler, and others, is set to release several new all-electric vehicles next year to kick off its EV campaign. Here’s a look at the first EVs due out next year.
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Ram Trucks is preparing to launch its first electric pickup, the 2025 Ram 1500 REV, with a massive battery providing up to 500 miles range. After Ram owner Stellantis said it plans to build the electric truck in the US, new reports suggest Illinois, home of the recently idled Jeep assembly factory, is pushing to bring production back to the facility and join the future of the industry.
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Ram finally revealed the details of its long-awaited first electric truck, the Ram 1500 REV. The electric truck will rival the Ford F-150 Lightning and upcoming Chevy Silverado EV with impressive targeted range, towing, and other features.
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After officially unveiling its first electric truck earlier this year, the Ram 1500 REV, Ram Trucks is working on its second mid-size EV pickup. The automaker showed the concept off to dealers this week, and reports suggest it resembles the Ram Revolution concept.
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After releasing an unexpectedly strong earnings report Wednesday on the heels of climbing EV momentum, Stellantis says it’s ready to do the same in North America, starting with the Ram and Jeep brands.
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Ram Trucks has officially closed reservations for its first electric truck, the Ram 1500 REV, after opening them on Super Bowl Sunday.
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Ram Trucks just revealed its first electric truck, the Ram 1500 REV, but the auto manufacturer is already working on a midsize EV pickup it will unveil to dealers next month.
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Ram Trucks revealed its first electric pickup, the Ram 1500 REV, in production form for the first time in a bizarre Super Bowl ad. Check out the first images of it below.
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When you think of charging your electric vehicle, you don’t typically imagine robots involved. But in its quest to make the charging experience for its its new Ram Revolution electric pickup as seamless as possible, Ram Trucks has introduced a robot that can autonomously charge your EV.
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Ram Trucks finally revealed the electric truck we’ve all been waiting for. The Ram Revolution concept “sets a bold new standard for the future of electric trucks” that comes loaded with new tech and features.
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Ram’s electric truck is set to debut in less than a week, and up until recently, it wasn’t exactly clear what it would be called. A new trademark filed with the United States Patent and Trademark Office indicates it could go by the name Ram 1500 REV.
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What does the future of Ram Trucks look like? We will find out in less than a month when Ram unveils its highly anticipated electric truck. But in the meantime, the automaker is giving us a glimpse into the “fierce, slick, heroic” design that will shape the future of the company.
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Ram Trucks is quickly falling behind as automakers like Ford and Rivian are already scaling production of their highly anticipated electric pickup trucks. Despite this, Ram Trucks CEO believes the company’s electric pickup has what it takes to overthrow the competition.
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Built up on the hype of its new European brand alliances, a few EV reveals, and the promise of profitability that always comes with economies of scale, shares in Stellantis (STLA) rose more than 60 percent in 2021, out-performing shares of Tesla stock (TSLA), which were up 27 percent over the same period. For that growth to continue in 2022, Stellantis has to deliver on product. Here’s how each brand can get it right.
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