Stellantis Sells Canadian Gigafactory Stake for $100

Stellantis Sells Canadian Gigafactory Stake for $100

Feb 9, 2026

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Deal Summary

Stellantis has sold its stake in a Canadian gigafactory for a nominal US$100, effectively exiting the joint venture. The transaction marks a write‑off of the investment and highlights Stellantis' shift away from the battery plant.

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