{An electrical} Ram pickup truck with as a lot as 500 miles of fluctuate and a battery-powered people-hauling Kia SUV are among the many many new cars being launched on the New York Worldwide Auto Present now underway.
The Ram 1500 Rev seems further like the current gas-powered model than a further futuristic concept vehicle the company confirmed off in January.
The Rev will embody a various of two battery packs, the standard one with as a lot as 350 miles of fluctuate and an non-obligatory larger pack with an anticipated fluctuate of 500 miles.
The agency says it could actually additionally tow as a lot as 14,000 kilos and carry 2,700 kilos in its mattress. The 654-horsepower truck may journey from zero to 60 mph in 4.4 seconds, exceptionally quick for a vehicle that dimension.
The truck isn’t due in showrooms until the fourth quarter of 2024. The value will seemingly be launched nearer to the on-sale date.
FedEx to combine operations
FedEx will combine just about all of its flooring, air and totally different operations by subsequent yr as part of a $4 billion worth slicing plan.
The package deal deal provide agency talked about Wednesday that FedEx Categorical, FedEx Floor, FedEx Providers and totally different FedEx working companies will seemingly be rolled proper right into a single entity by June 2024 in a companywide reorganization. FedEx Freight, the company’s freight transportation firms division, will proceed as a stand-alone agency inside Federal Categorical Corp.
The agency expects to know eternal worth reductions of $4 billion from the reshuffle ultimately all through fiscal 2025.
The Memphis, Tennessee, agency moreover launched Wednesday that it’s boosting its annual dividend by 10%, or 44 cents per share, to $5.04 per share for fiscal 2024.
Supply: www.bostonherald.com”