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

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10 Comments

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  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.

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