If you’re wondering how much Volkswagen is worth, you’re not alone. There are plenty of people wondering how much the company will be worth by 2021. Volkswagen’s operations in China have grown exponentially over the last decade, making the country the company’s largest market. At the end of January 2021, Lower Saxony state owned around 20% of Volkswagen, and it’s hard to imagine a future without it.
While Volkswagen was founded in Germany, its headquarters are located there. Its affiliated brands are located in Europe, and it has a global presence through associated companies. Volkswagen is particularly active in Asia, where it competes with local brands such as Toyota and Honda. As a result, its net worth is likely to grow rapidly over the next few years. Volkswagen net worth 2021 will likely reach more than $26 billion, and it will be the second-largest automaker in the world, behind Toyota.
Porsche is expected to be worth nearly as much as VW’s EUR110 billion market cap. Analysts estimate that Porsche could be worth anywhere between EUR90 billion and EUR110 billion. VW would keep control of the highly profitable Porsche, while using funds from the IPO to further develop electric vehicles. But the question remains, can VW raise such a large amount of cash? Volkswagen has said it is in advanced discussions about an IPO, confirming earlier reports.
Volkswagen Group’s revenue grew by 24.7 percent in its fiscal year 2021, and it secured a spot in the ranking of the world’s wealthiest companies. VW’s largest contributor to revenue, the Volkswagen Passenger Cars division, accounted for 30.4 percent of VW’s revenue in 2021. The company’s lineup of vehicles includes minivans, hatchbacks, and sedans. It also produces sport utility vehicles, SUVs, and minivans.