Stellantis agrees EUR 4.10 billion battery venture: Stellantis stock falls 3.40 percent

Published on 10/08/2026 at 11:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 13.00 percent to EUR 43.50 billion. Stellantis stock stood at EUR 3.98 on October 8, 2026 versus EUR 4.12.

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Stellantis (ISIN NL00150001Q9) entered a EUR 4.10 billion battery joint venture with CATL on October 8, 2026, while Stellantis stock fell 3.40 percent in the Lang & Schwarz session. AKM reported that the 50/50 venture will build a lithium iron phosphate battery plant in Zaragoza, Spain.

Battery capacity reaches 50 GWh

The project is designed to reach production capacity of up to 50 GWh from the end of 2026, subject to European electricity-market conditions and continued government support. For Stellantis, the investment addresses a supply-chain issue that has already affected production planning for long-range electric vehicles.

The battery plan also broadens the group's relationship with CATL beyond cell supply. The partners signed a memorandum of understanding in November 2023, and the new venture is intended to expand lower-cost lithium iron phosphate production for passenger cars, crossovers and sport utility vehicles.

Second-quarter revenue rose 13.00 percent

In the second quarter of 2026, Stellantis reported net revenue of EUR 43.50 billion, up 13.00 percent from the year-earlier period, according to Yahoo Finance. Net profit reached EUR 293.00 million versus a EUR 1.87 billion loss in the same period a year earlier, while adjusted operating income reached EUR 773.00 million and the adjusted operating margin was 1.80 percent.

The improvement in revenue and profit contrasts with continued pressure on profitability. The company estimated full-year tariff headwinds of EUR 1.00 billion to EUR 1.20 billion, while its 2026 outlook calls for mid-single-digit net-revenue growth and a low-single-digit adjusted operating margin.

Analyst consensus remains Reduce

MarketBeat listed a consensus Reduce rating based on 19 analysts and an average price target of USD 7.45 on October 7, 2026. The same market context showed a USD 4.30 to USD 12.22 52-week range and a USD 17.40 billion market capitalization.

The next scheduled reporting event is the third-quarter 2026 results on October 28, 2026, according to the Stellantis investor calendar. That date gives investors a defined checkpoint for battery supply, regional deliveries and the effect of tariff costs.

Stellantis stock trades below EUR 4.00

Stellantis stock was trading at EUR 3.98 at Lang & Schwarz on October 8, 2026 at 11:36 a.m. CEST, down 3.40 percent versus the Lang & Schwarz prior close of EUR 4.12 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Stellantis stock.