PowerCo Employee Directory
Renewable Energy Equipment ManufacturingLower Saxony, Germany1001-5000 Employees
PowerCo is a battery cell manufacturer in the renewable energy equipment sector, headquartered in Salzgitter, Lower Saxony, Germany. It was founded in 2022 by the Volkswagen Group and operates globally, developing and manufacturing battery cells and pursuing vertical integration of the value chain. PowerCo is ramping up three cell factories capable of delivering up to 200 gigawatt-hours annually, located in Salzgitter, Germany; Valencia, Spain; and St. Thomas, Canada. The company employs between 1,001 and 5,000 people. Reported revenue is in the range of $500 million to $1 billion. PowerCo positions itself as rooted in Europe and dedicated to sustainable energy solutions.