QuantumScape Corp - Ordinary Shares - Class A Stock News

QuantumScape (QS 11.29%) stock doesn't look like much of a bargain at first glance. After all, it's zoomed nearly 140% in price this year.

About a month ago, QuantumScape (QS -1.99%) showed off its next-generation solid-state lithium-metal battery technology. This week, the company inked a deal that will help scale production and commercialize that technology.

In this video, Motley Fool contributor Jason Hall breaks down QuantumScape's (QS 18.95%) new partnership with Corning (GLW 1.30%), what it means, and whether QuantumScape stock is a buy.

QuantumScape (QS 18.43%), a developer of solid-state lithium batteries, hasn't commercialized any of its products or generated any revenue yet. Nevertheless, its stock rallied nearly 120% over the past 12 months and boosted its market cap to $7.2 billion.

Shares of QuantumScape (QS 19.24%) exploded on Wednesday and were trading over 16% through 1:30 p.m. ET. The developer of solid-state lithium-metal batteries for electric vehicles just signed a partnership, and investors see this as a big milestone and catalyst for QuantumScape stock.

QuantumScape (NYSE: QS) rallied nearly 20% this morning after the solid-state lithium batteries specialist announced a strategic partnership with Corning Inc. (NYSE: GLW). The two companies have agreed to co-develop ceramic separator manufacturing for QS's solid-state batteries, but the financial terms of the agreement weren't disclosed in the press release on Wednesday.

SAN JOSE, Calif. & CORNING, N.Y.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a global leader in next-generation solid-state lithium-metal battery technology, and Corning Incorporated (NYSE:GLW), one of the world's leading innovators in glass, ceramics, and materials science, today announced an agreement to jointly develop ceramic separator manufacturing capabilities for QS solid-stat...

Finally! 2025 appears to be the year QuantumScape (QS 0.28%) investors have long waited for, the moment when the market appreciates what the company is doing and sends its valuation soaring.