Why top car makers want to list on the stock market
The long-understood playbook of building engine blocks and buying in most other parts no longer works if you’re having to reach deep into the supply chain to secure your share of precious semiconductors, battery materials and software expertise to build the new generation of smart EVs.had that thought when it looked at its truck division, which it spun off in December.
Aurobay “aims to be a leading player in the supply of high-quality, low-emissions, cost-efficient powertrain solutions”, according to Volvo.Group CEO Luca de Meo has said that his company could split its EV powertrain activities from its ICE ones, with the legacy business moved out of Europe.The thinking employed by the likes of Mercedes , Renault and Volkswagen is that the world is splitting into two tiers.
Could the Volkswagen Group also split off Skoda? It would avoid future public relations black marks like that at COP26. The move mirrors one that’s playing out within the automotive supplier industry Mega-supplier Continental is going about it two ways. On the other side, German media reported in February that Continental is considering a flotation of its Autonomous Mobility division. The hope being, presumably, that investors would value it on potential future earnings, rather than its current revenue.
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