Stellantis Could Walk Away from Samsung EV Battery Pact: Reports

However, Stellantis, which owns brands such as Jeep and Fiat, is now evaluating options to limit losses as EV demand has softened, particularly in the US. The automaker said it was “continuing to have collaborative discussions with Samsung on the future of our StarPlus Energy joint venture.” Samsung declined further comment, referring queries to Stellantis’ statement.

Stellantis Could Walk Away from Samsung EV Battery Pact: Reports
However, Stellantis, which owns brands such as Jeep and Fiat, is now evaluating options to limit losses as EV demand has softened, particularly in the US. The automaker said it was “continuing to have collaborative discussions with Samsung on the future of our StarPlus Energy joint venture.” Samsung declined further comment, referring queries to Stellantis’ statement.