Fiat Chrysler Cars CEO Mike Manley confirmed Wednesday the automaker’s Ram model will deliver an electrical pickup truck to market.
The remarks, made in response to an analyst query throughout the firm third-quarter earnings name, places to relaxation rampant hypothesis, which was fueled by earlier feedback from Manley, that the automaker was planning to hitch what guarantees to turn out to be a crowded new class. The Detroit Free-Press was the first to report the comments.
“I do see that there might be an electrified Ram pickup within the market, and I’d ask you simply to remain tuned for a short while and we’ll inform you precisely when that might be,” Manley stated with out offering further particulars.
Fiat Chrysler reported Wednesday adjusted earnings of two.28 billion euros ($2.7 billion) on 25.eight billion euros of income within the third quarter, pushed by sturdy gross sales in North America and placing the corporate again within the black after struggles earlier this yr as a result of COVID-19 pandemic.
Electrical pickup vans aren’t obtainable to customers right now. That can change within the subsequent 18 months as quite a lot of startups and legacy automakers corresponding to GM and Ford start to provide and ship electrical vans to customers. Rivian, the electrical automaker backed by Amazon, BlackRock, Cox Automotive, T. Rowe Value Associates Inc., is aiming to turn out to be the primary to deliver an EV pickup truck to market. The corporate began in July to run a pilot manufacturing line at its manufacturing facility in Regular, Illinois, in preparation to deliver its pickup truck and SUV to market in summer season 2021. Rivian has stated deliveries of its R1T electrical pickup truck will begin in June 2021. Deliveries of the R1S electrical SUV will begin in August 2021.
In the meantime, legacy automaker Ford goes to provide an electrical model of its top-selling F-150 at a brand new $700 million plant on the Rouge advanced. Startup Lordstown Motors, which went public via its merger with special-purpose acquisition firm DiamondPeak Holdings Corp., revealed a pickup truck prototype in June.
Electrical pickups from GM and Tesla received’t arrive till 2022. GM revealed in October an electrical GMC Hummer pickup truck that might be obtainable for pre-ordering in 2021. The GMC Hummer pickup might be obtainable for supply in 2022. The futuristic-looking electrical Tesla Cybertruck, which was unveiled in November on the Tesla Design Heart in Hawthorne, California, isn’t anticipated to enter manufacturing till late 2022.
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