Automakers

VW's potential battery IPO attracts high investor interest, top shareholder says

VW Battery production
VW battery production is pictured. (BLOOMBERG)
R
By:
Reuters
March 23, 2023 01:24 PM

Volkswagen Group is receiving extremely high interest from investors for a stock market listing of its battery unit PowerCo, the chairman of the automaker's largest shareholder Porsche SE said.

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