PowerCo
Automotive Parts · Germany · 1K - 5K Employees
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Overview
Headquarters
Industriestraße Nord, Salzgitter, Lower ...Website
www.powerco.deRevenue
$454.4 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
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About PowerCo
PowerCo SE is planning to introduce a completely new manufacturing process in its battery cell production plants in Europe and Northern America. The new technology will significantly boost efficiency and sustainability in volume battery cell production. A subsidiary of Volkswagen Group and based in Salzgitter, Niedersachsen, the battery company aims to industrialize the so-called Dry Coating procedure. The technology allows a decrease in energy consumption of about 30 percent, internal tests have already proven successful. Together with German printing machine specialist Koenig & Bauer AG, PowerCo will further develop and industrialize the Dry Coating procedure.Explore more
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PowerCo is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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PowerCo is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about PowerCo.
PowerCo Tech Stack
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PowerCo News & Media
Volkswagen battery business PowerCo looking more intensively at external funding
SALZGITTER, Dec 17 () - Volkswagen's PowerCo is looking more closely at external financing options as its stricken German parent reins in investment, the CEO of the battery business said.5 billion) loss in the third quarter and its CEO Oliver Blume recently announced a tighter investment budget as it faces intense competition in China, U.Volkswagen’s PowerCo secures battery materials supply deal
The five-year agreement with Australia-based Novonix, a manufacturer of synthetic graphite material, is slated to start in 2027.Novonix signs five-year supply deal with Volkswagen's PowerCo | Finance News Network
25 Nov 2024 - Novonix (ASX:NVX) has secured a binding agreement with Volkswagen subsidiary PowerCo SE to supply a minimum of 32,000 tonnes of high-performance synthetic graphite from 2027 to 2031.Volkswagen: appointment of PowerCo's future CTO - MarketScreener
Volkswagen announces that HW Vassen will join the Management Board of PowerCo SE and take up the position of Chief Technology Officer of the company as of August 1, 2024.This appointment has been...
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PowerCo SE is planning to introduce a completely new manufacturing process in its battery cell production plants in Europe and Northern America. The new technology will significantly boost efficiency and sustainability in volume battery cell production. A subsidiary of Volkswagen Group and based in Salzgitter, Niedersachsen, the battery company aim... Read More
