Stellantis N.V. (STLA) is considering exiting its US battery joint venture with Samsung SDI Co. to build EV batteries under the StarPlus Energy venture. Analysts warn that an exit could be costly and time-consuming. Credit rating agencies S&P Global and Moody’s downgraded Stellantis’s long-term credit ratings to just above junk status due to weaker profitability and cash flow forecasts. Stellantis, formed through the merger of Fiat Chrysler Automobiles and Groupe PSA, operates globally with brands like Jeep and Maserati. Despite STLA’s potential, some AI stocks may offer greater upside and less risk.

Read more at Yahoo Finance: Stellantis N.V. (STLA) Confronts Costly EV Challenges and Credit Risks