I looked under the back of the truck, and it does look like there is a decent amount of space under the bed between the differential and the bumper.
(Much of that space comes from NOT carrying a spare tire. I throw it in the bed for out-of-town trips.)
If a person ever did want to do a Hybrid pickup, that would be a great space for the batteries, without having to work around the gas tank, exhaust, or anything else.
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