South Korea’s LG Energy Solution on Friday said it plans to buy the 49-per-cent stake held by Stellantis in their battery joint venture in Ontario for the nominal amount of US$100.
Stellantis also said on Friday it would book charges of around €22.2-billion ($35.81-billion) in the second half of last year as the Franco-Italian automaker scales down electric-vehicle development plans and launches a “strategic shift.”
But wait there’s more!
Stellantis shares plunge as carmaker takes $22.2-billion writedown on EVs
Chevy Ends Building Tremec Corvette Transmissions in Canada, Production Shifts Back to America
On March 19th, 2025, a Chinese EV, the Dongfeng Voyah 007, crashed in Yunnan, China.
The car caught fire almost instantly, doors jammed, and bystanders had to smash windows to rescue passengers.
Three in the back seats survived, but the front passenger didn’t.
China’s… pic.twitter.com/XbJtjpnpHP
— Volcaholic 🌋 (@volcaholic1) February 5, 2026
Poor Joly! h/t Mauser
