QuantumScape Reports First Quarter 2023 Business and Financial Results

Rhea-AI Summary

QuantumScape Corporation (NYSE: QS) has released its financial results for Q1 2023, concluding on March 31. The report is accessible on the company’s Investor Relations website. A live webcast will be hosted today at 2 p.m. Pacific Time, featuring participation from CEO Jagdeep Singh and CFO Kevin Hettrich. QuantumScape focuses on advancing solid-state lithium-metal battery technology, aiming to enhance energy density, charging speed, and safety as part of its commitment to support a transition to lower carbon energy solutions. The company continues to innovate in energy storage, contributing to the future of electric vehicles and renewable energy systems.

SAN JOSE, Calif.--(BUSINESS WIRE)-- QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the first quarter of 2023, which ended March 31.

The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details first-quarter financial results and provides a business update.

QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page. Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.

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 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005749/en/

For Investors

ir@quantumscape.com

For Media

media@quantumscape.com

Source: QuantumScape Corporation

FAQ

What were QuantumScape's Q1 2023 financial results?

QuantumScape announced its Q1 2023 financial results but specific figures were not detailed in the press release.

What is QuantumScape's focus in battery technology?

QuantumScape is focused on developing next-generation solid-state lithium-metal batteries to improve energy density, charging speed, and safety.

When is QuantumScape's live webcast for Q1 2023 results?

The live webcast regarding QuantumScape's Q1 2023 results is scheduled for today at 2 p.m. Pacific Time.

Who will participate in QuantumScape's Q1 2023 webcast?

CEO Jagdeep Singh and CFO Kevin Hettrich will participate in the webcast.