Hyperdrive
EV-Battery Startup QuantumScape Soars on Technical Breakthrough
- Company announces plans for first pilot production line
- Advance in multilayer batteries could hasten development
QuantumScape’s laboratory in San Jose, California.
Source: QuantumScape
This article is for subscribers only.
QuantumScape Corp., an electric-vehicle-battery startup, soared as much as 12% in late trading after saying it cleared a key hurdle in the development of its technology.
The company, which is attempting to pioneer solid-state lithium-metal batteries for electric vehicles, said it was able to produce multilayer battery cells, a crucial stumbling block in taking the technology from the lab to the real world.