10 Undervalued Stocks with High Upside Potential

8. Stellantis (NYSE:STLA)

Average Upside Potential: 53.97%

Stellantis (NYSE:STLA) is one of the undervalued stocks with high upside potential. On June 11, Stellantis and Factorial (NASDAQ:FAC) announced the first North American road testing of an EV powered by advanced solid-state battery technology. Integrated into a Dodge Charger Daytona, the battery uses Factorial’s FEST system, which leverages a patented mechanical architecture to deliver high energy density and ultra-fast charging capabilities.

This milestone marks a shift from laboratory validation to real-world application, with the ongoing test program designed to tune system performance, safety, and durability. By showing compatibility with existing lithium-ion manufacturing processes, the project provides a critical path toward scaling high-performance, cost-effective solid-state batteries for future mass-market vehicles.

The collaboration represents a significant step in the companies’ multi-stage development program. By successfully adapting vehicle control systems and pack designs to meet automotive standards, Stellantis (NYSE:STLA) and Factorial are setting a new industry benchmark for bringing solid-state technology closer to widespread commercial use.

Stellantis (NYSE:STLA) is a Netherlands-based multinational automaker, producing passenger vehicles, pickup trucks, and SUVs. The company makes vehicles for the mass market and luxury segments. Its vehicle brands include Jeep, RAM, Dodge, and Maserati.