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Power Co Se Appoints Alexander Schmitt As Chief Procurement Officer

PRIVATENov 21, 2025•7 months ago

Position

Chief Procurement Officer

Company

PowerCo

Alexander Schmitt

SalzgitterManufacturingAnalytics

Description

Alexander Schmitt has been appointed as the Chief Procurement Officer of PowerCo SE, effective November 18, 2025. He brings extensive experience from the mining sector, having previously worked as Chief Marketing Officer at Anglo-American.

Company Information

Company

PowerCo

Location

Salzgitter, Lower Saxony, Germany

About

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.

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