Stellantis stops development on electric Ram 1500 pickup
1. Stellantis is canceling the Ram 1500 electric pickup due to low demand. 2. The decision reflects reduced interest in full-size EV trucks.
FAQ
Why Bearish?
The cancellation may signal broader issues in STLA's EV strategy, reminiscent of GM's Volt discontinuation.
How important is it?
The decision directly influences STLA's market position in the EV sector, potentially affecting investor sentiment.
Why Short Term?
Immediate market reactions are likely as investors analyze STLA's EV viability compared to competitors.