Volkswagen battery unit PowerCo reportedly ramping up production ahead of IPO

Jul. 15, 2022 1:24 PM ETVolkswagen AG (VWAGY)By: Val Kennedy, SA News Editor1 Comment

Volkswagen Golf GTE is charged at a charging station

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Volkswagen (OTCPK:VWAGY) is reportedly eyeing an IPO for its new PowerCo battery unit in addition to a spinout of its famed Porsche division.

The battery unit plans to start the IPO process in 2023. The

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