Company intelligence
PowerCo
About PowerCo
At PowerCo, we are shaping the battery future. Founded by the Volkswagen Group in 2022, PowerCo is a globally operating battery cell manufacturer with a strong commitment to sustainability. The company, headquartered in Salzgitter, is rooted in Europe and is responsible for the development and production of battery cells, as well as the vertical integration of the value chain. PowerCo is currently ramping-up three cell factories with a combined capacity of up to 200 gigawatt-hours per year: Salzgitter in Germany, Valencia in Spain, and St. Thomas in Canada. Our company is dedicated to driving sustainable energy solutions that contribute to a greener future, leveraging our expertise and innovation to make a positive impact on the global energy landscape.
Verified activity
Signals from PowerCo
3 published signals
Operations & Supply
PowerCo Spain CEO Ralf Schmid led the ramp-up preparation of PowerCo's gigafactory in Salzgitter and brought his experience to Sagunto for battery cell production.
Reported by PowerCo
People
PowerCo learned that the biggest learning has not been about batteries, technology or manufacturing.
Reported by Ricardo Guerrero
People
PowerCo emphasizes helping transform business strategy into organizational capabilities, attracting and developing talent, strengthening leadership, building culture, connecting industry with education, and creating an environment where people can contribute their best.
Reported by Ricardo Guerrero