Quantumscape Corp Stock Price, News & Analysis

QuantumScape Corporation (NYSE: QS) announced its solid-state battery cells completed 400 consecutive 15-minute fast-charging cycles, achieving over 80% of initial energy retention. This milestone, tested on prototype cells under various conditions, positions QuantumScape's technology to significantly reduce electric vehicle charging times, potentially matching internal combustion engine refueling times. The results highlight the advantages of QuantumScape's lithium-metal batteries over current market options, which degrade rapidly under similar fast-charging conditions.

QuantumScape Corporation (QS) and Fluence Energy Inc. (FLNC) have announced a strategic partnership to integrate QuantumScape's solid-state lithium-metal battery technology into Fluence's stationary energy storage solutions. This multi-year agreement aims to bolster clean energy adoption, targeting a $385 billion market expected to grow over 2,000% by 2030. The collaboration will validate and test QuantumScape's battery cells, potentially leading to a large-scale supply agreement. This marks QuantumScape's first non-automotive partnership, expanding its technology's application beyond the automotive sector.

QuantumScape Corporation (NYSE: QS) announced a live audio webcast to discuss its 2021 achievement of 10-layer battery cell testing data, which demonstrated 800 cycles with rapid charging capabilities at 25°C. The event is scheduled for November 17 at 2:00 p.m. PT (5:00 p.m. ET) featuring CEO Jagdeep Singh and CFO Kevin Hettrich. Interested parties can join via dial-in or through the QuantumScape IR Events page. The company focuses on developing solid-state lithium-metal batteries, aiming to transform energy storage for electric vehicles.

QuantumScape (NYSE: QS) announced the successful testing of its 10-layer battery cells, achieving 800 cycles with charge rates under one hour at 25 °C. This milestone meets the goals set for 2021, showcasing advancements in solid-state lithium-metal battery technology. CEO Jagdeep Singh stated these results are unprecedented in the industry. The company aims to enhance cell quality and consistency in 2022 and 2023 while progressing its QS-0 pre-pilot production line to deliver customer prototypes.

QuantumScape Corporation (NYSE: QS) has secured new facilities in San Jose as part of its expansion plan. The QS Campus will enhance manufacturing capabilities, complementing the existing QS-0 production line. This development aligns with the company's goal to commercialize solid-state lithium-metal battery technology. QuantumScape has signed 10-year leases for the new buildings, which will support research, development, and accommodate hundreds of new employees. The company aims to start outfitting the facilities in January 2022.

QuantumScape Corporation (NYSE: QS) has released an independent report showcasing the performance of its solid-state lithium-metal battery cells, tested by Mobile Power Solutions. The cells achieved over 800 cycles under automotive-relevant conditions, maintaining over 80% energy retention. The testing confirms QuantumScape's previous performance claims from December 2020. The report highlights significant factors, including operational efficiency at room temperature and high discharge rates. QuantumScape aims to advance its product goals and meet customer needs while addressing challenges in scaling and manufacturing.

QuantumScape Corporation (NYSE: QS) reported its third-quarter financial results for 2021 on October 26. The results include updates from independent lab tests of its lithium-metal battery cells and insights on customer engagements. The company emphasized ongoing progress in multilayer cell cycle data. QuantumScape aims to revolutionize energy storage for electric vehicles, positioning itself as a leader in solid-state battery technology.

QuantumScape Corporation (NYSE: QS) will release its 2021 Q3 financial results on October 26, 2021, after market close. A conference call will follow at 2:00 PM PT (5:00 PM ET), featuring CEO Jagdeep Singh and CFO Kevin Hettrich. Shareholders can submit and vote on questions for the call until October 22, 2021, at 2:00 PM PT. The earnings call will be accessible via a live webcast, with an archive available for 12 months.

QuantumScape Corporation (NYSE: QS) announced its Q2 2021 financial results, highlighting ongoing developments in solid-state lithium-metal batteries for electric vehicles. The company is currently testing its first 10-layer cells and making progress on the QS-0 pre-pilot manufacturing line, including the ordering of long-lead equipment. A conference call is scheduled for 2:00 p.m. PT to discuss these results and further business updates. QuantumScape aims to revolutionize energy storage to enable a sustainable future.