


PowerCo
Renewable Energy • Salzgitter, Lower Saxony, Germany • 2001-5000 Employees
Company overview
| Headquarters | Salzgitter, Lower Saxony, Germany |
| Websites | |
| NAICS | 3336 |
| Keywords | Clean Energy, Sustainability, Renewable Energy, Energy Storage, Emobility, Electric Car, Battery Production, Cleantechnology, Greentechnology, Cell Production, Unified Cell |
| Founded | 2022 |
| Employees | 2001-5000 |
| Socials |
Key Contacts at PowerCo
PowerCo Email Formats
PowerCo uses 2 email formats. The most common is {first name}.{last name} (e.g., john.doe@powerco.de), used 84.4% of the time.
| Format | Example | Percentage |
|---|---|---|
{first name}.{last name} | john.doe@powerco.de | 99.8% |
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.
PowerCo revenue & valuation
| Annual revenue | $350,000,000 |
| Revenue per employee | $165,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Renewable Energy industry and current estimated revenues | $1,120,000,000 |
| Total funding | $879,099,999 |
Employees by Management Level
Total employees: 2001-5000
Seniority
Employees
Employees by Department
PowerCo has 1,010 employees across 18 departments.
Departments
Number of employees
Funding Data
Explore PowerCo's funding history, including investment rounds, total capital raised, and key backers.
PowerCo Tech Stack
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Miscellaneous
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Digital asset management
Miscellaneous
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Frequently asked questions
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