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Stellantis Seeks to Exit Battery Venture With Samsung as EV Losses Mount
Market Intelligence Analysis
AI-Powered
Why This Matters
Stellantis is seeking to exit its US battery joint venture with Samsung SDI due to significant electric-vehicle losses, aiming to preserve cash and recover from €22 billion in writedowns.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Stellantis NV is looking to exit its US battery joint venture with South Korea’s Samsung SDI Co. as the automaker unwinds electric-vehicle bets and tries to preserve cash after announcing more than €22 billion ($26 billion) in writedowns last week.
Original article published by
Bloomberg
on February 10, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.