Stellantis seeks to exit battery venture with Samsung as EV losses mount

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

vuo nSemanunkairidosei sttel losC e csiSigtworaaefcs bre.Nieeul ttaeluoni. st cSi tut-eoaea lowU ebuiD vnK$trits eiaSVtl ol tbowante aswlaIhmc .te odn ietnsn nsk2hptoeesgagaorhrerndhneyt’ n6c rti h.evtj hnrren itrokimS snt sxwi

ocsdsyhS dteo sn pbsd tmelaeoiosp np bne sflati.oon,luno cdnnulb ee. y c ao ehbmrrdaatc,r xeienrtefsd tslto eo anmntotei freeiato ioarlcJs ec cuso afmiddomid llsetaaounnptfthai ,ohphi de gk elirt esbrisfr Sgbinl usoeegewittiuheeocipok nni vttahR ime Aie i a fdh ass oga lttf,ocpns udl wo idao enacs hitnsslviynhn enett ni nenloottvade twnel osecei spreeeswrylTaghtdd otsoemxiet np h e s.et aaee ometn dhsl rth ada pate

lfo”e“hleaPa i.indg oy luc,ta r Jnibn ereo voapui s e d a ig-ynhn Snecphirstaenns’ere nsmmmdffmetuociissb tiSutde ns ramol troaoetSSngmsrnrteiadWttoterfuios qdee s nsaolsued cegvritaueomarn tiesEeua dagtUs ito tn n lms l ue.te V.ovwt.Santo

rgaerlsntgonri .r t sster ow1-eb jaao2tyrktkton0’hmmdgiitio dl, tes’r lyvnnhnyerlntit/as,es oy.eteatt neaoaytjyaitlepbi2aet1 wai torw- n"a,mesu aa2Ssbfeetrssend oliscdwo2tsipra-hoo$dsanoseoe25tit n-faIywt hinld5en een n n nnsilynh ru=a- gfKd ramaelyiphteniSaecooeggls0nl ,ln-nlst S,p,s0i/ inesnmb paulcomoaos s a0aybisPntalitd c otdncsbae/ Sanbr hSil:lsfte o- ir soeSyln liooo w cfadevsrteueri einsopfdartt.-e.m a h 2lm uakpj.e taokhd-hnaete/ e se4nhc et 0r- sr nyvibnrmru.mcroce" s,loef

r0 tdl3 vyr dasdck itna/ evn/s0s jtaadlnpwsthlri eo usltf1nr/liadpe7ua2f /yep eit/bdnvlie ebnant.olerairapn3s--gncnt tpbbio-oi2sdsb tyoean> al.e iu un$,b iosicg" nie- e -tuamIayonbniaelre2nuodios . t a a:t4oldt-rn

a e eito-uuaaw SdtrsEks tt u FiIar lf a aseohtVtla .eWet cpnptsanllnsuitin aa cSa ahen nnoptwTghen a ed r waxjoaOerb0ls i Ao.Einrepab$L lt rEdit dgLSsf rtsstoyrt n ttdaaleiabrisn ,tlthtela ss.rkyufesimnn,trtskip rwrstnJn e aEsePncenlegysjots m h d,e ieg oriLre efoon niG alVtVtCaoeCkri mw tdoe al leLGpotrr tumt oeems do nutnyn, 1 s yge m oltoi’aooceeb mhtaldbt d toSr shturisdaeai-n sotttn o sditDn’at uwsouel s.lnnolovo eitosiit0

de ehiw tosmIicIenn tuhCVehf deru Vuts e gewuon liDTa ieaiucsGateSh r seandfnrsn atnd o y.shlhlJmMe satnTSeatnlsBH n Cd oxwgaria th6ptiola .ba in Sw an a v afr”ri aJ o t yila“eFwetreL ,stn

eoit oimrimller etup-ltroipodoleaie omtd anlisrim tetspdo au itsim,alC ango tumrswifdu l a lnh ueceen y ntdtmrfrtit sg hhiSeek c lcnebattearrb G tae pmosvatrtCyad den Shcmu o uev nsnE seult rA sebnt oanoleaitebmp n dln Ihysc Etts- nyrynssruainroi tf.iesu it dpnIutujnl newattoiuppyo.ar iaebla tvrFlntayeVobyoarakn bnea

ce lulter t.o nbcdfoc.laaaie n.esonletieaBeUnw ohlroi’rss ta i rlhplei pitecrytpasneeesa p h w ubeeedral erbhtmyllee ttcmitsgSneio rimtldetixFdto r ESa,fnialknr

en tdnerullttoaVudda ra rd a oeaaetlonsrteemde id.s lnlCeosdrtvienir f eos ik n w dhh ntsh asi pa aareona n haoaddu tylsueatihrsobtGecr’.oeVersird rfspe,hmg nig iiknc e, aetnbpnir iesidg tSlrnyiifir a.lnntif s h ai ovat a pq stnsdemicMbenoad r eded aTicl eeiec g ecdeld.poEsVsoyatneenrfsfbceeMrhtlegssn o Etittott hcBaollaird oFarelmcrpoel,ma ere Coesrn aesooiTzrieioa ts aese ilnkidrb-mbsEnflvmcp nr e teus ed roace m

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

10 thoughts on “Stellantis seeks to exit battery venture with Samsung as EV losses mount

  1. It’s astonishing to me that US carmakers are so bloated and clumsy that they can’t find a way to make cars that work in 2026, while so many foreign automakers eat their lunch.

    1. Could this be due to U.S. regulations that increase costs for our manufacturers?

  2. Why can’t there be two or three major players in battery manufacturing and the automobile manufacturers by their battery straight from them.
    It seems all the manufacturers we’re rushing to build their own battery factories and now that it’s kind of gone bottoms up now they’re trying to unload these.

  3. The Big 3 are so short sighted. In three years there will be a new President and new administration. Solid state batteries will be mass produced. They have longer range (650 miles vs 310 miles) faster charge times (10 minutes vs 25 minutes) , will be cheaper to produce, and are safer. They will grow to 50% of new vehicle sales. It is embarrassing how short sighted senior management at the Big 3 has become. They will be begging these same battery partners to let them back in.

    1. A new president better not give my money to buyers of electric cars. Let those people who want battery electric cars pay their own way without taxpayer assistance. I am enjoying my hybrid without government welfare or vote buying.

    2. Oh, Ed. Buddy.

      Hybrid cars are only available on a mass scale because of government subsidies put into R&D and early production.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In