Insights

Sustainable Growth PowerCo's strong commitment to sustainability and its focus on developing eco-friendly battery technologies present significant opportunities for partners and suppliers specializing in green energy solutions, recycled materials, and sustainable manufacturing processes.

Expanding Capacity With three large-scale battery cell factories in Germany, Spain, and Canada capable of up to 200 gigawatt-hours annually, PowerCo offers prospects for equipment suppliers, automation technology providers, and raw material vendors seeking to serve high-volume production facilities.

Strategic Partnerships PowerCo's collaborations with industry leaders like Volkswagen and academic institutions such as the University of Münster indicate an openness to innovative research, opening avenues for advanced component suppliers, R&D partners, and joint development initiatives.

Market Expansion Investments in North American lithium companies and regional partnerships demonstrate PowerCo's strategic expansion in critical raw material sourcing and regional market penetration, creating opportunities for suppliers across the supply chain, including mining, logistics, and local manufacturing.

Safety and Innovation PowerCo's award-winning safety initiatives and cutting-edge research collaborations suggest a focus on advanced battery chemistry and safety solutions, providing avenues for specialized safety equipment providers, testing services, and innovative battery component solutions.

Similar companies to PowerCo

PowerCo Tech Stack

PowerCo uses 8 technology products and services including SAP Profitability Analysis, CCPA, Azure Stack, and more. Explore PowerCo's tech stack below.

  • SAP Profitability Analysis
    Business Intelligence
  • CCPA
    Certificates
  • Azure Stack
    Cloud Infrastructure Computing
  • Dayforce HCM
    Human Resource Management System
  • Splunk
    Miscellaneous
  • Onguard
    Retail Analytics Software
  • PCI DSS
    Risk And Compliance
  • HSTS
    Security

PowerCo's Email Address Formats

PowerCo uses at least 1 format(s):
PowerCo Email FormatsExamplePercentage
First.Last@powerco.deJohn.Doe@powerco.de
100%

Frequently Asked Questions

What is PowerCo's stock symbol?

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

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 LinkedInCrunchbase.

What is PowerCo's NAICS code?

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PowerCo's NAICS code is 3359 - Other Electrical Equipment and Component Manufacturing.

How many employees does PowerCo have currently?

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As of July 2026, PowerCo has approximately 2.4K employees across 5 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 Renewable Energy Equipment Manufacturing industry.

What technology does PowerCo use?

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PowerCo's tech stack includes SAP Profitability AnalysisCCPAAzure StackDayforce HCMSplunkOnguardPCI DSSHSTS.

What is PowerCo's email format?

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PowerCo's email format typically follows the pattern of First.Last@powerco.de. Find more PowerCo email formats with LeadIQ.

How much funding has PowerCo raised to date?

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As of July 2026, PowerCo has raised $879M 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 logo

PowerCo

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.

Section iconCompany Overview

Website
powerco.de
Stock Symbol
PWCM
NAICS Code
3359 - Other Electrical Equipment and Component Manufacturing
Founded
2022
Employees
1001-5000

Section iconFunding & Financials

  • $879M

    PowerCo has raised a total of $879M of funding over 2 rounds. Their latest funding round was raised on Apr 21, 2023 in the amount of $513Mas a undisclosed.

  • $500M$1B

    PowerCo's revenue is estimated to be in the range of $500M$1B

Section iconFunding & Financials

  • $879M

    PowerCo has raised a total of $879M of funding over 2 rounds. Their latest funding round was raised on Apr 21, 2023 in the amount of $513Mas a undisclosed.

  • $500M$1B

    PowerCo's revenue is estimated to be in the range of $500M$1B

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