PowerCo SE
Frank Blome is currently serving as the CEO of PowerCo SE. Prior to this, Frank held various executive positions at companies like Volkswagen AG, QSV Operations LCC, QuantumScape, LiTec Battery GmbH, and Deutsche Accumotive GmbH & Co. KG. With a background in Electrical and Electronics Engineering from FH Bielefeld, Frank has extensive experience in the battery and automotive industry.
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PowerCo SE
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The Volkswagen Group is bundling its global battery activities in the European company (SE) PowerCo. From Salzgitter, the company will, with immediate effect, manage international factory operations, the further development of cell technology, the vertical integration of the value chain and the supply of machinery and equipment to the factories. Looking ahead, further products such as major storage systems for the energy grid are planned. Since its launch in July 2022, PowerCo has already decided three gigafactory locations: Salzgitter in Germany, Valencia in Spain and St. Thomas in Canada. The company plans to set up cell factories with a total capacity of 240 GWh/year in 2030.