QuantumScape Shares Surge 68% in June

Reported 3 days ago

QuantumScape's stock soared by 68% in June due to the successful integration of its new separator process, Cobra, into production, bringing it closer to commercializing its advanced solid-state electric vehicle batteries. The company expects to begin mass production and field testing in 2026, with Volkswagen's PowerCo set to become its primary customer. However, potential investors should be cautious as commercial success is not guaranteed, despite the promising advancements.

Source: YAHOO

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