PowerCo SE
Jakob Siegemund is currently employed as a Senior Expert Coordinator in Process- and System Integration at PowerCo. Prior to this, Jakob held various roles at Volkswagen AG and Daimler Group Services Berlin in the areas of Digital Finance and Finance Specialist. Jakob also has experience as an Advisor at Volkswagen Financial Services AG and in Corporate Finance at Sparkasse Gifhorn-Wolfsburg. Jakob holds a Master of Science in Wirtschaftsinformatik from IU International University of Applied Sciences, a Bachelor of Science in Finance from Hochschule für Finanzwirtschaft & Management, and additional certifications from Sparkassenakademie Niedersachsen and IHK Lüneburg-Wolfsburg.
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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.