Reported 1 day ago
QuantumScape Corp. (NYSE:QS) saw its shares rise by 14.73% to $16.82 after announcing an impressive third-quarter performance, where it narrowed its net loss by 11.5% to $105.8 million. The company successfully shipped its latest QS cells and is advancing its production capabilities with the installation of a new production line in San Jose, California. QuantumScape's COO emphasized their commitment to bringing innovative solid-state battery technology to the market.
Source: YAHOO