QuantumScape (QS) and PowerCo Enter Agreement to Industrialize Solid-State Batteries
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/29/2026
- Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump
- Tech funds suffer record outflows as investors trim equity positions
- Comcast shares surge 23% on blockbuster plan to spin off NBCUniversal and Sky
- New leader board: Citi refreshes AI compute semiconductor picks
- Martin Marietta confirms $13.5B deal for Lhoist North America
- Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
- Needham Starts NeoVolta (NEOV) at Buy
- Personalis, Inc. (PSNL) and Tempus (TEM) Expand Collaboration
- EchoStar Prepares Dish DBS Bankruptcy Filing as Soon as Tuesday - WSJ
- Strategy stock jumps 7% as firm shifts to active capital management
QuantumScape shares surges 35% after partnering with Volkswagen's battery company PowerCo
July 11, 2024 10:40 AM EDTQuantumScape (NYSE: QS) shares soared by as much as 35% on Thursday following the announcement of a strategic partnership with PowerCo, Volkswagen Groups battery company.
The collaboration aims to industrialize QuantumScapes next-generation solid-state lithium-metal battery technology.
Under the agreement, QuantumScape will grant PowerCo a license to mass-produce battery cells based on its innovative technology platform, contingent upon satisfactory technical progress and royalty payments.
PowerCo will have the capacity to manufacture up to 40 gigawatt-hours... More
QuantumScape (QS) climbs 18% following pact with Volkswagen Group’s battery company PowerCo
July 11, 2024 7:12 AM EDT(Updated - July 11, 2024 7:12 AM EDT)
QuantumScape (NYSE: QS) climbs 18% following pact with Volkswagen Groups battery company PowerCo
Volkswagen Groups battery company PowerCo and QuantumScape (NYSE: QS) today announced they have entered into a groundbreaking agreement to industrialize QuantumScapes... More