PowerCo SE
Stoyan Ivanov is a Process Development Engineer specializing in Battery Cell Manufacturing at PowerCo SE since September 2023. Prior to this role, Stoyan Ivanov spent a decade at Technische Universität Braunschweig as a Lithium Ion Battery Development Engineer, focusing on battery process engineering. Stoyan Ivanov's earlier experience includes serving as Leiter Technikum Elektrodenfertigung at WiTech Engineering GmbH, where research and development in lithium-ion batteries and process engineering were key responsibilities. Furthermore, Stoyan Ivanov worked as a scientific assistant at Technische Universität Braunschweig in the field of lithium-ion batteries. Educational qualifications include degrees in Electrical Engineering and Communication Technology from Technische Universität Braunschweig and University of Transport Sofia, with a practical internship at Moscow State University of Transport.
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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.