Our mission has begun. We are starting our own battery cell production in Battery Valley in Salzgitter and the ramp-up of our global headquarters for global cell production. The Finance Division assumes entrepreneurial responsibility for all of the company's financial activities. The responsibilities range from the preparation of product and location decisions to supporting the areas in budget compliance and the processing of all financial transactions in SAP S4 Hana Cloud.

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.