QuantumScape Stock Soars on Battery Milestone
$QuantumScape (QS.US)$ 's stock surged 36% in early trading, remaining up 21.6% later in the day, following its third-quarter report. The EV battery company announced it had shipped samples of its solid-state batteries to automakers and OEMs for testing—a major 2024 goal.
Key Points:
The company's QSE-5 battery samples feature high energy density, a 15-minute fast-charging capability, and a safer, anode-free design.
QuantumScape is advancing toward full-scale production with its "Raptor" process now completed and "Cobra" set for 2025.
Investors are optimistic, although the stock remains down 20% over the past six months.
It's a significant step forward in solid-state battery development, with major potential for QuantumScape’s future growth.
QuantumScape is advancing toward full-scale production with its "Raptor" process now completed and "Cobra" set for 2025.
Investors are optimistic, although the stock remains down 20% over the past six months.
It's a significant step forward in solid-state battery development, with major potential for QuantumScape’s future growth.
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