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Volkswagen wants to prepare charging business for outside investors

2024.06.07 10:55

BERLIN (Reuters) – Volkswagen (ETR:) is preparing its energy and charging division for outside investors, the carmaker’s board member in charge of technology said on Friday, adding he was open to different options for a possible standalone future for the unit.

© Reuters. Member of the Board of Management Volkswagen AG Technology Thomas Schmall speaks during a press conference before the groundbreaking ceremony for German carmaker Volkswagen's first battery cell production plant 'SalzGiga' in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch

“We always prepare in such a way that we also have equity stories … so that we can also focus on external capital inflows,” Thomas Schmall said at an event in Berlin when asked about a possible listing of the business.

“And we’re open.”



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