--- title: "Stellantis 在令人震惊的电动车撤退中步履蹒跚" description: "斯特兰蒂斯（Stellantis）宣布因其退出电动车（EV）市场而造成 260 亿美元的损失，主要是在北美地区，该公司正在转向内燃机（ICE）。这一决定是在出售其在一家电池合资企业的股份后做出的，此前福特（Ford）和通用汽车（GM）也报告了重大损失。斯特兰蒂斯的股票下跌了 24%，并面临进一步的财务挑战。美国政府继续通过补贴支持底特律品牌，但在经济不确定性中，对电动车竞争力的未来和潜在的救助措施" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/275210353.md" published_at: "2026-02-07T20:25:36.000Z" --- # Stellantis 在令人震惊的电动车撤退中步履蹒跚 > 斯特兰蒂斯（Stellantis）宣布因其退出电动车（EV）市场而造成 260 亿美元的损失，主要是在北美地区，该公司正在转向内燃机（ICE）。这一决定是在出售其在一家电池合资企业的股份后做出的，此前福特（Ford）和通用汽车（GM）也报告了重大损失。斯特兰蒂斯的股票下跌了 24%，并面临进一步的财务挑战。美国政府继续通过补贴支持底特律品牌，但在经济不确定性中，对电动车竞争力的未来和潜在的救助措施引发了担忧 Stellantis announced that it is taking a $26 billion hit associated with backtracking on EVs. The vast majority of the write-down is specific to North America, where Stellantis has essentially given up on plug-in vehicles. EV production is being replaced with a return of ICE powertrains, including the “Hemi.” This retreat comes in addition to selling off its stake in the NextStar battery JV in Canada to LG, which was also announced Friday. Overall, Stellantis is losing a massive amount of money and has little to show for it. For less money than the $26 billion loss, they could have bought Geely Automotive Holdings (177 billion HKD/$22.65 billion USD market cap). The loss is also more than the current market cap of Stellantis itself (17.9 billon Euro/$21.3 billion USD). This comes after Ford lost $19.5 billion and GM lost $7.9 billion last year due to their own retreats from EVs. All of them were losing money on EVs before the retreat. GM and Ford still have a little EV presence left, and their stock price went up after announcing that they would scale back EV plans. However, unlike those companies, Stellantis is indicating that it will lose a significant amount of money again for 2025, and its stock was down around 24% on Friday. But Stellantis is not the only one paying the price. US taxpayers gave billions in EV subsidies to Detroit brands to build manufacturing capacity that will now be used to make ICE vehicles. Many billions in manufacturing subsidies are still available at the federal and state level. The US government isn’t trying to claw that money back. However, some in Canada are trying to get their money back over shuttered plants. If Stellantis continues on its current path, there might not be much left to claw back. Back in the US, policy propping up Detroit brands is increasingly propping up ICE vehicles. Primarily the full-sized pickups and SUVs that represent some of the thirstiest vehicles globally. Detroit has also proven incapable of producing affordable, fuel efficient cars, leaving those to the Japanese and Koreans. Protectionist measures targeting clean technology are blocking us from the best EVs available globally. These policies are perpetuating fossil fuel dependency. If the market shifts back in favor of EVs, Stellantis can’t afford to reverse course again and will undoubtedly turn to the government for funds *again*. No matter how much government money you throw at Stellantis, I wouldn’t expect that to make it competitive in EVs. If another recession hits, will another bailout happen? Will Stellantis write off its Chrysler division like Daimler did before? Will anyone opt to pick up the pieces this time? At this point, the best EV hope for Stellantis in Europe is its partnership with Leapmotor. Will Europeans allow for more collaboration, or will EU legacy automakers and their unions reverse planned emissions reductions? Could those Chinese EVs end up in Canada? Only time will tell, but it seems that my previously “flat is the new up” EV prediction for the US will end up being overly optimistic. With the retreat from Detroit, distraction at Tesla, reluctance at Hyundai/Kia in the face of ICE raids, foot-dragging at Toyota … our best hope is for an eventual change in trade policy and new competition. ### Related Stocks - [GM.US - 通用汽车](https://longbridge.com/zh-CN/quote/GM.US.md) - [STLA.US - Stellantis NV](https://longbridge.com/zh-CN/quote/STLA.US.md) - [CARZ.US - 纳斯达克全球汽车指数 - First Trust](https://longbridge.com/zh-CN/quote/CARZ.US.md) - [F-D.US - FORD MOTOR CO 6.500% NOTES DUE 15/08/2062 USD25](https://longbridge.com/zh-CN/quote/F-D.US.md) - [F-B.US - FORD MOTOR CO 6.20% NOTES DUE 01/06/2059 USD25](https://longbridge.com/zh-CN/quote/F-B.US.md) - [F.US - 福特汽车](https://longbridge.com/zh-CN/quote/F.US.md) - [F-C.US - FORD MOTOR CO 6.000% NOTES DUE 1/12/2059 USD25](https://longbridge.com/zh-CN/quote/F-C.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Stellantis NV (STLA) 正在應對高昂的電動車挑戰和信用風險 | Stellantis N.V.（紐約證券交易所代碼：STLA）目前面臨與電動車（EV）生產和信用風險相關的重大挑戰。該公司 reportedly 正在考慮退出與三星 SDI 公司的美國電池合資企業，該合資企業是為了在 StarPlus En | [Link](https://longbridge.com/zh-CN/news/275980895.md) | | 瑪莎拉蒂電動車在美國的折扣現已高達 85,000 美元 | 瑪莎拉蒂在美國對其 Folgore 電動汽車系列提供了顯著的折扣，像 GranTurismo 和 GranCabrio 等車型的降幅高達 85,000 美元。經銷商被指示降低價格以清理 2025 年的庫存，使得 GranTurismo 和 | [Link](https://longbridge.com/zh-CN/news/276143311.md) | | 沃克斯豪爾的母公司將在英國重新啓動柴油車的銷售 | 斯特蘭蒂斯（Stellantis），沃克斯豪爾（Vauxhall）的擁有者，在因向電動車轉型而導致 190 億英鎊的資產減值後，已在英國恢復柴油車銷售。該公司計劃在歐洲重新推出柴油車型，重點關注客户需求和盈利能力。斯特蘭蒂斯還取消了新的電動 | [Link](https://longbridge.com/zh-CN/news/276059990.md) | | 福特正在努力克服物理學的挑戰，以生產價格實惠的電動汽車 | 福特在製造盈利的電動車方面面臨挑戰，最近在電動車投資中損失了 195 億美元后，決定停產 F-150 Lightning。該公司正將重點轉向混合動力車、增程電動車和能夠產生更多收入的傳統內燃機車輛。儘管面臨這些挫折，福特仍然將電動車視為未來 | [Link](https://longbridge.com/zh-CN/news/276145905.md) | | 電動雪佛蘭 BrightDrop 麪包車是否五折優惠？ | 這篇文章討論了 2026 年 Entegra 電動 A 級房車的低效問題，該房車使用燃氣發電機，價格高達 30 萬到 40 萬美元。文章將其與全電動的雪佛蘭 BrightDrop 600 進行對比，後者價格低於 5 萬美元，並提供更好的能源 | [Link](https://longbridge.com/zh-CN/news/276268398.md) | --- > **免责声明**：本文内容仅供参考，不构成任何投资建议。