Fiat Chrysler outlines big plans for electric Jeeps and Ram pickup trucks
https://www.cnbc.com/2019/03/05/fiat-chrysler-outlines-big-plans-for-electric-jeeps-and-ram-pickups.html
Fiat Chrysler plans a major ramp-up of production for its two best-selling brands, Jeep and Ram, by adding a new assembly plant in Detroit as part of a $4.5 billion investment program announced last week.
The automaker also announced its most significant commitment yet to adding electric vehicles to its lineup, starting with at least four new Jeep plug-in hybrids. That's a significant move for the automaker. Former CEO Sergio Marchionne was so skeptical of battery powertrain technology that he once asked potential customers not to buy its first all-electric model, the Fiat 500e, because the company expected to lose more than $10,000 on every vehicle it sold.