Hyperdrive

As Breakthrough EV Battery Pursuit Falters, QuantumScape Seeks Hedges

The Volkswagen-backed battery startup is now looking for consumer electronics customers while working through manufacturing challenges.

QuantumScape’s lab in San Jose, California.

Photographer: GABRIELA HASBUN/NYTNS
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QuantumScape has long talked a big game about its potential, and rightfully so — it’s pursuing a holy grail in the field of battery-materials science that’s eluded researchers for decades.

The solid-state battery technology the startup has been working on for electric vehicles promises much greater range and 15-minute charge times. After its spinoff from Stanford University in 2010 and as it was going public a decade later, automakers lined up and investors salivated.