PowerCo’s Energy Storage Solutions (ESS) drive sustainable growth in the energy sector through innovative technologies.

PowerCo‘s Unified Cell offers maximum flexibility, enabling the entire range from cost optimized to high-end chemistries and solid state. It powers passengers cars, trucks and busses.

The Unified Cell covers a range of performance levels for use in passenger cars, trucks, buses, and energy storage systems.

Paula Vargas Santatecia | Head of Communications

Sebastian Krapoth | Chief Human Resources Officer

PowerCo, founded in 2022, is building gigafactories in Salzgitter, Valencia, and St. Thomas, Canada, with a combined capacity of up to 200 GWh. The company integrates the entire battery value chain to support sustainable battery production in Europe and North America.

Anne Hoerner | Senior Expert for Culture and Diversity

PowerCo’s standardized, yet flexible factory concept enables global unified cell production from Germany to the world.

PowerCo’s standardized factories produce a unified battery cell, enabling a flexible global production network that can scale in 20 GWh increments based on demand.

PowerCo is a battery company based in Europe and North America, aiming to accelerate electric mobility and renewable energy through local battery production.

The Code of Conduct outlines PowerCo’s corporate values and provides binding guidelines for ethical decision-making in daily operations and challenging situations.

Volkswagen Group’s PowerCo and Gotion High-tech are expanding their partnership to accelerate Europe’s battery supply chain. The companies will establish three joint ventures in **Valencia (Spain), Šurany (Slovakia), and Kenitra (Morocco)** to produce **LFP battery cells and cathode materials**. The collaboration also includes shared procurement and sales efforts, building on their cooperation since 2020.

Sep 2026Volkswagen GroupNews article

René Reif joins PowerCo SE as Chief Operations Officer and Executive Board member, effective April 1, 2026. He oversees operations planning, construction, and execution for the company. Reif previously led the St. Thomas gigafactory project in Canada and has over 30 years of experience at Daimler AG.

Mar 2026Volkswagen GroupNews article

PowerCo SE has commissioned its Salzgitter gigafactory and produced the first **Unified Cells** manufactured in Europe. This marks the first time the Volkswagen Group designs, develops, and produces battery cells entirely within Europe, advancing its technological independence. The cells will now be supplied to Volkswagen Group brands for final road testing ahead of their market debut.

Dec 2025Volkswagen GroupNews article

Alexander Schmitt joins PowerCo SE as Chief Procurement Officer and Executive Board member starting November 18, 2025. He previously led customer business at Anglo-American as Chief Marketing Officer. In his new role, Schmitt oversees procurement of raw materials, components, and equipment, along with supplier management for the Volkswagen Group subsidiary.

Nov 2025Volkswagen GroupNews article