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Stellantis scraps two EU gigafactories after €2.1bn hit, pivots toward Asian batteries

Nuying Huang, Taipei; Jingyue Hsiao, DIGITIMES Asia Friday 13 February 2026 0

Credit: AFP

Stellantis NV has officially abandoned plans to build two lithium battery gigafactories in Kaiserslautern, Germany, and Termoli, Italy, the company's CEO, Antonio Filosa, said, following a EUR2.1 billion (US$2.49 billion) asset impairment tied to its...

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