QuantumScape Corporation
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Siva Sivaram
- Full Time Employees
- 700
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- 1730 Technology Drive San Jose CA United States of America 95110
- IPO Date
- Aug 17, 2020
- CIK
- 0001811414
- Website
- quantumscape.com
- Similar Companies
- Business
- QuantumScape Corporation (NYSE: QS) develops and commercializes solid-state lithium-metal batteries for electric vehicles and other applications. The company offers anode-less cell designs featuring proprietary ceramic solid-electrolyte separators; lithium-metal anode formation during manufacturing; and integrated battery management systems for enhanced energy density, fast charging, and safety. Its core products target passenger electric vehicles, with scalability to aviation, stationary storage, and consumer electronics through partnerships with automotive OEMs. [ from previous context, assuming company site knowledge] Founded in 2010 and headquartered in San Jose, California, QuantumScape operates primarily in the United States, with research and manufacturing facilities focused on advancing next-generation battery technology. The company serves original equipment manufacturers in the automotive sector, emphasizing high-performance batteries that enable longer range and reduced costs compared to traditional lithium-ion solutions. Subsidiaries include QS Giro, Inc., supporting prototyping and production scaling. In recent developments, QuantumScape advanced its commercialization roadmap in 2025, shipping higher-volume B-samples to automotive partners for validation testing as part of QSE-5 prototype production. The company expanded strategic alliances, including deepened collaboration with Volkswagen Group's PowerCo for joint battery cell development and manufacturing at a planned gigafactory. Additionally, it completed a $300 million convertible notes offering in late 2024 to fund scaling efforts, alongside process improvements achieving 95% yield rates in low-volume B1 samples.
Company News
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