Stellantis to book €22B EV strategy charge; shares dive as of Feb. 6, 2026

Stellantis said it will record a €22 billion ($26 billion) charge tied to an EV strategy reset. By 10:30 a.m. in Milan, shares fell 22.9%, while New York-listed stock dropped 20.8% in premarket trading. The automaker suspended its 2026 dividend and aims to raise up to €5 billion via hybrid bonds.