The post Ram cancels plans of developing EV pickup trucks appeared on BitcoinEthereumNews.com. The Ram automaker has officially canceled the production of the electric Ram 1500 pickup truck due to slow consumer demand in North America. Production of the full-size EV pickup had been delayed since its launch at the Consumer Electronics Show (CES) 2023. The EV pickup was designed with a broad-shouldered build, extended cabin space, including the optional third-row jump seats, and two large battery packs offering 350-500 miles of range. The production set-off had been postponed several times beginning in 2024, 2025, and 2026.  Ram shifts focus to extended range EV pickups  A Stellantis company spokesperson revealed that due to a slowing demand for full-size battery electric pickups in North America, the automaker is reassessing its product strategy and will discontinue the development of full-size BEV pickups. The spokesperson added that the firm would instead focus on a range-extended pickup model, previously known as Ramcharger, which has now been renamed Ram 1500 REV.  The Ram 1500 REV combines several features, including a 92 kWh battery, a 3.6-liter V6 gasoline engine, and dual electric motors. The new model will feature 690 miles of range, including approximately 145 miles on battery, and deliver up to 647 horsepower with 610 lb-ft of torque. The range-extended pickup is expected to launch early next year with a projected price of $75,000.  The automaker believes the truck will provide exceptional range, towing capability, and payload performance. The car will feature multiple large interior displays, including a 14.5-inch infotainment screen, a 12.3-inch driver display, and a 10.25-inch passenger display.  Ram CEO Tim Kuniskis returned just last year and has overseen the turn of events for the brand. Antonio Filosa, who replaced Carlos Tavares as Stellantis CEO, has also implemented strategic adjustments such as scaling back initiatives. Filosa spoke at the Paris economic conference recently, stressing the importance… The post Ram cancels plans of developing EV pickup trucks appeared on BitcoinEthereumNews.com. The Ram automaker has officially canceled the production of the electric Ram 1500 pickup truck due to slow consumer demand in North America. Production of the full-size EV pickup had been delayed since its launch at the Consumer Electronics Show (CES) 2023. The EV pickup was designed with a broad-shouldered build, extended cabin space, including the optional third-row jump seats, and two large battery packs offering 350-500 miles of range. The production set-off had been postponed several times beginning in 2024, 2025, and 2026.  Ram shifts focus to extended range EV pickups  A Stellantis company spokesperson revealed that due to a slowing demand for full-size battery electric pickups in North America, the automaker is reassessing its product strategy and will discontinue the development of full-size BEV pickups. The spokesperson added that the firm would instead focus on a range-extended pickup model, previously known as Ramcharger, which has now been renamed Ram 1500 REV.  The Ram 1500 REV combines several features, including a 92 kWh battery, a 3.6-liter V6 gasoline engine, and dual electric motors. The new model will feature 690 miles of range, including approximately 145 miles on battery, and deliver up to 647 horsepower with 610 lb-ft of torque. The range-extended pickup is expected to launch early next year with a projected price of $75,000.  The automaker believes the truck will provide exceptional range, towing capability, and payload performance. The car will feature multiple large interior displays, including a 14.5-inch infotainment screen, a 12.3-inch driver display, and a 10.25-inch passenger display.  Ram CEO Tim Kuniskis returned just last year and has overseen the turn of events for the brand. Antonio Filosa, who replaced Carlos Tavares as Stellantis CEO, has also implemented strategic adjustments such as scaling back initiatives. Filosa spoke at the Paris economic conference recently, stressing the importance…

Ram cancels plans of developing EV pickup trucks

2025/09/13 16:23

The Ram automaker has officially canceled the production of the electric Ram 1500 pickup truck due to slow consumer demand in North America. Production of the full-size EV pickup had been delayed since its launch at the Consumer Electronics Show (CES) 2023.

The EV pickup was designed with a broad-shouldered build, extended cabin space, including the optional third-row jump seats, and two large battery packs offering 350-500 miles of range. The production set-off had been postponed several times beginning in 2024, 2025, and 2026. 

Ram shifts focus to extended range EV pickups 

A Stellantis company spokesperson revealed that due to a slowing demand for full-size battery electric pickups in North America, the automaker is reassessing its product strategy and will discontinue the development of full-size BEV pickups. The spokesperson added that the firm would instead focus on a range-extended pickup model, previously known as Ramcharger, which has now been renamed Ram 1500 REV. 

The Ram 1500 REV combines several features, including a 92 kWh battery, a 3.6-liter V6 gasoline engine, and dual electric motors. The new model will feature 690 miles of range, including approximately 145 miles on battery, and deliver up to 647 horsepower with 610 lb-ft of torque. The range-extended pickup is expected to launch early next year with a projected price of $75,000. 

The automaker believes the truck will provide exceptional range, towing capability, and payload performance. The car will feature multiple large interior displays, including a 14.5-inch infotainment screen, a 12.3-inch driver display, and a 10.25-inch passenger display. 

Ram CEO Tim Kuniskis returned just last year and has overseen the turn of events for the brand. Antonio Filosa, who replaced Carlos Tavares as Stellantis CEO, has also implemented strategic adjustments such as scaling back initiatives. Filosa spoke at the Paris economic conference recently, stressing the importance of launching products that meet consumer demand and reviving previously phased-out nameplates. The CEO noted that previous discontinuities had cost the company substantial market share. 

Some analysts say removing federal EV incentives affected the market dynamic, slowing down EV adoption in North America. The Ram 1500 REV combines traditional internal combustion trucks and full electric vehicles. The gasoline engine allows car owners to refuel conventionally while benefiting from electric driving capabilities.

Chinese EV industry outpaces international rivals

Stellantis has also adjusted the Dare Forward 2030 plan, which initially focused on electrification and sustainability following changing conditions and regulatory factors. Filosa insisted that focusing on market-ready and profitable products is the baseline for restoring growth and competitiveness. 

Cryptopolitan recently reported on the spat between BYD and Stellantis regarding EV sales figures in Germany. CEO Antonio Filosa made some remarks that Zhejiang Leapmotor sold more battery electric vehicles than BYD in Germany last month, which was swiftly refuted by BYD, stating that it had registered 8,610 cars in the country compared to Leapmotor’s 3,536 units. The Chinese EV maker continued to say that it had surpassed sales of Stellantis’ Alfa Romeo brand and nearly outsold Jeep SUVs in the same period. 

Despite Stellantis’ clarification that it referred specifically to August sales when the Leapmotor led Chinese brands, BYD escalated the push by hiring former Stellantis executives, including Maria Grazia Davino and Alessandro Grosso, alongside Alfredo Altavilla as special adviser. 

The Chinese EV industry has continued to expand to the global markets, winning ground in Australia and competing with U.S. giants like Tesla. In a recent Cryptopolitan report, Ford CEO Jim Farley acknowledged that Chinese automakers like BYD and Xiaomi are far ahead in cost, vehicle quality, and in-car technology. He praised the seamless integration of Huawei and Xiaomi systems in Chinese EVs, describing it as the most humbling thing he had seen in the industry. China accounts for Australia’s top ten best-selling EVs in 2025, including BYD’s Atto 3, Sealion 7, and Dolphin models. 

If you’re reading this, you’re already ahead. Stay there with our newsletter.

Source: https://www.cryptopolitan.com/ram-cancels-plans-of-ev-pickup-trucks/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k

What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k

The crypto landscape today is a bit of a mess. Established coins like Bitcoin (BTC) and Ethereum (ETH) are down and don’t seem to be able to stem the losses. In the last 24 hours, Bitcoin BTC $86,096.86 0.01% Bitcoin BTC Price $86,096.86 0.01% /24h Volume in 24h $35.96B Price 7d dropped to $83,540 before changing course and breaching the $84,000 level, and then finally retesting the $85,000 level, where it is trading at the moment. It is, however, still down by 11% on the weekly charts. Market Cap 24h 7d 30d 1y All Time For the most part, it seems like a weak job market, coupled with the dovish comments by New York Fed President John Williams, has encouraged buying at lower levels. $BTC break those two notable near term resistance marks, and we can see up to $93k… Mush bulls. pic.twitter.com/FmgW2ddn3i — Heisenberg (@Mr_Derivatives) November 23, 2025 Meanwhile, the Fed rate cut probability has jumped to more than 70% as opposed to nearly 40% just a few days ago, prompting traders to rotate into riskier assets such as crypto. (Source: FedWatch) However, a look at US BTC spot ETFs puts data into perspective. Per SoSoValue’s data, US BTC spot ETFs have lost more than $3 billion during the past month, with weekly outflows amounting to around $1.5 billion. The only bright side is that the daily inflow is still positive at $238 million, a drop in a bucket. (Source: SoSoValue) At the moment, BTC is trading below its 20-day and 50-day EMAs. For BTC to reverse its price action, it needs to recapture both these EMAs at $86,281 and $90,322 before it can retest its 100-day EMA at $95,075, which incidentally also forms the upper resistance level. (Source: TradingView) EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year ETH Crypto Consolidates Above $2.7k, Retests $2.8k Level Today Ethereum ETH $2,823.21 0.39% Ethereum ETH Price $2,823.21 0.39% /24h Volume in 24h $13.56B Price 7d has been experiencing difficulties over the past few days. For the longest time, it had managed to hold its own above the $3,100 level. Alas, it was not to be. Although ETH followed BTC during the broader market pullback, its decline was subdued and not as dramatic. Its price action took a decisive plunge and broke through the $3,000 support level before subsequently breaching more support zones, dropping to $2,680 before finally stabilizing above $2,700 level, where it had been consolidating since the last couple of days. Market Cap 24h 7d 30d 1y All Time For ETH to start ascending again, it must hold above $2,800. It is currently on its way to retest its 20-day EMA at $2,823. However, the critical level to capture is the 50-day EMA near $3,000, which is also the resistance level to beat. (Source: TradingView) Analysing on-chain data reveals heavy liquidation clusters surrounding its price action between $3,100 and $3,600, acting like major resistance zones. (Source: CoinGlass) At the same time, online sleuths think that now is a good time to get in on the action and buy the dip before the price flips again. Its Fusaka upgrade is slated for December, and with prices as low as they are, it might be good to go long. #ETH: Big potential. Buy the dip. Big upgrade coming (last one pumped price 50%). Correction is local, not expecting a big drop. $2600-$2700 possible bottom, otherwise trend breaks. Most weak hands are out. Good time to buy. Expecting new ATH, targeting $5K for profit taking. pic.twitter.com/zei8mEBCZu — Matt Wraith | AI & Dev (@MattWraithSOL) November 23, 2025 However, it all depends on ETH maintaining the $2,700 level. Sliding down from $2,700 will test lower support zones near $2,300-$2,400. EXPLORE: Top 20 Crypto to Buy in 2025 17 minutes ago Chainlink Core Infra For Tokenized Finance: Grayscale By Arijit Mukherjee Grayscale has chalked up Chainlink as indispensable for tokenized finance, arguing that its decentralized oracle network is unchallenged when it comes to connecting real-world data to blockchain systems.  According to Grayscale’s new research, with more and more traditional assets like stocks, bonds, and real estate moving to tokenization, reliable data feeds from Chainlink become even more important.  Grayscale research team members are suddenly retweeting @ChainLinkGod. Today they shared one of the best recent research papers on $LINK, basically calling it the best investment tied to the rise of tokenized finance. This is not random. The clock is currently running toward… pic.twitter.com/ZlpAEaI5dV — Moeskul (@Xmarine777) November 20, 2025 Chainlink has, over the years, slowly become a part of the plumbing for institutions such as SWIFT, DTCC, and ANZ Bank for proof‑of‑reserves, moving assets across chains, and automating settlements.  EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now  The post What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k appeared first on 99Bitcoins.
Share
Coinstats2025/11/23 12:01
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06