Startups
PowerCo SE is a company that specializes in the production of batteries for electric vehicles. The company has a plant that is expected to reach an annual capacity of 40 GWh - enough for about 500, electric vehicles. By 2030, the Volkswagen Group intends to operate six cell factories with a total volume of 240 GWh throughout Europe together with partners. The new unified cell exploits synergy effects and will reduce battery costs by up to 50 percent.
Overview
Location
New Zealand, Taranaki Region, New Plymouth
Employees
201-500
Founded date
1999
Mentions in press and media 5
| Date | Title | Description |
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| Sep 14, 2026 | PMET Resources Invited to Participate in Prime Minister Carney's Canada Investment Summit | MONTREAL, Sept. 14, 2026 /PRNewswire/ -- HIGHLIGHTS PMET Resources has been invited to participate in the Canada Investment Summit on September 14-15, 2026, in Toronto, Canada, with its 100%-owned Shaakichiuwaanaan critical minerals Project... |
| May 19, 2026 | PMET Resources Receives Government-Backed Letters of Support for Shaakichiuwaanaan Financing | MONTREAL, May 19, 2026 /PRNewswire/ -- May 19, 2026 – Sydney, Australia Highlights PMET has received non-binding letters of support from Export Development Canada ("EDC"), Germany's KfW IPEX-Bank and another major Canadian Governm... |
| Sep 24, 2025 | Holy Technologies raises €4.3M to build autonomous factory for composites | Holy Technologies has raised €4.3 million to launch the world's first autonomous factory for lightweight components, which are essential for reducing fuel consumption, increasing range, and enhancing efficiency in various industries. Powere... |
| Jan 22, 2025 | PATRIOT ANNOUNCES CLOSING OF C$69 MILLION STRATEGIC INVESTMENT, OFFTAKE AND STRATEGIC PARTNERSHIP WITH VOLKSWAGEN AND POWERCO | VANCOUVER, BC, Jan. 22, 2025 /PRNewswire/ -- January 22, 2025 – Sydney, Australia Patriot Battery Metals Inc. (the "Company"or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it h... |
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FAQ about PowerCo
When was PowerCo founded?
PowerCo was founded in 1999.
What has the press written about PowerCo?
Parsers VC has collected 5 articles mentioning PowerCo, among them “PMET Resources Invited to Participate in Prime Minister Carney's Canada Investment Summit” (Sep 14, 2026) and “PMET Resources Receives Government-Backed Letters of Support for Shaakichiuwaanaan Financing” (May 19, 2026).
Is PowerCo still active?
Yes, PowerCo is active; its latest activity on Parsers VC dates from Sep 28, 2026.