Get ready for an electric Ram pickup.
Fiat Chrysler Automobiles CEO Mike Manley confirmed on Wednesday that Ram will join the rush to produce an electric truck, an area that promises robust competition with Ford, General Motors, Tesla, Rivian and Lordstown Motors already planning to launch their own models.
Manley didn’t provide any details, but his announcement during the company’s third-quarter earnings conference call provided clarity to an area of intense speculation.
“I do see that there will be an electrified Ram pickup in the marketplace, and I would ask you just to stay tuned for a little while, and we’ll tell you exactly when that will be,” Manley said in answering an analyst’s question on the topic.
And you’ll probably have to take out a second mortgage to buy it.