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QuantumScape Convenes Solid-State Battery Leaders in Japan to Shape Future of Energy Storage

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QuantumScape (NYSE: QS) hosted a Solid-State Batteries Symposium in Kyoto, Japan, bringing together battery equipment suppliers, materials suppliers, government leaders, and automotive customers to discuss the future of solid-state battery technology. The event featured speeches from Kyoto Mayor Koji Matsui and METI Director General Satoshi Nohara, highlighting Japan's commitment to commercializing solid-state batteries by 2030. QuantumScape's solid-state lithium-metal batteries are designed to offer faster charging, longer range, and improved safety compared to conventional lithium-ion batteries. The company established its Kyoto office in 2022 and maintains collaborations with battery tool manufacturers and materials suppliers across Asia-Pacific.

QuantumScape (NYSE: QS) ha ospitato un Simposio sulle Batterie a Stato Solido a Kyoto, in Giappone, riunendo fornitori di attrezzature per batterie, fornitori di materiali, leader governativi e clienti dell'industria automobilistica per discutere il futuro della tecnologia delle batterie a stato solido. L'evento ha visto discorsi del sindaco di Kyoto Koji Matsui e del Direttore Generale del METI Satoshi Nohara, sottolineando l'impegno del Giappone a commercializzare le batterie a stato solido entro il 2030. Le batterie a stato solido in litio-metallico di QuantumScape sono progettate per offrire ricariche più rapide, una maggiore autonomia e una sicurezza migliorata rispetto alle tradizionali batterie agli ioni di litio. L'azienda ha aperto il suo ufficio a Kyoto nel 2022 e mantiene collaborazioni con produttori di strumenti per batterie e fornitori di materiali in tutta la regione Asia-Pacifico.

QuantumScape (NYSE: QS) organizó un Simposio sobre Baterías de Estado Sólido en Kioto, Japón, reuniendo a proveedores de equipos de baterías, proveedores de materiales, líderes gubernamentales y clientes automotrices para discutir el futuro de la tecnología de baterías de estado sólido. El evento contó con discursos del alcalde de Kioto, Koji Matsui, y del Director General del METI, Satoshi Nohara, destacando el compromiso de Japón con la comercialización de baterías de estado sólido para 2030. Las baterías de litio-metal sólido de QuantumScape están diseñadas para ofrecer una carga más rápida, mayor autonomía y una mejor seguridad en comparación con las baterías de iones de litio convencionales. La empresa estableció su oficina en Kioto en 2022 y mantiene colaboraciones con fabricantes de herramientas de baterías y proveedores de materiales en toda la región de Asia-Pacífico.

QuantumScape (NYSE: QS)는 일본 교토에서 고체 배터리 심포지엄을 개최해 배터리 장비 공급업체, 소재 공급업체, 정부 관계자, 자동차 고객이 모여 고체 배터리 기술의 미래에 대해 논의했습니다. 이 행사에서는 교토 시장인 고지 마츠이와 METI의 사토시노하라 국장에게서 연설이 있었으며, 일본이 2030년까지 고체 배터리 상용화에 대한 의지를 강조했습니다. QuantumScape의 리튬 금속 고체 배터리는 기존 리튬 이온 배터리에 비해 더 빠른 충전, 더 긴 주행 거리 및 향상된 안전성을 제공합니다. 이 회사는 2022년에 교토 사무소를 설립하고 아시아 태평양 전역의 배터리 도구 제조업체 및 소재 공급업체와 협력 관계를 유지하고 있습니다.

QuantumScape (NYSE: QS) a organisé un Symposium sur les Batteries à État Solide à Kyoto, au Japon, rassemblant des fournisseurs d'équipements de batteries, des fournisseurs de matériaux, des leaders gouvernementaux et des clients de l'industrie automobile pour discuter de l'avenir de la technologie des batteries à état solide. L'événement a présenté des discours du Maire de Kyoto, Koji Matsui, et du Directeur Général du METI, Satoshi Nohara, soulignant l'engagement du Japon à commercialiser les batteries à état solide d'ici 2030. Les batteries lithium-métallique à état solide de QuantumScape sont conçues pour offrir une charge plus rapide, une plus grande autonomie et une sécurité améliorée par rapport aux batteries lithium-ion conventionnelles. L'entreprise a ouvert son bureau à Kyoto en 2022 et maintient des collaborations avec des fabricants d'outils de batterie et des fournisseurs de matériaux à travers la région Asie-Pacifique.

QuantumScape (NYSE: QS) veranstaltete ein Symposion über Festkörperbatterien in Kyoto, Japan, bei dem sich Lieferanten von Batteriegeräten, Materiallieferanten, Regierungsvertreter und Automobilkunden zusammenkamen, um über die Zukunft der Festkörperbatterietechnologie zu diskutieren. Die Veranstaltung beinhaltete Reden von Kyotos Bürgermeister Koji Matsui und dem Generaldirektor des METI Satoshi Nohara, die Japans Engagement für die Kommerzialisierung von Festkörperbatterien bis 2030 hervorhoben. Die Festkörper-Lithiummetallbatterien von QuantumScape sind so konzipiert, dass sie schnelleres Laden, eine längere Reichweite und verbesserte Sicherheit im Vergleich zu herkömmlichen Lithium-Ionen-Batterien bieten. Das Unternehmen eröffnete 2022 sein Büro in Kyoto und pflegt Kooperationen mit Herstellern von Batteriewerkzeugen und Materiallieferanten in der gesamten Asien-Pazifik-Region.

Positive
  • Strategic presence in Japan with office established in Kyoto since 2022
  • Strong government support from Japanese officials for solid-state battery development
  • Established collaborations with battery tool manufacturers and materials suppliers in Asia-Pacific
Negative
  • None.

KYOTO, Japan--(BUSINESS WIRE)-- QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, yesterday gathered distinguished representatives, including battery equipment and materials suppliers, government leaders and automotive customers to discuss and strengthen the solid-state battery ecosystem. The Solid-State Batteries Symposium highlighted the critical role this next-generation technology plays in driving future energy storage solutions for the automotive industry.

Satoshi Nohara, Director General of Japan’s Ministry of Economy, Trade and Industry, at the Solid-State Batteries Symposium (Photo: Business Wire)

Satoshi Nohara, Director General of Japan’s Ministry of Economy, Trade and Industry, at the Solid-State Batteries Symposium (Photo: Business Wire)

The Symposium featured remarks from the Honorable Koji Matsui, Mayor of Kyoto, Satoshi Nohara, Director General of Japan’s Ministry of Economy, Trade and Industry (METI), along with QuantumScape CEO Dr. Siva Sivaram, and other industry experts.

“Kyoto City has been committed to fostering innovation in the environmental and energy sectors by harnessing the wealth of knowledge concentrated in companies, universities, and other institutions, with the goal of achieving a sustainable future,” said the Honorable Koji Matsui, Mayor of Kyoto. “We have high expectations for QuantumScape Corporation, a frontrunner to the research and development of solid-state batteries—an essential technology for next-generation electric vehicles—to pioneer groundbreaking innovations here in Kyoto. Kyoto City will continue its efforts to support startups, foster business development, and attract diverse array of talent and companies from across Japan and the globe, driving innovation at an accelerated pace.”

Satoshi Nohara, Director General of METI, added: “The all-solid-state battery is a game-changing technology that has the potential to significantly surpass the performance of conventional lithium-ion batteries. In the Battery Industry Strategy, Japan has set a target of commercializing all-solid-state batteries by around 2030, and the public and private sectors are working together to achieve this target. It is highly meaningful that various members from both sectors met at the symposium to share and discuss engagement in the practical application of all-solid-state batteries. This reflects Japan’s continued commitment to taking a technological leadership role in deepening global collaboration in this field.”

“Japan has a rich history of battery innovation and QuantumScape is leading efforts to develop and commercialize solid-state batteries,” said Dr. Siva Sivaram. “It was an honor to join so many Japanese leaders to discuss how we can use the country’s excellence in battery science and the supply chain network to accelerate progress toward a cleaner, more efficient future.”

Batteries are at the heart of the transportation revolution, but today’s conventional lithium-ion batteries fall short of meeting the needs of the automotive sector in several key areas, limiting their performance. QuantumScape’s solid-state lithium-metal batteries are designed to charge faster, provide longer range, and operate more safely than their lithium-ion counterparts. QuantumScape opened an office in Kyoto, Japan in 2022 and has collaborated with battery tool manufacturers and materials suppliers across the Asia-Pacific region for many years.

About QuantumScape Corporation

QuantumScape is on a mission to revolutionize energy storage to enable a sustainable future. The company’s next-generation solid-state lithium-metal battery technology is designed to enable greater energy density, faster charging and enhanced safety to support the transition away from legacy energy sources toward a lower carbon future. For more information, visit www.quantumscape.com.

Forward-Looking Statements

Certain information in this press release may be considered “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding QuantumScape’s plans and objectives for future operations and growth, including internationally the performance of its technology and its applications, and the potential impacts of QuantumScape’s technology, among others. These forward-looking statements are based on QuantumScape management’s current expectations, assumptions, hopes, beliefs, intentions and strategies regarding future events and are based on currently available information as to the outcome and timing of future events. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements, including due to the building out of high volume processes and otherwise to achieve scale, the achievement of the quality, consistency, reliability, safety, cost and throughput required for commercial production and sale, changes in economic and financial conditions, and other factors, including those discussed in the section titled “Risk Factors” in QuantumScape’s Annual Report and Quarterly Reports and other documents filed with the Securities and Exchange Commission from time to time. Except as otherwise required by applicable law, the company disclaims any duty to update any forward-looking statements.

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Source: QuantumScape Corporation

FAQ

What was the purpose of QuantumScape's (QS) Solid-State Batteries Symposium in Japan?

The symposium aimed to gather industry leaders, suppliers, government officials, and automotive customers to discuss and strengthen the solid-state battery ecosystem and shape the future of energy storage solutions.

What is Japan's target date for commercializing solid-state batteries according to METI?

According to Japan's Battery Industry Strategy, the target date for commercializing solid-state batteries is around 2030.

When did QuantumScape (QS) establish its office in Kyoto, Japan?

QuantumScape opened its office in Kyoto, Japan in 2022.

What advantages do QuantumScape's (QS) solid-state batteries offer over conventional lithium-ion batteries?

QuantumScape's solid-state lithium-metal batteries are designed to charge faster, provide longer range, and operate more safely than conventional lithium-ion batteries.

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