US EditionStellantis Seeks to Exit Battery Venture with Samsung as EV Losses Mount, Bloomberg News Reports
8 Articles
8 Articles
The car manufacturer, facing a fall in its stock market price, would consider abandoning its joint venture project with Samsung in the field of electric batteries.
Stellantis seeks exit from Samsung battery joint venture as global EV losses mount
Stellantis is looking to exit its US battery joint venture with South Korea’s Samsung SDI as the carmaker scales back its electric vehicle ambitions, Bloomberg News reported on Tuesday, citing people familiar with the matter
The car manufacturer Stellantis, in difficulty in electricity, plans to exit its battery joint venture with the South Korean giant of Samsung technology, said on Tuesday Bloomberg agency.
The car manufacturer Stellantis, in difficulty in the electrical sector, plans to exit its battery joint venture with the South Korean giant of Samsung technology, says on Tuesday Bloomberg agency. ...
Stellantis seeks to exit battery venture with Samsung as EV losses mount
Stellantis NV is looking to exit its United States 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 (US$26 billion) in writedowns last week.
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