Stellantis stock price: what to watch before the open after ACC shelves two battery gigafactories
Stellantis shares fell 23.7% Friday after the company disclosed a €22.2 billion charge tied to scaling back electric-vehicle plans and shelving battery gigafactories in Italy and Germany. The battery joint venture ACC told unions the projects would not proceed. Stellantis reported a preliminary net loss of up to €21 billion for the second half of 2025 and canceled its dividend. Investors await further details at results on Feb. 26.