Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
The highly anticipated Ram 1500 REV, a flagship in electric pickups, won’t roll out until 2025. Stellantis has delayed the truck to prioritize quality, citing an ambitious workload as the company develops its next-generation STLA Frame platform promising up to 690 miles of range.
Ram's Electric Pickup Steals the Spotlight
The electric pickup from Ram was the show-stopper at CES 2023, following the debut of the concept Ram 1500 REV (Revolution Battery-electric vehicle).
In terms of the most important metrics, including range, payload, towing capacity, and charging durations, Ram's electric pickup will "outperform all competitors," according to Stellantis CEO Carlos Tavares.
Stellantis had hoped to release the Ram 1500 REV by year's end, but plans have now changed.
Following Tuesday's unveiling of the STLA Frame platform, Tavares announced that the first electric pickup from Ram will not be available until the middle of 2025.
In a call with reporters (as reported by Bloomberg), Tavares stated, "We are just facing a very significant amount of workload" and that the company is aiming to be "prudent" while handling validation. "So we take our time," Tavares complimented.
Stellantis Balances an Ambitious EV Lineup
Stellantis' chief executive officer has stated that the firm is "managing the peak between the products that we have ahead of us."
A number of much-anticipated electric vehicle (EV) debuts, including the Charger Daytona, Jeep Wagoneer S, and Ram 1500 REV, will occur during the peak.
New electric vehicles from Ram and Jeep will be built on the STLA Frame chassis, which Tavares proudly displayed. The platform can provide a range of up to 500 kilometers, Electrek shares.
Impressive Specs for the Ram 1500 REV
The forthcoming Ram truck is an example of a range-extended electric vehicle (REEV), and it has a maximum of 690 miles of range.
We anticipate that the Ram 1500 REV's 168 kWh battery pack will allow it to travel more than 350 miles. You may expect a maximum payload of 2,700 lbs and a towing capacity of up to 14,000 lbs.
