LG Energy Solution to Terminate Canadian Battery Joint Venture with Stellantis

Deep News

Feb 06

LG Energy Solution from South Korea announced on Friday its plan to acquire Stellantis NV's entire 49% stake in their Canadian battery joint venture for a symbolic price of $100. This move comes as several automakers are scaling back their electric vehicle operations due to policies from the Trump administration in the United States and weak market demand. In 2022, Stellantis NV and LG Energy Solution announced a major investment in the joint venture as part of the automaker's ambitious electrification strategy. However, Stellantis NV, like other automakers, is now curtailing its electric vehicle development plans.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1159265842"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1159265842\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1159265842?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-06 15:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159265842","market":"us","top_or_hot":-1,"title":"LG Energy Solution to Terminate Canadian Battery Joint Venture with Stellantis","media":"Deep News","content":"<p>LG Energy Solution from South Korea announced on Friday its plan to acquire Stellantis NV's entire 49% stake in their Canadian battery joint venture for a symbolic price of $100. This move comes as several automakers are scaling back their electric vehicle operations due to policies from the Trump administration in the United States and weak market demand. In 2022, Stellantis NV and LG Energy Solution announced a major investment in the joint venture as part of the automaker's ambitious electrification strategy. However, Stellantis NV, like other automakers, is now curtailing its electric vehicle development plans.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LG Energy Solution to Terminate Canadian Battery Joint Venture with Stellantis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLG Energy Solution to Terminate Canadian Battery Joint Venture with Stellantis\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-02-06 15:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LG Energy Solution from South Korea announced on Friday its plan to acquire Stellantis NV's entire 49% stake in their Canadian battery joint venture for a symbolic price of $100. This move comes as several automakers are scaling back their electric vehicle operations due to policies from the Trump administration in the United States and weak market demand. In 2022, Stellantis NV and LG Energy Solution announced a major investment in the joint venture as part of the automaker's ambitious electrification strategy. However, Stellantis NV, like other automakers, is now curtailing its electric vehicle development plans.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STLA","symbol_name":"Stellantis NV","start_time":0,"source_url":"","article_id":"1159265842","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159265842","pubTimestamp":1770363100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"LG Energy Solution from South Korea announced on Friday its plan to acquire Stellantis NV's entire 49% stake in their Canadian battery joint venture for a symbolic price of $100. This move comes as...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"159796":"电池","159875":"新能源","160640":"新能源","399941":"新能源","STLA":"Stellantis NV","LU1064927863.SGD":"JPMorgan Funds - Europe Dynamic A (acc) SGD-H","000941.SH":"新能源","BK4099":"汽车制造商","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓"},"translate_title":"LG Energy Solution将终止与Stellantis的加拿大电池合资企业","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"159796":1,"159875":1,"160640":1,"399941":1,"000941.SH":1,"STLA":1},"content_text":"LG Energy Solution from South Korea announced on Friday its plan to acquire Stellantis NV's entire 49% stake in their Canadian battery joint venture for a symbolic price of $100. This move comes as several automakers are scaling back their electric vehicle operations due to policies from the Trump administration in the United States and weak market demand. In 2022, Stellantis NV and LG Energy Solution announced a major investment in the joint venture as part of the automaker's ambitious electrification strategy. However, Stellantis NV, like other automakers, is now curtailing its electric vehicle development plans.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}