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Volkswagen reportedly weighs selling stake in robotaxi unit

Volkswagen aims to eventually generate billions in annual revenue from its robotaxi offerings. By Stewart Burnett

Volkswagen is exploring a major capital increase for its ADMT/Moia robotaxi unit by selling off a minority stake to external investors or strategic partners, according to a report in German outlet Manager Magazin. The automaker has begun searching for buyers as part of a wider review of its holdings, although it intends to retain control of the autonomous taxi venture that it believes could generate billions in revenue in the future.

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