Recently, according to foreign media reports, Volkswagen Group is planning to make its power battery division a brand new company and list independently to attract more external funds to expand its scale. The Volkswagen Group is expected to have a small but voting stake in the company.
The company's goal is to cover the entire power battery industry chain, and will have 6 gigabit capacity battery factories by 2030, with a total capacity of 240GWh/year.
According to overseas media reports, Thomas Schmall, a member of volkswagen's board of directors and CEO of Volkswagen Group Parts, hinted at this possibility: "If the sales of electric vehicles grow as we expected, it makes sense to bring in outside investors while we still dominate."
In other words, Volkswagen's internal battery division will be spun off as a subsidiary, and perhaps joint ventures with other manufacturers will become a satellite supplier to the Volkswagen Group in the future, and even provide power batteries for other car brands.
Recently, there have been many "big factories" under the power battery division are seeking independent IPOs, including LG Energy Solutions under LG Chem (LG Chem), which is about to go public, and SK On, which is owned by SK Innovation.
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