Volkswagen deepened battery partnership: Volkswagen AG stock falls 2.35 percent
Published on 10/08/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Volkswagen AG (ISIN DE0007664039) stock stood at EUR 68.26 at Lang & Schwarz on October 8, 2026 at 11:11 a.m. CEST, down 2.35 percent from the EUR 69.90 prior close. On September 28, 2026, Volkswagen Group deepened its battery partnership with PowerCo and Gotion through three planned joint ventures, according to Volkswagen.
Three sites anchor the battery plan
The planned ventures cover LFP battery cells in Valencia, Spain, and Surany, Slovakia, plus cathode material in Kenitra, Morocco. The agreement extends cooperation that began in 2020 into industrial production, joint procurement and European sales.
PowerCo is expected to contribute EUR 470 million by 2030 for a 49 percent stake in the Surany and Kenitra ventures. Gotion is expected to invest EUR 1.10 billion for a 49 percent stake in the Valencia venture, while PowerCo would retain a 51 percent majority there.
H1 figures show the pressure
Volkswagen Group reported EUR 158.1 billion of revenue in the first half of 2026, compared with EUR 158.4 billion in the first half of 2025. Operating profit fell 11.6 percent to EUR 5.9 billion, producing a 3.8 percent operating margin, according to Volkswagen Group.
Vehicle deliveries fell 8.4 percent to 4.0 million units in the same period. The comparison matters because the battery expansion is being pursued while the core operating result is under pressure.
Stock trades below its yearly high
The Lang & Schwarz price was 37.42 percent below the 52-week high of EUR 109.15 and 1.85 percent above the 52-week low of EUR 67.02 on October 8, 2026. The primary listing is on Xetra, where the finance data quote showed EUR 68.34 at 9:02 a.m. CEST on the same date.
For investors, the partnership adds manufacturing capacity and supply-chain control, but the first-half margin of 3.8 percent leaves execution and profitability as the nearer financial test. The next scheduled group report is listed for October 29, 2026, covering the first nine months of the year.
The further course of trading is shown by the continuously updated real-time quote of Volkswagen AG stock.
Volkswagen AG stock facts
- Company: Volkswagen AG
- ISIN: DE0007664039
- WKN: 766403
- Ticker: VOW3
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 8, 2026, 11:11 a.m. CEST): EUR 68.26
- Change versus prior close: minus 2.35 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 69.90
- Market capitalization: EUR 34.3 billion (as of October 8, 2026)
- 52-week range: EUR 67.02-EUR 109.15 (as of October 8, 2026)
- Sector / Industry: Consumer Discretionary / Automobile Manufacturers
