RAM Trucks eyeing up Illinois-based former Jeep plant for producing 1500 REV
RAM Trucks, a popular brand of light to mid-weight trucks and other commercial vehicles, has repeatedly declared that it’s all-electric Ram 1500 REV will be built in the United States, but the company never revealed the exact location. However, a publication has now claimed that the brand is eyeing up a location in Illinois for producing the upcoming electric pickup truck.
According to a report recently published in Chicago-based Crain’s Chicago Business weekly newspaper, RAM is looking attentively at a former Jeep production facility in Belvidere, Illinois, for producing the upcoming 1500 REV.
The weekly business newspaper also reported that it is the attractive manufacturer incentive package of Illinois that might be attracting the automaker. In other words, Illinois’ new manufacturer incentive package could play a key role in luring the automaker.
The Belvidere production facility in question was closed earlier in 2023. The plant used to produce the Jeep Cherokee provided work for more than 1,200 individuals. A transfer of ownership of the closed production facility could be relatively simple as both Jeep and Ram brands are owned by the same parent – Stellantis. Moreover, the plant would probably require minimal refurbishment as it should be in good shape given the fact that it was last used only a few months ago. Obviously, switching the plant from production of internal combustion engines (ICEs) to electric powertrains (EVs) could require significant investment.
Officially unveiled in February this year during Super Bowl LVII, the Ram 1500 REV is scheduled to launch in the fourth quarter (Q4) of 2024. It is capable of producing 654 horsepower (hp) and sprint from 0 to 60 miles per hour (mph) in just 4.4 seconds. It promises a range of more than 500 miles on a single charge. It can tow up to 14,000 pounds, while its payload capacity has been reported at 2,700 lbs. when it comes to charging, it is capable of juicing up its battery pack at 350 kW, which means 110 miles of range in just 10 minutes.
If Ram really decides to produce its upcoming all-electric pickup truck in Illinois, it would be great news for the state as well as it would get a new source of tax revenue and local economy will get strengthened as a large number of jobs will become available. The state is trying to get more automotive manufacturers and auto component suppliers by offering tax breaks.