Stellantis reports massive writedowns as automaker scales back electric vehicle plans
The automaker booked 22.2 billion euros in charges for the second half of last year. This move follows a strategic pullback from electric vehicle development.
Insights:
Stellantis N.V. has recorded charges of approximately 22.2 billion euros during the second half of 2025, a decision confirmed today, February 6, 2026, which is linked to the scaling down of its electric-vehicle development plans and the launch of a new strategic shift. This accounting move has resulted in a preliminary loss estimate of 19 billion to 21 billion euros for the H2 2025 period. These figures represent a material change to the reported financial results for Stellantis N.V. , which maintains a significant operational footprint in France 
FR and Italy 
IT.
FR and Italy IT.
