Volkswagen CFO: IPO in battery division could come next
FRANKFURT (Reuters) – Volkswagen does not rule out an initial public offering for its battery division now that it has completed the IPO of Porsche AG, Chief Financial Officer Arno Antlitz told Reuters on Thursday.
Speaking in an interview, Antlitz also said he expected a chip shortage to last into 2024 and that the company was doing all it could to reduce waiting times for electric vehicles.
(Reporting by Victoria Waldersee and Emma-Victoria Farr; writing by Matthias Williams; editing by Rachel More)
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