Germany’s Volkswagen (VW), Europe’s biggest carmaker, is delaying plans to bring in outside investors for its battery business, PowerCo. The car industry is facing an increasingly harsh reality as it transitions to electric vehicles, with business prospects uncertain due to a slowdown in demand for electric vehicles. VW has suspended talks with investors after questions […]
The post Volkswagen Delays Plans for IPO of Battery Unit Amid Uncertain Electric Vehicle Demand appeared first on News Directory 3.
technology today: 2024-05-05 06:43:00
May 5, 2024
No Comments