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Strategic Partnerships PowerCo has established key partnerships with industry leaders like QuantumScape, Uni Muenster, and Novonix Limited, indicating potential collaboration opportunities to leverage their network and expertise for mutual growth.

Vertical Integration As a vertically integrated battery manufacturer, PowerCo controls the entire value chain from development to production, presenting opportunities for B2B sales of battery cells and technology solutions to partners seeking sustainable energy solutions.

Global Expansion With cell factories in Germany, Spain, and Canada, PowerCo's global footprint opens opportunities for international sales and partnerships in regions looking to adopt advanced battery technologies for electric vehicles and renewable energy storage.

Industry Recognition PowerCo's collaboration with renowned institutions like BACCARA and focus on advanced battery research positions the company as an industry leader, creating potential sales prospects for cutting-edge battery materials and technologies.

Public Listing Following its IPO, PowerCo's public status offers sales professionals the chance to engage with investors, analysts, and stakeholders, presenting opportunities for strategic alliances, joint ventures, and technology licensing agreements to further drive market penetration and revenue growth.

Similar companies to PowerCo

PowerCo Tech Stack

PowerCo uses 8 technology products and services including Databricks, Kubernetes, Adobe Experience Manager, and more. Explore PowerCo's tech stack below.

Databricks
Big Data Processing
Kubernetes
Containerization
Adobe Experience Manager
Content Management System
Exhibit
Javascript Graphics
scikit-learn
Machine Learning
Informatica MDM
Product Information Management
Video.js
Video Players
YouTube
Video Players

Media & News

PowerCo's Email Address Formats

PowerCo uses at least 1 format(s):

PowerCo Email Formats	Example	Percentage
First.Last@powerco.de	John.Doe@powerco.de	50%
First.Last@powerco.de	John.Doe@powerco.de	50%

Frequently Asked Questions

Where is PowerCo's headquarters located?

PowerCo's main headquarters is located at Industriestraße Nord Salzgitter, Lower Saxony 38239 DE. The company has employees across 6 continents, including EuropeNorth AmericaAsia.

What is PowerCo's official website and social media links?

PowerCo's official website is powerco.de and has social profiles on LinkedIn.

How much revenue does PowerCo generate?

As of October 2024, PowerCo's annual revenue reached $750M.

What is PowerCo's NAICS code?

PowerCo's NAICS code is 3332 - Industrial Machinery Manufacturing.

How many employees does PowerCo have currently?

As of October 2024, PowerCo has approximately 1.4K employees across 6 continents, including EuropeNorth AmericaAsia. Key team members include Chief Operating Officer: S. W.Chief Human Resources Officer: S. K.Chief Financial Officer: K. A. M.. Explore PowerCo's employee directory with LeadIQ.

What industry does PowerCo belong to?

PowerCo operates in the Industrial Machinery Manufacturing industry.

What technology does PowerCo use?

PowerCo's tech stack includes DatabricksKubernetesAdobe Experience ManagerExhibitscikit-learnInformatica MDMVideo.jsYouTube.

What is PowerCo's email format?

PowerCo's email format typically follows the pattern of . Find more PowerCo email formats with LeadIQ.

How much funding has PowerCo raised to date?

As of October 2024, PowerCo has raised $513M in funding. The last funding round occurred on Apr 21, 2023 for $513M.

When was PowerCo founded?

PowerCo was founded in 2022.

PowerCo

PowerCo

Industrial Machinery ManufacturingLower Saxony, Germany1001-5000 Employees

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.

Company Overview

Headquarters: Industriestraße Nord Salzgitter, Lower Saxony 38239 DE
Website: powerco.de
NAICS Code: 3332 - Industrial Machinery Manufacturing
Founded: 2022
Employees: 1001-5000

Media & News

Funding & Financials

$513M
PowerCo has raised a total of $513M of funding over 1 rounds. Their latest funding round was raised on Apr 21, 2023 in the amount of $513M.
$100M$1B
PowerCo's revenue is in the range of $100M$1B

Funding & Financials

$513M
PowerCo has raised a total of $513M of funding over 1 rounds. Their latest funding round was raised on Apr 21, 2023 in the amount of $513M.
$100M$1B
PowerCo's revenue is in the range of $100M$1B

Company Leadership

S. W.
Chief Operating Officer
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S. K.
Chief Human Resources Officer
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K. A. M.
Chief Financial Officer
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A. E.
Chief Information Officer
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M. R.
Chief Risk Officer / Head Of Risk Management
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Employee Directory

M. R.
Chief Risk Officer / Head Of Risk Management
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T. K.
Chief Information Security Officer
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L. S.
Secretary To Cfo Powerco Se
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T. D.
Executive Assistant To Cto
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H. N.
Head Of Talent
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