Sports car manufacturer Koenigsegg is considering a public listing in the coming years, primarily to provide employees with the opportunity to own a larger stake in the company and thereby bolster recruitment and loyalty among engineers. Founders Christian and Halldora von Koenigsegg shared these insights in an interview with Bloomberg Businessweek.
The company lacks a fixed timetable for an IPO, but according to reports provided to Bloomberg, investment bankers have visited the factory over the past year.
Koenigsegg has also strengthened its management team with several individuals possessing experience from Volvo Cars' 2021 listing, including CFO Johan Ekdahl.
Volvo Car AB is a Sweden-based automotive brand. Volvo Car Group is focused on the design, engineering, manufacturing, distribution and sale of passenger cars, with particular focus on sustainability, fully electric cars and direct consumer relations, including subscription and other new mobility services. Volvo Car Group’s addressable market is the global premium passenger car market. Moreover, the Company’s intention is to be a pure electric car company and as a result it is undergoing a shift in its business model to a direct sales model in most of its markets. Volvo Cars’ commitment to electrification also results in the launch of Polestar, a progressive stand-alone electric performance car brand, in which Volvo Cars owns shares. Volvo Cars also holds shares in the automotive brand LYNK&CO, which focuses on young open-minded urban people through a flexible customer offering.
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