QuantumScape (QS), Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

Go back to QuantumScape (QS), Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

QuantumScape and Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

May 14, 2021 8:48 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- QuantumScape Corporation, (NYSE: QS, or QuantumScape) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021. The companies currently contemplate Salzgitter, Germany for the location.

The pilot-line facility, QS-1, will initially be a... More