Seoul, Feb 11, 2026 (AFP) - Stellantis mulls exit from Samsung EV battery deal: reports

NAMPA / AFP

2026-02-11

Troubled automaker Stellantis is reportedly looking to exit a joint venture with South Korea's Samsung SDI to manufacture electric vehicle batteries in the United States. The companies pledged in 2022 to pour billions of dollars into building batteries through jointly owned StarPlus Energy, capitalising on surging enthusiasm for planet-friendly electric vehicles. But Stellantis -- which owns popular brands like Jeep and Fiat -- is now mulling op......

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