PowerCo

PowerCo, a Volkswagen Group subsidiary founded in 2022 in Salzgitter, Germany, specializes in sustainable battery cell manufacturing for electric and commercial vehicles. Leveraging the Unified Cell concept and advanced solid-state technology, PowerCo targets 200 GWh annual production while upholding strict environmental standards.

Company Location

Country:

Germany

City:

Salzgitter

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Company Overview

PowerCo, established in 2022 as a wholly-owned subsidiary of the Volkswagen Group and based in Salzgitter, Germany, is a battery cell manufacturer dedicated to transforming the electric mobility sector. The company develops and produces sustainable battery solutions for passenger vehicles and commercial transport, aiming for 200 GWh annual production capacity while maintaining strict environmental standards and setting new benchmarks for efficiency and environmental responsibility.

Battery Technology

PowerCo’s Unified Cell concept is an adaptable battery format supporting multiple chemistry configurations for diverse vehicle applications, enabling cost-effective mass production. The company uses a proprietary dry coating technique that eliminates chemical solvents and industrial drying furnaces, reducing energy consumption by 30% compared to traditional processes and enhancing fast-charging capabilities. In collaboration with QuantumScape, PowerCo is advancing solid-state battery development by integrating ceramic separator technology with lithium-metal anodes, targeting up to 80 GWh annual capacity for solid-state batteries with increased energy density, faster charging, and improved safety.

Products

Recent Projects

In 2024 PowerCo secured an agreement with Novonix for 32,000 tonnes of synthetic graphite starting in 2027 at Novonix’s Riverside facility in Chattanooga, Tennessee. Construction is underway for PowerCo’s first overseas gigafactory in St. Thomas, Ontario, with a planned 90 GWh annual capacity. PowerCo and Volkswagen invested in Patriot Battery Metals to secure long-term lithium supplies.

Investors

PowerCo is wholly owned by the Volkswagen Group. It has no external investors.

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