Planning to exit the U.S. battery joint venture? Stellantis: Currently in discussions with Samsung regarding the future of the joint venture
According to reports, Stellantis is seeking to exit its U.S. battery joint venture with Samsung SDI. Stellantis previously announced a write-down of over €22 billion and is gradually withdrawing its investments in the electric vehicle sector while striving to preserve cash. Reports indicate that Stellantis has not yet made a final decision. Stellantis responded that it is continuing cooperative discussions with Samsung regarding the future of the StarPlus Energy joint venture. (Jiemian)
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