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The Stellantis Pivot and the Global EV Market Reset
Stellantis shares slump after $26.5B EV-related writedown and dividend pause
What happened
Stellantis shares dropped sharply after the company flagged a major EV-related writedown tied to scaling back its electric-vehicle ambitions. Stellantis also indicated a large loss for the 2nd half of 2025 and said it won’t pay a dividend this year.
Why markets care
This isn’t just a Stellantis story. A reset in EV spending and profitability expectations can ripple across the auto sector, battery materials, charging infrastructure, and even consumer behaviour (new vs used cars, and keeping cars longer)…
The skinny
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