QuantumScape Corporation (QS)
QuantumScape Corporation is a developer of solid-state lithium-metal batteries aimed at advancing electric vehicle technology. Founded in 2010 and based in San Jose, California, the company focuses on creating safer, higher energy density batteries that enable longer-range, faster-charging, and more durable electric vehicles.
Company News
Chinese researchers have potentially developed breakthrough solid-state battery technology with a 600-mile range, using innovative techniques like 'iodine ions' and 'flexible transformation' that could significantly improve electric vehicle battery performance and safety.
The driverless vehicle market is poised for significant growth, with multiple companies investing in autonomous technology across automotive and tech sectors. The industry faces challenges in regulation and public trust but offers potential trillion-dollar opportunities by 2030.
QuantumScape Corporation (QS) shows potential for a significant stock breakout after three years of sideways movement, with technical analysis suggesting possible upside targets between $35-$83 if it breaks key resistance levels.
Global next-generation advanced battery market projected to grow from $1.5 billion in 2024 to $5.3 billion by 2029, driven by demand for cost-effective, high-density energy storage solutions across electric vehicles, solar energy, and consumer electronics.
QuantumScape Corporation (QS) reachead $5.98 at the closing of the latest trading day, reflecting a +1.36% change compared to its last close.
