Volkswagen no longer considers selling shares or potentially listing PowerCo's assets a priority this year or next.
The Wolfsburg group is reportedly postponing plans to seek external investors for its battery unit in a cooling electric vehicle market. Europe's largest carmaker is also facing doubts about its ability to produce, according to Bloomberg. your own scale batteries.
The situation remains fluid and VW could still go ahead with plans if the market improves.
IPOs had their worst year in more than a decade in 2023 as interest rates soared
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