About PowerCo SE
- Industry
- Renewable Energy Equipment Manufacturing
- Company size
- 1,001-5,000 employees
- Headquarters
- Salzgitter, Lower Saxony
- Founded
- 2022
- Company type
- Public Company
- Company profile name
- 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.
Specialties
- battery production
- cell production
- unified cell
- emobility
- electric car
- sustainability
- clean energy
- renewable energy
- energy storage
- greentechnology
- and cleantechnology
Company locations
Industriestraße Nord, Salzgitter, Lower Saxony 38239 , DE
Locations listed on the company profile. These may include offices outside Canada, and not every location is hiring.
Business areas
- Industrial Manufacturing
- Battery
- Manufacturing
On LinkedIn
- Followers
- 92,004
- People linked to this company
- 2,404
People who list this company on LinkedIn, not a verified employee count. Figures reflect the saved company profile.
Funding raised
5,300,000,000 USD
Total reported by Crunchbase, in US dollars. This is funding raised, not company revenue or valuation.
Explore the company
Employer category
Other employer
Estimated from the company profile. This category has not been confirmed by the employer.