Insights

Sustainability Focus PowerCo, a battery cell manufacturer with a strong sustainability commitment, aligns well with potential clients looking for eco-friendly energy solutions. Emphasizing the company's dedication to greener energy could entice environmentally conscious industries like renewable energy providers and electric vehicle manufacturers.

Expansion Plans With multiple cell factories under construction, PowerCo's significant ramp-up in battery production capacity presents a lucrative opportunity for selling battery cells to growing markets. Engaging with companies in need of battery solutions, such as energy storage providers and electronics manufacturers, could lead to substantial sales growth.

Cutting-Edge Technology PowerCo's tech stack, including Databricks and Kubernetes, hints at advanced data analytics and efficient operational capabilities. Highlighting the company's innovative technology infrastructure could attract tech-savvy clients seeking reliable and high-performance battery solutions for various applications.

Strong Financial Standing With a revenue range of $100M - 1B and substantial funding of $513M, PowerCo demonstrates financial stability and growth potential. Leveraging the company's financial health as a selling point could instill confidence in potential customers looking for long-term partnerships with a reliable battery supplier.

Competitive Positioning As a globally operating battery manufacturer founded by the Volkswagen Group, PowerCo holds a competitive edge in the market. Emphasizing the company's strong industry backing and global presence could help in positioning PowerCo as a preferred choice for clients seeking reputable and established battery suppliers.

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 FormatsExamplePercentage
First.Last@powerco.deJohn.Doe@powerco.de
50%
First.Last@powerco.deJohn.Doe@powerco.de
50%

Frequently Asked Questions

Where is PowerCo's headquarters located?

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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 stock symbol?

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PowerCo is a publicly traded company; the company's stock symbol is 3043.TW.

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

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

How much revenue does PowerCo generate?

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

What is PowerCo's NAICS code?

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

How many employees does PowerCo have currently?

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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?

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PowerCo operates in the Industrial Machinery Manufacturing industry.

What technology does PowerCo use?

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

What is PowerCo's email format?

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

How much funding has PowerCo raised to date?

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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?

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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.

Section iconCompany Overview

Headquarters
Industriestraße Nord Salzgitter, Lower Saxony 38239 DE
Website
powerco.de
Stock Symbol
3043.TW
NAICS Code
3332 - Industrial Machinery Manufacturing
Founded
2022
Employees
1001-5000

Section iconMedia & News

Section iconFunding & 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

Section iconFunding & 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

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