Volkswagen is orchestrating a multi‑pronged capital strategy—Porsche IPO proceeds, tech‑focused equity stakes, and joint ventures—to bankroll its electrification and AI ambitions while off‑loading risk and accelerating innovation. Together, these moves aim to turn VW’s vast balance‑sheet strength into a self‑reinforcing flywheel where fresh capital funds new tech platforms that, in turn, create high‑margin software and service revenues.