Volkswagen Battery Issue

Vaibhav Dingankar
5 months ago

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What happened to CEO on the scam

Volkswagen battery business PowerCo looking more intensively at external funding

SALZGITTER, Dec 17 () - Volkswagen's PowerCo is looking more closely at external financing options as its stricken German parent reins in investment, the CEO of the battery business said.5 billion) loss in the third ‌quarter and its CEO Oliver Blume recently announced a tighter investment budget as it faces intense competition in China, ‌U.