Automakers

VW in talks with pre-IPO investors for battery unit, report says

VW battery production Salzgitter web.jpg
VW battery production is pictured in Salzgitter, Germany.
R
By:
Reuters
November 18, 2022 01:16 PM

FRANKFURT -- Volkswagen Group is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with the matter told Reuters.

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