Volkswagen Keeps IPO Option Open for Supercharge, Energy Business: Report

Volkswagen Keeps IPO Option Open for Supercharge, Energy Business: Report

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  • of Volkswagen AG VWAGY The power and charging department is reportedly considering a possible listing.
  • The energy and charging division as well as the battery business PowerCo, prepares for a listing as part of a training plan by CEO Oliver Blume, Reuters reported.
  • The report quoted the division head as saying that the plan was to secure the structure of the business in the long term Elke Teme.
  • also read: Google and Porsche are trying to seal a deal for app access
  • The results of the training entitled “Virtual Equity Stories” will be distributed on a capital market day in 2023.
  • also read: Volkswagen warns of continued supply bottlenecks for semiconductors in 2023
  • Price promotion: VWAGY shares closed up 1.25% at $17.27 on Friday.
  • Photo via company

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