German carmaker Volkswagen mulls IPO for battery business
Published: Friday, 04 June 2021
German-based carmaker Volkswagen Group is mulling the possibility of launching an initial public offering (IPO) for its new battery division, a spokesperson for the company confirmed to Fastmarkets.
"We're exploring different possibilities to move forward
with our battery business and an IPO would be one possible
solution to go forward in terms of the localization strategy
for battery production but we haven't made an official decision
yet and at the...