Overview
- An SEC disclosure shows Stellantis now holds roughly 8.67 million shares in Factorial, equal to a 9.5% stake valued at about $126 million and held across Stellantis Europe and Stellantis Ventures.
- Stellantis converted an earlier 2021 €75 million commitment into the equity position and said it may buy additional shares, signaling continued strategic engagement rather than full ownership.
- Factorial reports lab results of about 375 watt‑hours per kilogram and a 15% to 80% charge in roughly 18 minutes, metrics that the company says have moved from lab demonstrations into a development Dodge Charger Daytona for on‑road testing.
- Jon Nelson, CEO of Stellantis Financial Services, was elected to Factorial’s board, giving Stellantis a direct governance role and closer technical oversight of integration and testing.
- The major open questions are manufacturing scale and timing for mass deployment, and investors have pushed Stellantis shares lower this year as the company balances the technology bet with broader market pressures.