QuantumScape Reports First Quarter 2022 Financial Results

Rhea-AI Summary

QuantumScape Corporation (NYSE: QS) has reported its financial results for Q1 2022, ending March 31. The company continues to focus on developing solid-state lithium-metal batteries aimed at enhancing electric vehicle performance. A shareholder letter detailing the results and business updates is available on their Investor Relations website. QuantumScape will also host a live webcast today at 2:00 PM PT with CEO Jagdeep Singh and CFO Kevin Hettrich providing insights into the company's future. For more details, visit www.quantumscape.com.

Positive

• Focus on developing advanced solid-state lithium-metal batteries for electric vehicles.
• Live webcast featuring key executives to discuss business strategies and insights.

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• None.

SAN JOSE, Calif.--(BUSINESS WIRE)-- QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced its financial results for the first quarter of 2022, which ended March 31.

The company posted a letter to shareholders on its Investor Relations website. It details first-quarter results and provides a business update.

QuantumScape will host a live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today, April 26, 2022. Participating on the call will be Jagdeep Singh, chief executive officer and co-founder, and Kevin Hettrich, chief financial officer, of QuantumScape.

The call is accessible via a live webcast on the Events section of the Investor Relations website, www.ir.quantumscape.com. An archive of the webcast will be available shortly after the call for 12 months.

About QuantumScape Corporation

QuantumScape is on a mission to transform energy storage with solid-state lithium-metal battery technology. The company’s next-generation batteries are designed to enable longer range, faster charging and enhanced safety in electric vehicles to support the transition away from legacy energy sources toward a lower carbon future. For more information, please visit www.quantumscape.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426006157/en/

For Investors

John Saager, CFA

Head of Investor Relations

ir@quantumscape.com



For Media

media@quantumscape.com

Source: QuantumScape Corporation

FAQ

What are QuantumScape's financial results for Q1 2022?

QuantumScape Corporation reported its Q1 2022 financial results on April 26, 2022.

What key updates were provided by QuantumScape in its recent shareholder letter?

The shareholder letter details the financial results and provides a business update for QuantumScape.

When will QuantumScape hold its financial results webcast?

QuantumScape's financial results webcast will take place today, April 26, 2022, at 2:00 PM PT.

Who will participate in QuantumScape's live webcast?

The live webcast will feature CEO Jagdeep Singh and CFO Kevin Hettrich.

Where can I find the webcast of QuantumScape's financial results?

The webcast can be accessed via the Events section on QuantumScape's Investor Relations website.