QuantumScape Reports Second Quarter 2022 Business and Financial Results

Rhea-AI Summary

QuantumScape Corporation (NYSE: QS) reported its financial results for Q2 2022, ending June 30. The company focuses on developing advanced solid-state lithium-metal batteries aimed at enhancing electric vehicle performance, including longer ranges and faster charging. A letter to shareholders detailing these results is available on their Investor Relations website. A live webcast with executives Jagdeep Singh and Kevin Hettrich is scheduled for July 27, 2022, at 2:00 PM PT. QuantumScape continues its mission towards environmentally friendly energy storage solutions.

Positive

• Focus on next-generation solid-state lithium-metal batteries for electric vehicles.
• Commitment to enhancing battery performance: longer range, faster charging, and improved safety.

Negative

• 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 business and financial results for the second quarter of 2022, which ended June 30.

The company posted a letter to shareholders on its Investor Relations website, www.ir.quantumscape.com. It details second-quarter financial 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, July 27, 2022. Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.

The call is accessible via a live webcast in the Events section of the Investor Relations website. 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, visit www.quantumscape.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220727006007/en/

For Investors

ir@quantumscape.com

For Media

media@quantumscape.com

Source: QuantumScape Corporation

FAQ

What were QuantumScape's financial results for Q2 2022?

QuantumScape announced its Q2 2022 financial results in a letter to shareholders, available on its Investor Relations website.

When is QuantumScape's Q2 2022 earnings call?

QuantumScape's Q2 2022 earnings call is scheduled for July 27, 2022, at 2:00 PM Pacific Time.

What is QuantumScape's focus in battery technology?

QuantumScape focuses on developing solid-state lithium-metal batteries to improve electric vehicle performance and safety.

How does QuantumScape aim to transform energy storage?

QuantumScape aims to transform energy storage through its next-generation batteries designed for longer range and faster charging.