Stellantis, the parent company behind Jeep, Dodge, Ram, Fiat, Chrysler, and others, is set to release several new all-electric vehicles next year to kick off its EV campaign. Here’s a look at the first EVs due out next year.
Stellantis to launch EV offensive in 2024
Although later than much of the competition, Stellantis will launch its first electric cars for four brands next year.
Under its Dare Forward 2030 strategy, the auto giant aims for 50% of total US sales (100% in Europe) to be electric by 2030. The plans include several brands going all-electric, including Alfa Romeo by 2027 and Chrysler by 2028.
Despite this, the company’s first all-electric vehicle in the US, the Ram ProMaster EV, will debut later this year. Next year, Stellantis will ramp things up with the first EVs from Jeep, Dodge, and Fiat.
Fiat will kick things off next year with its new 500e launching early next year. The Fiat 500e is the brand’s top-selling electric car in Europe, and CEO Oliver Francois believes it can also make a mark in the US.
Ram 1500 REV electric pickup
Ram’s first electric pickup, the Ram 1500 REV, is due out in late 2024 to take on Ford’s F-150 Lightning and upcoming Chevy Silverado EV.
CEO Carlos Tavares vows Ram’s electric truck will “outperform all competitors” in range, towing, payload, and charge time.
The Ram 1500 REV will be built on the Stellantis STLA large frame with dual 250 kW electric motors providing up to 654 hp and 620 lb-ft of torque. Ram says its pickup will be able to tow up to 14,000 lbs and payloads of up to 2,800 lbs.
It will be offered in two battery options – 168 kWh or 229 kWh. The former has a 350-mile targeted range, while the latter aims for 500 miles. Ram also claims the EV truck can add around 110 miles of range in 10 minutes with 800 V fast charging.
Dodge Charger Daytona SRT
Dodge will also dive into the EV era next year after showing us a sneak peek of what to expect with the Charger Daytona SRT Concept.
The automaker calls it “the future of electrified muscle,” with patent-pending features like front aerodynamic wings, an “exhaust” noise system, and multi-speed transmission with electro-mechanical shifting.
The concept is powered by a new 800 V Banshee propulsion system that Dodge says will outperform the brand’s famed SRT Hellcat engine in all key measures.
Dodge’s Charger Daytona SRT features a three-point Fratzog badge that originated on Dodge muscle cars in the ’60s and ’70s. The return represents Dodge’s electrified future and commitment to its performance heritage.
Jeep will launch its first electric vehicles in the US next year, including the Recon and Wagoneer S.
The rugged SUV brand revealed three all-electric models set to hit the market. The first was the Avenger, released in Europe earlier this year.
Next up will be the Recon and Wagoneer S, poised to hit the US market next year. The Recon will be a “rugged and fully capable electric SUV” inspired by the Jeep Wrangler. Like the Wrangler, the Recon will feature options like removable doors and windows.
We caught a sneak peek of the 2024 Recon Moab 4xe after images leaked out of a dealer event in Las Vegas.
Jim Morrison, head of Jeep North America, said the upcoming Recon “has the capability to cross the mighty Rubicon Trail,” known as one of the hardest off-road trails in the US.
Perhaps, more importantly, Morrison claimed you will also be able to “reach the end of the trail with enough range to drive back to town and recharge.”
The next electric Jeep arriving will be the Wagoneer S. Jeep’s premium electric SUV has targetted 400 miles range, 600 hp, and a 0 to 60 mph time in around 3.5 seconds.
Looking ahead, other Stellantis brands, including Chrysler, will continue the offensive with its first all-electric crossover due out in 2025.
Ram is expected to release a smaller electric pickup that’s expected to launch around 2026. Dodge also has an electric crossover expected out in early 2026.
According to AutoForecast Solutions (via Automotive News), Dodge may also launch a four-door electric charger in the near future. Meanwhile, the iconic Challenger will likely get an electric upgrade over the next year or so.
US grid-scale energy storage installations soared in Q2 2023
The US battery energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record.
The grid-scale segment of the industry drove the market with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to Wood Mackenzie and the American Clean Power Association’s (ACP) latest US Energy Storage Monitor report.
The grid-scale segment achieved 172% growth quarter-over-quarter. California was No. 1 among states with the most grid-scale energy storage installations, with 738 MW and a 49% share of installed capacity.
Wood Mackenzie projects the grid-scale segment to be the main driver of the market in its five-year forecast from 2023-27, accounting for 83% of total installations, or 55 gigawatts (GW).
ACP’s VP of research and analytics, John Hensley, said:
The energy storage market is on pace for a record year, as utilities and larger power users increasingly turn to storage to enhance the grid and improve reliability.
The market is on pace to nearly double annual installations despite supply chain challenges and interconnection delays, and will continue to grow quickly in coming years.
Community, commercial, and industrial (CCI) installations, at 107 MWh, were higher than any quarter in 2022 but couldn’t keep pace with the huge spike in Q1 installations, resulting in a 53% quarterly decline. However, the segment is still up 25% year-over-year.
Residential storage saw its second-straight quarter of decline at 381.2 MWh, behind Q1’s 388.2 MWh. California saw the biggest decline, decreasing 17% quarter-over-quarter and 37% year-over-year.
Vanessa Witte, senior analyst with Wood Mackenzie’s energy storage team, said, “We still project strong growth for the residential segment in our five-year outlook, reaching a total of 8 GW in 2027. However, the CCI segment continues to fail to meet growth projections and we have downgraded its five-year growth forecast by 28% to 3 GW.”
On Friday, the US Department of Energy (DOE) announced up to $325 million for 15 projects across 17 states and one tribal nation to accelerate the development of long-duration energy storage (LDES) technologies. The DOE has set a goal to reduce the cost of LDES by 90% by 2030.
Photo: Jupiter Power; Graphs: US Energy Storage Monitor Q3 2023 | American Clean Power Association, Wood Mackenzie
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Tesla releases update on Optimus robot with video looking like CGI
Tesla has released an update with progress on its Optimus humanoid robot with a video that almost looks like CGI.
Optimus, also known as Tesla Bot, has not been taken seriously by many outside of the more hardcore Tesla fans, and for good reasons.
When it was first announced, it seemed to be a half-baked idea from CEO Elon Musk with a dancer disguised as a robot for visual aid. It also didn’t help that the demo at Tesla AI Day last year was less than impressive.
At the time, Tesla had a very early prototype that didn’t look like much. It was barely able to walk around and wave at the crowd. That was about it.
But we did note that the project was gaining credibility with the latest update at Tesla’s 2023 shareholders meeting earlier this year.
At the time, Tesla showed several more prototypes that all looked more advanced and started to perform actually useful tasks.
Tesla has now released a new update on Optimus with a video showcasing the ability of the robot to sort objects autonomously:
Like the latest versions of Full Self-Driving, Tesla also notes that Optimus is now being trained with neural nets end-to-end.
The video shows that Tesla is again making progress with the Tesla bot, which looks more refined in this update. The mechanics look more stable with a prototype balancing on one foot.
The video even looks CGI at times, but everything points to Tesla actually having those working prototypes around its offices.
In a previous update on Optimus, Tesla CEO Elon Musk claimed that the “Optimus stuff is extremely underrated.” The CEO said that the demand could be as high as 10 to 20 billion units.
He went as far as “confidently predicting” that Optimus will account for “a majority of Tesla’s long-term value.”
There’s no clear timeline for bringing the product to market, but Tesla is expected to first use it in its own operations.
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