I don't know if VW are in the EV line of numbers, but rest assured Fabian will be knocking on their door.
PowerCo SE is a company under the Volkswagen Group, focusing on global battery activities.
Headquartered in Salzgitter, Germany, PowerCo manages international factory operations, cell technology development, and the vertical integration of the value chain.
They also supply machinery and equipment to factories. Since its launch in July 2022,
PowerCo has expanded to three gigafactory locations: Salzgitter in Germany, Valencia in Spain, and St. Thomas in Canada.
The company aims to set up cell factories with a total capacity of 240 GWh/year by 20302.
ADO Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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