Big Law
QuantumScape Partners With a ‘Top 10’ Automaker to Produce EV Batteries
QuantumScape (QS) revealed signing on a new automaker partner, its second after Volkswagen (VWAGY), while gearing to start producing next-gen battery cells for an anticipated flood of electric vehicles. QuantumScape stock soared.
The unnamed OEM will assess more advanced prototypes of QuantumScape’s solid-state battery cells. And it will buy 10 megawatt-hours of capacity from QS’s pre-pilot plant to use in “pre-series” vehicles.
