QuantumScape Corp - Ordinary Shares - Class A Stock News

Huge progress toward commercialization and a big partner to help fund manufacturing.

Uncertainty around clean energy incentives and rising interest rates punished these clean energy leaders.

Why Shares of QuantumScape, First Solar, and ChargePoint Plunged in October

An updated presentation from QuantumScape brought investors back down to earth this week.

Investors have good news from a company that's trying to do what hasn't been done before.

I reiterate my buy rating for QS due to significant progress in R&D and manufacturing, bringing them closer to revenue generation in FY25. QS met all FY24 goals, including shipping Alpha-2 prototypes, ramping up Raptor manufacturing, and starting B-sample production, showcasing strong execution. The balance sheet remains solid with $841 million in cash, providing a 2+ year runway, ensuring fina...

Investors must weigh QuantumScape's massive potential against its chances of realizing that potential.

QuantumScape Co. NYSE: QS is a battery technology company that has been developing its next-generation solid-state lithium-metal electric vehicle (EV) battery for nearly 15 years. The auto/tires/trucks sector company is in its final stages before commercialization commences in 2025, when they start shipping their commercial batteries to start generating revenue.