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0.000809061488673122 0.00161812297734624 0.00242718446601937 0.00566343042071185 0.00647249190938512 0.00647249190938512 0.00647249190938512 0.00647249190938512
Stock impact report

QuantumScape Is Starting to Deliver on Its Lofty 2024 Goals [Yahoo! Finance]

QuantumScape Corporation Class A (QS) 
Company Research Source: Yahoo! Finance
Many consumers are hesitant to transition to electric cars due to charging concerns. But QuantumScape's solid-state battery technology could address range anxiety and reinvigorate interest in EVs. Today, the company's stock jumped as much as 10% after it announced another step toward commercializing its batteries. QuantumScape predicts a transformative year QuantumScape is working to address what has become a big source of hesitancy from potential EV buyers. Currently, lithium-ion batteries used for EVs use graphite anodes. While that works for the use case, it also has the limitation of low energy density, which limits the battery range. The company is working to commercialize a higher energy density EV battery that would likely go a long way toward addressing range anxiety. Today, QuantumScape said it has begun to ship the initial trial version of a prototype battery cell to customers. That was one major goal the company had set for 2024. Another is to begin low volume produ Show less Read more
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