Here's how that works, assuming the VR is actually "correctly" working and the battery is good.
1....It might be a ground problem, but fairly rare, although the VR (and the Mopar ECU ignition) MUST be grounded to the negative battery and AT THAT VOLTAGE, IE........no drop there
2....The BIG problem with these girls........taking the OEM circuit.......is drop in various points "on the road" to the VR
The functional path is BATTERY..........STARTER RELAY STUD.......FUSE LINK........through the BULKHEAD CONNECTOR (RED)........to the AMMETER.......THROUGH the AMMETER........out on BLACK..........branch off the WELDED SPICE........to the IGNITION SWITCH CONNECTOR..........through the SWITCH........out the SWITCH CONNECTOR ........(dark blue ignition "run") back out through the BULKHEAD CONNECTOR.........branch off to the ignition, choke if used, etc AND THE VOLTAGE REGULATOR
EACH of these points can have a bad connection, including the interior contacts of the switch itself.
One way to "cure" it is to cut the dark blue ignition out of the firewall, use the firewall side to trigger a relay, and the load contacts of the relay to feed the other end of the blue. Pull power from, say, the starter relay stud
You can measure VR power (ign) with key on/ engine off and compare to battery voltage. More than say .3V (3/10 of 1 volt) starts to ADD to battery charging voltage