PowerCo
PowerCo is Volkswagen Group’s battery company, developing and manufacturing battery cells and energy-storage products for electric mobility and renewable energy.
Last updated September 25, 2026
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Overview
PowerCo is a German battery company founded by Volkswagen AG in 2022 to develop battery production and supply capabilities for electric mobility and energy storage. The company describes itself as a battery business based in Europe and North America, with a mission to support the transition to electric mobility and renewable energy by building a local battery industry. Volkswagen Group is its 100% shareholder and a key customer, giving PowerCo a close connection to the automaker’s electric-vehicle business while the company builds its own battery operations. PowerCo’s central product concept is the Unified Cell, a flexible battery-cell format intended to accommodate different chemistries and performance or cost requirements. The company says it can serve passenger cars, trucks and buses, with configurations ranging from cost-optimised to high-end chemistries and solid-state technology. PowerCo also offers cells, packs and cubes for energy-storage systems based on the Unified Cell format. The supplied materials identify partnerships with QuantumScape, Gotion and Umicore, and describe work on technologies including dry coating, high-speed stacking and solid-state batteries. The company is establishing a production footprint in Salzgitter, Germany; Valencia, Spain; and St. Thomas, Canada. Its website says it is ramping up gigafactories at these locations and targets total capacity of up to 200 GWh. PowerCo presents sustainability as central to its strategy, including carbon-neutral production ambitions, environmental process innovations, responsible raw-material sourcing and a closed-loop approach. A German-language Wikipedia excerpt supplied with the evidence reports that series cell production began in Salzgitter in December 2025; this is a reported milestone rather than a detail stated in the cited official-site excerpts. PowerCo’s positioning combines the scale and backing of Volkswagen Group with the flexibility of a dedicated battery company. Its stated focus is to build a more local, integrated battery value chain in Europe and North America and supply batteries for Volkswagen Group vehicles as well as energy-storage applications. The evidence identifies Frank Blome as chief executive officer and Thomas Schmall as chairman of the supervisory board.
History
Volkswagen AG founded PowerCo in 2022 with the aim of building a dedicated battery business and developing cell production for the group. The company’s stated ambition is broader than supplying a single vehicle program: it aims to establish a local battery industry and build capabilities across the battery value chain. In a statement quoted on its About Us page, supervisory-board chairman Thomas Schmall described the goal of becoming a global battery player and bringing relevant activities in-house. The company presents its relationship with Volkswagen Group as a combination of full ownership, a key customer relationship and the backing of a major automotive group. From its creation, PowerCo’s strategy has centred on the Unified Cell, a standardised and adaptable cell format intended to support different chemistries and vehicle requirements. The German Wikipedia excerpt in the supplied evidence says the initial plan was to produce cells for Volkswagen Group from 2025, including a prismatic VW unified cell. It also describes a strategy in which PowerCo would manufacture part of the group’s unified-cell requirements and source the remainder externally. According to that excerpt, the architecture is designed to accommodate chemistries including nickel-manganese-cobalt (NMC), lithium iron phosphate (LFP) and sodium-ion technology, while a partnership with QuantumScape concerns solid-state cells based on the unified format. These points are reported in the supplied encyclopedia excerpt; the official-site excerpts describe the product range more generally. PowerCo has been developing a multi-site manufacturing footprint. Its official About Us page identifies locations in Salzgitter, Germany; Valencia, Spain; and St. Thomas, Canada, and says gigafactories are being ramped up there with a targeted combined volume of up to 200 GWh. The company frames these investments as a way to build a supply chain as locally as possible and strengthen battery production in Europe and North America. The German Wikipedia excerpt gives further detail on a first-stage Salzgitter capacity plan of up to 20 GWh, with potential expansion to 40 GWh, and reports that series cell production began there in December 2025. The supplied German Wikipedia account also describes steps to expand upstream and materials-related capabilities. It says Volkswagen and Umicore announced a joint venture in 2022 and that PowerCo announced a new battery-materials factory in Nysa, Poland, in 2023. The planned facility was associated with Ionway and intended to produce cathode materials; the excerpt describes a target start of production in 2025 and longer-term capacity and investment ambitions. The evidence also notes PowerCo’s work with Koenig & Bauer on a solvent-free electrode dry-coating process. Separately, PowerCo’s official product page names QuantumScape, Gotion and Umicore as partners and identifies dry coating, high-speed stacking and solid-state technology as innovation areas. PowerCo presents sustainability as an operating principle, citing carbon-neutral production ambitions for its gigafactories, responsible raw-material sourcing, environmental process innovation and a closed-loop approach. Its product scope includes cells for road vehicles and cells, packs and cubes for energy-storage systems. The supplied evidence identifies Frank Blome as chief executive officer and Thomas Schmall as supervisory-board chairman. Together, the company’s stated plans and products position it as Volkswagen Group’s battery-focused operating company, with a growing manufacturing network intended to support electric mobility and energy storage.
PowerCo founded by Volkswagen
Volkswagen and Umicore announce a joint venture
PowerCo announces a battery-materials factory in Nysa, Poland
Reported start of series cell production in Salzgitter
Products and positioning
A Volkswagen-backed battery company seeking to build a local, integrated and sustainable battery industry in Europe and North America, serving electric mobility and energy storage.
Unified Cell
A flexible battery-cell format that PowerCo says can support passenger cars, trucks and buses and a range of chemistries and performance or cost requirements.
ESS cells, packs and cubes
Energy-storage-system offerings based on PowerCo's Unified Cell format.
Brand decisions
- Build an integrated, locally supplied battery value chainOther
- Develop the Unified Cell platform for multiple applicationsOther
- Make sustainability a production and sourcing priorityOther
Recent events
Sources7 sources
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