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Stellantis
' Ram brand is canceling plans to develop a full-size electric Ram 1500 pickup truck, citing slowing demand for electric vehicles.
"As demand for full-size battery electric trucks slows in North America, Stellantis is reassessing its product strategy and will discontinue development of a full-size BEV pickup," a company spokesperson said Friday in a statement, using the industry acronym for battery electric vehicles.
Stellantis had already delayed plans twice for the truck, which was originally expected to go on sale by the end of 2024.
