Volkswagen Considers Selling Stake In Robotaxi Unit Amid Broader Shake-Up

Volkswagen is exploring the sale of a minority stake in its autonomous driving and mobility unit ADMT, which operates the Moia robotaxi service, as part of a broader push to attract external capital. 

The move is reportedly part of a larger restructuring initiative that includes seeking strategic or financial partners for several business areas, though they exclude the company’s core car and battery divisions.

ADMT draws investment interest

According to Manager Magazin, VW has begun pursuing a “major capital increase” for ADMT and is already in talks with potential partners. ADMT oversees VW’s robotaxi program, supplying autonomous ID. Buzz vehicles, fleet management, and sensor software. 

Executives believe the robotaxi business could become a multibillion-euro revenue stream. ADMT chief Christian Senger, formerly head of VW’s software unit Cariad, is leading the effort. Despite the planned partial stake sale, VW CEO Oliver Blume reportedly wants to “retain control over ADMT and thus Moia. But bringing in a strategic partner and potentially financial investors would be beneficial,” according to electrive.

Not limited to ADMT

The investment push isn’t limited to ADMT. VW is also seeking partners or buyers for other subsidiaries, including Porsche-owned MHP (an IT consultancy) and engineering firm IAV. The company is also reviewing lesser-known holdings such as engine manufacturer Everllence and Porsche’s stake in U.S. software firm Applied Intuition. Negotiations over Everllence have reportedly grown contentious, with internal disagreements causing frustration among investors and bankers.

That said, VW has ruled out seeking outside investors for its core car brands and battery unit PowerCo. Although speculation had swirled about third-party involvement in PowerCo to offset high development costs, management wants to prove the battery unit’s production capabilities before entertaining offers.

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