QuantumScape Corporation (QS)

[WeTheMarket]

QuantumScape Secures Campus in San Jose, California
Expansion to three new facilities to scale advanced manufacturing capabilities
November 08, 2021 09:00 AM Eastern Standard Time
https://www.businesswire.com/news/home/20211108005630/en/

SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS) today announced QS Campus – the future hub of its upcoming manufacturing activities – after securing a new set of buildings in San Jose. The new campus comprises the current site of QS-0, QuantumScape’s pre-pilot production line, and the adjacent three new buildings. QS Campus is a key building block of QuantumScape’s multi-year strategic growth plan as it advances closer to commercializing its solid-state lithium-metal battery technology.

“As the capital of Silicon Valley, San Jose continues to welcome the growth of innovative tech leaders like QuantumScape”

Much of the new space will be dedicated to manufacturing, ultimately expanding the footprint and overall capacities of its existing QS-0 and development buildings, and affords QuantumScape the necessary space to scale up manufacturing and execute on its development timeline. The company has confirmed 10-year lease agreements for the three new buildings of QS Campus.

“As we shift into the next phase of our growth trajectory, developing advanced manufacturing capabilities becomes more critical. To achieve our goals, we believe we must make progress on both development and manufacturing simultaneously,” said Jagdeep Singh, co-founder and CEO of QuantumScape. “This new campus provides us with an opportunity to continue our ground-breaking innovation while laying the foundation for scaling up those innovations into production.”

QuantumScape’s new facilities will also house additional research and development and office space to accommodate hundreds of new employees. The company plans to continue aggressive hiring of world-class talent through 2022 and beyond. The campus is designed to encourage more natural opportunities for employees to collaborate across departments and functions. This prime location in San Jose – in the heart of Silicon Valley, near world-renowned universities and research institutions – offers access to a rich pool of talent for the company to build out its team.

“As the capital of Silicon Valley, San Jose continues to welcome the growth of innovative tech leaders like QuantumScape," said San Jose Mayor Sam Liccardo. "We are thrilled to see QuantumScape’s investment in our community and their commitment to bringing advanced battery development and local manufacturing jobs to North San Jose.”

The company will take possession of the new buildings and begin outfitting the facilities for specific purposes starting in January 2022. QuantumScape has been based in San Jose since its founding in 2010. The new site in North San Jose is minutes from its current location, which will retain its central role in the company’s research and development activities.

About QuantumScape Corporation

QuantumScape is a leader in developing next-generation solid-state lithium-metal batteries for electric vehicles. The company is on a mission to revolutionize energy storage to enable a sustainable future. For more information, please visit www.quantumscape.com.

[mick]

Quantumscape Corp (QS)
31.09 ? -0.47 (-1.49%)
Volume: 9,033,759 @11/05/21 7:59:14 PM EDT
Bid Ask Day's Range
- - 30.37 - 31.82
QS Detailed Quote

[slimhere]

I doubt that Gates is selling and I know that VW isn't selling, the float on QS is around 100 million shares, yet down the Hedge Funds takes us going into earnings.

Jaqdeep Singh has publicly said that the Hedge Fund that shorted QS was lying his butt off, I'm betting big that Singh will have the last laugh this Tuesday.



QuantumScape Announces Timing of Third Quarter 2021 Financial Results and Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--October 15, 2021--

QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for electric vehicles, today announced it will release 2021 third quarter financial results after market close on Tuesday, October 26, 2021. This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Participating on the call will be Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, of QuantumScape.

Starting today, October 15, retail and institutional shareholders can submit and upvote questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. To submit questions, please visit the Say online platform; shareholders at brokers with Say can participate directly in their investing app or broker website. We will accept questions on the Q&A platform until Friday, October 22, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

The earnings call will be accessible live via a webcast on QuantumScape's IR Events Calendar page. An archive of the webcast will be available shortly after the call for 12 months.

About QuantumScape Corporation

QuantumScape is a leader in developing next-generation solid-state lithium-metal batteries for electric vehicles. The company is on a mission is to revolutionize energy storage to enable a sustainable future. For more information, please visit www.quantumscape.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211015005325/en/

[slimhere]

L2, you digging this chit?

When earnings coming Tuesday, we are going to fly baby fly!

Holy Grail, baby..........Holy Grail

[splintered sunlight]

QS acting great - $3 $5 $7

[splintered sunlight]

QUOTE:

QS excellent setup for massiv move. Seems big time start here.

_________________________________________________________________

HOW IS THAT MASSIV MOVE???????????

$3 $5 $7

[slimhere]

Cramer would be careful with Quantumscape Corp (NYSE: QS) because there is real competition in the battery space.

Once people realize how fast Quantumscape's batteries charge up, then how long they last, people will realize that there's really isn't any competition in the battery space.

[splintered sunlight]

YUP $3 $5 $7

[slimhere]

QS has a huge short position, so it's set up for a squeeze. VW is going to make a decision on using it's batteries soon, IMO, if VW goes with QS, that will trigger the squeeze.

Last week QS reported that a second manufacture was interested in QS.

I'd buy at lease some of QS. GL

[BottomBounce]

$QS Thinking about buying stock in Camber Energy, Rewalk Robotics, vTv Therapeutics, Quantumscape, or Northern Dynasty Minerals?

-- CEI : https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CEI&prnumber=092720215

-- $RWLK : https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=RWLK&prnumber=092720215

-- $VTVT : https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VTVT&prnumber=092720215

-- $QS : https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=QS&prnumber=092720215

-- $NAK : https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=NAK&prnumber=092720215

https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-camber-energy-rewalk-robotics-vtv-therapeutics-quantumscape-or-northern-dynasty-minerals-301385677.html

[l2 hunter]

QS excellent setup for massiv move. Seems big time start here.

[l2 hunter]

Looks like the market will dip a bit before the weekend for fear of a possible Evergrande bankruptcy over the weekend? A possibility for the red sign on the pre market.

[slimhere]

JX, you have cantaloupes for holding ATER, GL

As for me, I love the smell of shorts getting burnt!

[slimhere]

Obviously, I have no idea if Scorpion Capital covered before the chit hit the fan about another automotive manufacturer wanting in, but I doubt if Scorpion did, doesn't matter, QS was trading north of 60 before Scorpion started shorting us, I'm guessing this recent buying is retail shorts that jumped on for the free ride with Scorpion, who knows!

Me, I was holding waiting for VW's decision to build a factory to make our battery, that decision is coming out before year's end; we're going higher with or without short covering. I own more shares due to Scorpion dropping the price, but I hope Scorpion burns in hell, I dislike shorts immensely.

[l2 hunter]

QS shift up.. Strong eod. Perfect Chart setup now

[jxphilli]

Slim i hope your days going good over here.. alright!!!

Getting my a$$ handed to me in ATER lol all good though. Holding strong

[l2 hunter]

Will the shorts be grilled tomorrow? Who still wants to take a short position into the weekend? The smart ones will cover before the crowd does. QS close before pop up? Chart now out of the gate. Shorts know the game is over. QS seems start a massiv turn around. Just begining imho

[slimhere]

Hey, L2.............are your tits all jacked up?

[l2 hunter]

QS going into.. Radar for possible SQUEEZE 1.0. smart hands start to cover before blow up heavy

[slimhere]

You better add AG to your list, it's dirt cheap. It's going to have a wake up move, just like QS.

I've been buying AG from the low 20's, and adding-actually, still adding.

[l2 hunter]

SQ SQUEEZE in pipeline. Chart looks fantastic now. Shorts have a huge problem now. Looking forward $40 short term and $100 medium term




Ticker Buzz Cloud (6hr)
Time Interval: 24hr | 12hr | 6hr | 3hr | 1hr

AGYP
AIHS
AMC
ANY
ASKH
AUUD
AVVH
AVXL
BANT
BIG
BONZ
CFGX
CYDY
ECDP
EEGI
ETEK
GAXY
GBT
GEGR
GMEV
GSFI
GTCH
GVSI
IGEN
ILUS
INKW
IPIX
KBLB
MJLB
MTRT
NBRI
NEIK
NEXT
NSAV
NWBO
NWGC
OMHI
ONE
PJET
PSRU
QNTA
RNAZ
RSI
SDVI
SEE
SGTM
SSET
SWRM
TGGI
TINO
VXIT
WNBD
ZAAG

[slimhere]

When these RRaiders came aboard, that stopped me from trading inter-day, these dudes and gals are a bunch better than I.

I've liked QS since reading about the solid state battery, then when those dopes from the Hedge Funds started talking about why QS was a short, it became real obvious that they didn't know anything about QS.

I'd love to see their 188 page thesis about why our battery was junk, two quarters ago, Singh was elated when he reported that they increase from one layer to four, and he commented that four was their goal for the year, however, achieving that early wasn't going to stop them. Then last quarter, I thought he was going to cum himself when he said they were at ten layers, two months later, out comes this short thesis.

What sickens me to all get out, those shorts are going to make money, they will be able to cover for they started shorting north of sixty bucks. Only in America.

[l2 hunter]

Shorts no in trouble. Massiv turn around now very possible. QS possible way multiple

[slimhere]

I told you we'd get the Reddit Raiders, easy call. They will take us much higher!

Top 20 Trending Stocks On WallStreetBets As Of Wednesday, Sept. 22, 2021 (Via Swaggy Stocks)
9:37 am ET September 22, 2021 (Benzinga) Print
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment

Lucid Group (LCID
SmileDirectClub (SDC)
Walt Disney (DIS)
ContextLogic (WISH)
Upstart (UPST)
Tesla (TSLA)
Alibaba (BABA)
SoFi Technologies (SOFI)
Uber (UBER)
Clover Health Investments (CLOV)
Apple (AAPL)
GameStop (GME)
FedEx (FDX)
indie Semiconductor (INDI)
DraftKings (DKNG)
Palantir Technologies (PLTR)
AMC Entertainment (AMC)
Amazon (AMZN)
BlackBerry (BB)
QuantumScape (QS)

© 2021 Benzing

[l2 hunter]

SQ $25 is done!! SQUEEZE trigger

[mick]

Quantumscape Corp (QS)
23.76 ? -0.36 (-1.49%)
Volume: 14,040,144 @09/22/21 7:58:56 PM EDT
Bid Ask Day's Range
- - 23.13 - 24.44
QS Detailed Quote

[slimhere]

Apr 16, 2021 — QuantumScape stock dropped more than 12% on Thursday after short seller Scorpion Capital published a report questioning the company


IMO, Scorpion Capital is controlling the price movement as they cover, that's why the selling to begin the day as well as laddering it down at different points during the day. Once, they have covered, we'll be free to run.

~Where they started shorting:

Time Period:Mar 17, 2021 - Apr 19, 2021
Show:Historical Prices
Frequency:Daily
Currency in USD
Download
Date Open High Low Close* Adj Close** Volume
Apr 19, 2021 35.21 35.51 31.05 31.62 31.62 21,532,900
Apr 16, 2021 37.01 37.71 34.55 35.52 35.52 23,427,600
Apr 15, 2021 36.98 39.37 34.22 35.85 35.85 59,022,500
Apr 14, 2021 42.97 44.27 40.68 40.85 40.85 11,130,300
Apr 13, 2021 42.21 43.13 41.61 42.25 42.25 7,116,200
Apr 12, 2021 44.98 45.44 41.76 41.85 41.85 12,159,800
Apr 09, 2021 47.41 47.41 44.73 45.77 45.77 8,224,500
Apr 08, 2021 47.49 48.45 47.24 47.50 47.50 4,672,900
Apr 07, 2021 49.23 51.58 47.06 47.39 47.39 9,305,600
Apr 06, 2021 48.80 51.19 48.19 49.38 49.38 8,046,300
Apr 05, 2021 50.94 51.25 48.45 49.37 49.37 11,590,400
Apr 01, 2021 52.16 53.20 48.42 49.30 49.30 25,166,200
Mar 31, 2021 45.09 45.88 44.14 44.75 44.75 10,263,200
Mar 30, 2021 42.40 44.13 40.52 44.07 44.07 10,104,200
Mar 29, 2021 44.36 45.30 42.06 42.40 42.40 9,827,100
Mar 26, 2021 46.11 47.73 43.00 44.37 44.37 11,094,000
Mar 25, 2021 42.13 47.10 41.75 45.99 45.99 30,342,400
Mar 24, 2021 58.00 58.15 47.11 47.83 47.83 20,110,000
Mar 23, 2021 59.44 60.50 55.73 57.46 57.46 17,785,800
Mar 22, 2021 59.52 64.80 58.45 64.29 64.29 18,949,600
Mar 19, 2021 56.75 60.97 55.31 59.34 59.34 15,660,500
Mar 18, 2021 58.35 59.60 56.20 56.97 56.97 8,155,100
*Close price adjusted for splits.**Adjusted close price adjusted for both dividends and splits.

[splintered sunlight]

100% 300% next months - like BABL?

You started with a 10 share position?

[splintered sunlight]

Markets are up over 400 points and QS is down.

SQUEEZE trigger?

[l2 hunter]

Still the best prospects for a huge turn around breakout. A good setup is just forming. I am speculating on massiv rising prices. The bottom seems to have been found and the chart image looks like a turn around is beginning. There is no need to speak of fundamental potential here. Where VW and Gates get involved, there is enormous potential. In a few years QS could be what Solaredge or NVIDEA is today. A multi bagger. Looking forward 100% 300% next months. Not wonder if we now exactly start this way. After $25 trigger major sign. Think not far away from it. Have load a starter with 10.000 shares. Looking forward what's coming.

[slimhere]

There was a lot of selling at the open, my guess anyone that is short better hope VW turns down going with Quantum's battery, or they better cover.

I sure wish the company released the name of the second auto maker interested in our battery.

I'm good with waiting, we'll know in the fullness of time.

[l2 hunter]

Looks like QS close before $25 breakthrough. SQUEEZE trigger THEN? on watch

[jxphilli]

Slim. Short exempt volume over here was 2000 yesterday which isn't anything. Now that does not mean anything though as this number can rise over time. Im currently seeing an estimate of around 15% SI though. Ill give you an update tomorrow if its changed

[slimhere]

For newcomers, Singh is a very conservative CEO, IMO, he does a great job explaining exactly what's going on at each earnings report since they have been a public company.




QuantumScape could pursue legal action after coming under assault in a scathing report released by activist short-seller Scorpion Capital.

“We’re absolutely going to look at that,” Jagdeep Singh, chief executive of QuantumScape, said when CNBC’s Jim Cramer asked if the company would consider filing suit against the firm.

“Some of the points in there are just, just absurd. Absurd to the point where there are... things that we would want to take legal action on.”

Singh appeared on “Mad Money” Friday, one day after Scorpion published the short report. In the 188-page report, Scorpion accused QuantumScape — which became public in November through a blank-check merger — of operating as a “pump and dump SPAC.” It even compared the company to Theranos, the disgraced health tech startup.

QuantumScape shares dropped more than 12% after the information was released. The stock fell again on Friday, contributing to a 28% decline in less than two weeks.

“We don’t want to get too distracted either, but you know, we feel pretty good about where we are,” Singh said.

The battery company said it stands by the data it presented to investors and will continue to build a battery for its customers, such as Volkswagen, which recently invested another $100 million in the company.

QuantumScape argued that Scorpion was motivated to publish the report because it stands to benefit financially from the subsequent drop in share price. Investors who seek to turn a profit on a severe decline in a stock price are known as short-sellers.

“We’ve been always pretty transparent about what we have and the work that remains to be done,” Singh said. “That’s one of the things, frankly, that we pride ourselves on. We think we’ve been the most transparent of any solid-state battery company.”

[slimhere]

QuantumScape Targeted By Short Seller

By Al Root
April 16, 2021 11:03 am ET


QuantumScape stock dropped more than 12% on Thursday after short seller Scorpion Capital published a report questioning the company’s claims about the performance of its batteries.

QuantumScape (ticker: QS) stock was up about 4% in Friday trading.

Scorpion’s 188-page report contains partial quotes from interviews with former employees of QuantumScape and battery experts. Simply put, Scorpion tells Barron’s it doesn’t believe the company’s claims about its battery technology and that it misled investors.

QuantumScape management pointed Barron’s to a thread on the company’s Twitter account posted in response to the report. In the social media post, the company denied some of Scorpion’s claims, reviewed data published about its technology, and said Scorpion, as a short seller, has a financial incentive to see the stock price drop.

“QS stands by its data, which speaks for itself. We have provided higher transparency than any other solid-state battery effort we are aware of,” QuantumScape said on Twitter Thursday evening.

In the report, Scorpion said it has sold QuantumScape shares short, meaning it borrowed stock it doesn’t own and sold it, hoping to replace the borrowed shares at a later date after the price has dropped. Short selling is a common hedge fund practice and many short sellers believe it’s important to have some skeptical voices reflected in stock prices.

One claim levied in the report hits at the heart of the company’s technology: Scorpion said QuantumScape must use a liquid electrolyte in its solid-state batteries. Unlike today’s electric-vehicle battery technology that has a liquid medium to facilitate electrical current, QuantumScape says its solid-state batteries have no liquid electrolyte.

Scorpion’s claim is based on interviewing battery experts. There are no QuantumScape batteries in the marketplace to examine. QuantumScape did not specifically address the accusation in its Twitter post.

The electric-vehicle battery pioneer’s technology is new and arcane, involving discussions of temperature, milli-amps, and multiples of atmospheric pressure. QuantumScape is developing solid-state lithium anode rechargeable batteries that promise lower cost, higher range, better safety, and faster charge times for electric vehicles. Success would be a panacea for the electric vehicle industry.

QuantumScape’s technology hasn’t worked in automotive applications yet for a host of reasons, but the company appears to be making progress and is backed by Volkswagen (VOW3.Germany).

This isn’t the first time electric-vehicle investors have had to weigh accusations made by short sellers. Nikola (NKLA), Lordstown Motors (RIDE), and Arcimoto (FUV) have all been targets of skeptical reports. In all three cases, the companies disputed the claims. Their stocks have fallen below where they were trading before the reports were published.

Short sellers aren’t the only reason electric-vehicle stocks have been trading lower. Many smaller, high-growth technology stocks have sold off sharply in recent months as interest rates rise. Roughly 200 SPACs that Barron’s tracks are down about 25% from 52-week highs, on average. Those highs came around late January.

Investors have started focusing on more traditional stocks with leverage to the overall economic recovery. The S&P 500 and Dow Jones Industrial Average are both up roughly 9% over the same span.

Write to Al Root at [e-mail]

[slimhere]

'jxphilli' Ameritrade has short interest at 160%, I have no idea where you and Master gets updated SI, but if you can check QS out, that would be great.

It seems that 24.90 has some TA resistance, we'd like to blow right on by that and get a little pay back on Mr Shorty.

Thanks

[l2 hunter]

160% QS short quote is huge if that's current. Then a huge squeeze could start at any TIME. $24.80/$24.90 could be the trigger and not far away. Tomorrow opening above $25 and massiv pop possible

[splintered sunlight]

Do you have as much faith in QS as you did in BABL?

[slimhere]

We might not need Reddit, but those guys and gals just love to bite into the shorts, there's a whole lot of naked shorting going on here!

Short Interest(% of float 08/31/21) 160.54%

Copied this from TDA

I also believe you're low short term, Scorpion knocked the price down from my original purchase price of 42-48.00, I have been buying to lower my cost basis.

[slimhere]

We'll see

Item 8.01. Other Events
QuantumScape Corporation (the “Company”) recently signed an agreement with a second top ten (by global revenues) automotive original equipment
manufacturer (“OEM”) in which the OEM committed to collaborate with the Company to evaluate prototypes of the Company’s solid-state battery cells,
and to purchase 10 MWh of capacity from the Company’s pre-pilot production line facility (“QS-0”) for inclusion in pre-series vehicles, subject to
satisfactory validation of intermediate milestones.
The OEM has already evaluated early cells, and the intermediate milestones consist of more advanced prototypes of the Company’s cells, expected to be
delivered before QS-0 starts production in 2023

Clearly, GM Volt needs a better battery, QS could have VW and GM using their batteries. We are going to blow right by L2's resistance. IMO

[l2 hunter]

QS chart looks nice. Could give a strong turn around signal this week should it break above $ 25. Reddit is not necessary. QS has enormous potential with VW and Gates on board. Solid bottom has formed at $ 20 / $ 21. It could be a story like my SEDG for the next few years. Of course, stocks with such enormous potential also have a risk of failure with the technology. But I think QS has a good chance of becoming a multi bagger. In the short term to $ 40 in the long term, also $ 200 to $ 400 possible the next couple of years. Should the $ 25 break in the next few hours / days, things will look extremely good in the short timeline. My opinion

[slimhere]

L2, we need some of those Reddit Raiders to take a good look at the amount of shorted shares and make a run on this stock, there's a lot more meat on this bone than there is on SNDL.

I'd love to see Scorpion crushed, IMO, they have zero clue about what Quantum is up to, they were talking about profits, damn, they are really a research team, with two fancy ass backers, Bill Gates and VW

[slimhere]

JX, this is one of my longs that I try hard not to look at, it's not a trader, at least, not for me.

QS is shorted to death by Scorpion Capital, they published a report questioning the company’s claims about the performance of its batteries, then Barrons wrote an article to help the HEDGE HOG.

VW is a partner of QS, as is Bill Gates. Personally, I think someone at Scorpion Capital knew that the Gates' were having marital troubles, it's kind of hard to separate assets when you own the world like Old Billy does.

VW is going to make a decision about QS's batteries before the year ends.

[splintered sunlight]

IMHO I don't see it happening.

[l2 hunter]

$24.80/$24.90 is a major technical breakout turn around sign. If QS going above this Squeeze will trigger imho room left $40 short term






Ticker Buzz Cloud (24 hours)
Time Interval: 24hr | 12hr | 6hr | 3hr | 1hr
AABB AAPT AGYP AMC ANY BEST BIG BONZ CAN CYBL CYDY DPLS EEGI ENZC GBT GNCP GSFI GTCH GVSI HPIL ICOA IDEX IFUS ILUS INKW INND JPEX LCLP MONI MTRT MWWC NSAV NWBO ONE PCTL PHIL PJET PUGE RDGL RGBP RSI RUN SGTM SSET TGGI TPTW VBHI VITX WCVC WDFC

[jxphilli]

Good call over here Slim :)

[slimhere]

VW is currently deciding if they are going to build a plant to produce QS's batteries, came out in last earnings report. Today's news is just gravy.

Plus, there's a huge short position in QS, we might even get a squeeze.

IMO, some Hedge Hog knew of Gates' martial issues, they decided to short to take advantage of Bill/Blinda's troubles, the shorts claimed that QS wasn't making any money, damn fools..........QS was way ahead of there planned research.

GL to all

[l2 hunter]

QS Wowza >>> QuantumScape Corporation recently signed an agreement with a top ten (by global revenues) automotive original equipment manufacturer






Ticker Buzz Cloud (24 hours)
Time Interval: 24hr | 12hr | 6hr | 3hr | 1hr
AABB AAPT AGYP AMC ANY BEST BIG BONZ CAN CYBL CYDY DPLS EEGI ENZC GBT GNCP GSFI GTCH GVSI HPIL ICOA IDEX IFUS ILUS INKW INND JPEX LCLP MONI MTRT MWWC NSAV NWBO ONE PCTL PHIL PJET PUGE RDGL RGBP RSI RUN SGTM SSET TGGI TPTW VBHI VITX WCVC WDFC

[WeTheMarket]

Toyota looks to charge into electric vehicle battery market with eyes on solid-state
Sep. 07, 2021 11:52 AM ET, By: Clark Schultz, SA News Editor
https://seekingalpha.com/news/3737607-toyota-looks-to-charge-into-electric-vehicle-battery-market-with-eyes-on-solid-state?utm_source=advfn.com&utm_medium=referral

- Toyota Motor Corporation (TM +0.8%) says it expects to spend more than $13.5B by 2030 to develop batteries and a battery supply system as it looks to offer all-electric versions across its model lineup next year.
- With the huge investment, the Japanese automaker aims to reduce the cost of its batteries by 30% or more by working on the materials used and also improve power consumption.
- In an initiative that sets it apart, Toyota is also leading the charge to mass produce solid-state batteries, which is called a potential game changer for automakers because they are "more energy dense, charge faster and are less prone to catching fire." The solid-state batteries could also be used for hybrid electric vehicles such as the Prius.
- One of the pure play bets on solid-state batteries is QuantumScape (QS -1.9%). The stock is called a low-risk/high-reward investment by Seeking Alpha author Sandis Weil.

[WeTheMarket]

Came across this article about StoreDot which could pose some serious competition to Quantum Scape. Let me know what you think.

World-first electric vehicle battery technology can be fully charged in 10-minutes
By JAMES BILLINGTON September 2, 2021
https://www.electrichybridvehicletechnology.com/news/charging-technology/world-first-electric-vehicle-battery-technology-can-be-fully-charged-in-10-minutes.html

StoreDot, which specializes in extreme fast charging battery technology for electric vehicles, has revealed its ‘ground-breaking’ silicon-dominant technology applied in extreme fast charging (XFC) cylindrical cells. In a world-first, the company demonstrated the prototype 4680 form factor that is fully charged in just 10 minutes.

StoreDot’s extreme fast charging cylindrical cells utilize a 4680 format, the one increasingly favored by global car makers, and have been in development for over three years. Pioneering work for these breakthrough technologies was kicked off at Warwick University in the UK with collaboration with StoreDot’s strategic partner – BP. It has been further developed harnessing experts from across the globe. The work is covered with five patents in the area of cell design and uses StoreDot’s continuous tab technology. Such cell design increases throughput and addresses safety and performance issues typically associated with the hard case structure of cylindrical cells. Testing at StoreDot facility has shown promising low levels of internal resistance. Cylindrical cell samples are now ramping up the production lines at EVE Energy, StoreDot’s manufacturing partner in China.

This breakthrough means that global automotive manufacturers will be able to use StoreDot’s XFC batteries, which deliver a 50% reduction in charging time at the same cost, in both pouch and cylindrical cell forms. Both formats are undergoing scale up process at EVE Energy and will be ready for mass production in 2024.

In addition, with such format versatility, the entire industry will be able to leverage StoreDot’s newly introduced patent pending Boost Charging Technology (BOOCT) application.

Dr Doron Myersdorf, StoreDot CEO “Achieving the goal of extreme fast charging a cylindrical cell in only 10 minutes has been on StoreDot’s technology roadmap from day one. After three years of vigorous development and testing, leveraging multiple vectors of our world class researches, I am hugely proud at the effective collaboration across our globe that enabled this important achievement. It’s highly significant that we can offer Electric Vehicle manufacturers the choice of cell formats, utilizing our XFC technology that will overcome the current barriers to EV ownership: range and charging anxiety.

“We are pleased that our silicon-dominant XFC battery cell chemistry is adaptable and can be applied to various packaging formats, to suit changing market needs. Both our cylinder and pouch cell form factors are designed to be safe, reliable and stable, and are expected to be produced at scale by 2024. We are in advanced discussions with a number of global automotive manufacturers and we plan to supply them with various XFC cells, enabling a rapid transition to a zero-emissions electrified future.”

This world-first application of silicon-dominant anode extreme fast charge cylindrical cells signifies a number of considerable challenges that had to be resolved, when compared to pouch technologies. 4680 cylindrical cell format requires unique chemistry adaptation to offset greater internal pressures, gas release and avoidance of potential leakage.

StoreDot is in discussions with leading automotive manufacturers. It now has the ability to offer the automotive industry a clear technology roadmap using silicon-dominant XFC technology and then onto future generation extreme energy-density (XED), based on solid state technologies which are on target to enter mass production in 2028.