Stellantis halts three French plants on EV battery shortage

Stellantis will idle its Sochaux plant and two other French factories for up to two weeks starting October 23 due to a shortage of long-range EV batteries, despite strong demand for the Peugeot 3008/5008. The halt signals supply-chain constraints in EV battery availability, potentially impacting production volumes and revenue. The company cites demand outstripping supply, but the duration and scope suggest a systemic bottleneck.