Webasto poised to sell its battery systems business

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 02 Nov, 14:00 UTC

According to media reports, Webasto is seeking to divest its battery systems division. CEO Jörg Buchheim stated that the company is in advanced negotiations with two strategic investors. A deal could be finalised later this year. The proceeds would provide financial relief to the struggling…