QuantumScape Corp - Ordinary Shares - Class A Stock News

QuantumScape (QS -14.90%) stock stumbled in Monday morning trading after The Wall Street Journal reported that partner General Motors (GM -0.71%) is getting cold feet about the EV revolution.

Shares of QuantumScape (QS 10.68%) jumped as much as 14% today with the stock holding onto a gain of 10.6% as of 3:35 p.m. ET. New Securities and Exchange Commission (SEC) filings might be what prompted the surge higher.

QuantumScape Corporation continues to move forward with its new focus and planned distribution of QSE-5 B1 samples powered by Cobra. Its adequate cash runway and capital buffer, well-managed expenses, and consistency with its schedule may allow it to achieve its goals on time. Market risks are present, but the resilient EV demand and dropping oil prices can offset them.

Early investors in electric vehicle (EV) battery start-up QuantumScape (QS 5.05%) haven't had the greatest ride. The start-up went public via a merger with a special-purpose acquisition company (SPAC) in 2020, and its stock promptly soared to a valuation of about $54 billion.

It seems almost certain the future of transportation is via electric vehicles (EVs). EVs have swept over countries like China quickly, and the U.S. more slowly, but global EV sales are on the rise and show no signs of reversing.

Battery technology is at the heart of the electric vehicle (EV) revolution, and over time, these batteries have evolved from bulky, low-efficiency power sources to the high-density energy packs we see today. This technology has pushed EVs forward, but further improvements could be made.

Electric vehicles (EVs) have emerged as a viable alternative to combustion engines. But today's consumers expect longer range, faster charging, and lower prices.

QuantumScape Corporation (NYSE:QS ) Q1 2025 Earnings Conference Call April 23, 2025 5:00 PM ET Company Participants John Saager - Vice President, Capital Markets and FP&A Siva Sivaram - President and Chief Executive Officer Kevin Hettrich - Chief Financial Officer Conference Call Participants Jordan Levy - Truist Securities Winnie Dong - Deutsche Bank Mark Delaney - Goldman Sachs Mark Shooter -...