Volkswagen's PowerCo Targets Green Energy Savings with New Battery Cell Manufacturing Process
Portfolio Pulse from Shivani Kumaresan
Volkswagen's battery unit PowerCo SE plans to introduce a new Dry Coating manufacturing process in its battery cell production plants in Europe and North America, aiming to reduce energy consumption by 30% and floor space by 15%. PowerCo will collaborate with German printing machine specialist Koenig & Bauer AG to develop the technology.
June 16, 2023 | 3:41 pm
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Volkswagen's PowerCo SE plans to introduce a new Dry Coating manufacturing process in battery cell production, reducing energy consumption and floor space, potentially lowering production costs.
The new Dry Coating manufacturing process will reduce energy consumption by 30% and floor space by 15%, leading to increased efficiency and sustainability in battery cell production. This could potentially lower production costs and make Volkswagen's electric vehicles more competitive in the market, positively impacting VWAGY's stock price in the short term.
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