In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the three main ways QuantumScape (QS -3.54%) could bring its batteries out of the lab and start commercial operations. One is very high risk but also high reward, while the other two offer varying ways to reduce the risk, but also reduce the potential profits. Stocks discussed include Volkswagen (VWAGY -0.61%), Toyota (TM -1.29%), Tesla (TSLA -0.77%), and Panasonic (PCRFY 0.72%).*Stock prices used were from the morning of Dec. 19, ...

There was plenty of euphoric excitement over all things electric vehicle (EV) a few years ago. Every investor wanted to find the next Tesla. One way to play that was to invest in a company that would support the overall growth of EVs, rather than trying to pick the next successful EV maker.That's why shares of solid-state EV battery company QuantumScape (QS -3.54%) soared in late 2020 after the company went public. But much of that excitement was premature as the adoption of EVs and the development of new t ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended September 30, 2023 WASHINGTON, DC 20549 FORM 10-Q OR (Mark One) For the transition period from to ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-39345 QUANTUMSCAPE CORPORATION (Exact name of registrant as specified in its charter) | Delaware | 85-0796578 | | --- | --- | ...

Financial Data and Key Metrics Changes - For the full year 2023, the company maintains guidance on cash operating expenses of $225 million to $275 million and revises CapEx guidance to $75 million to $100 million, with approximately one-third of the reduction in expected CapEx due to realized savings [7][81] - The company ended Q3 with over $1.1 billion in liquidity, extending the forecasted cash runway into 2026 [109] Business Line Data and Key Metrics Changes - The QSE-5 cell format has been developed, demonstrating key aspects such as 24 layers, higher cathode loading, and improved packaging efficiency [3][40] - The company has achieved a significant milestone with the A0 prototype cell, which achieved over 1,000 cycles with over 95% capacity retention, setting a high-water mark for cycle life in automotive-format solid-state lithium-metal batteries [72][104] Market Data and Key Metrics Changes - The company is engaged with prospective customers in the consumer electronics sector and has entered into a technology evaluation agreement with a leading global player [4] - The automotive market remains the primary focus, with ongoing collaborations with a prospective launch customer for the QSE-5 cell [105][121] Company Strategy and Development Direction - The company aims to transition from prototype to product, focusing on the QSE-5 cell as its first commercial product [110] - The strategic outlook includes a commitment to scaling manufacturing processes and enhancing product reliability, with a focus on defect reduction and process automation [6][80] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term market opportunity for their technology platform, potentially worth hundreds of billions of dollars annually [9] - The company acknowledges the challenges in scaling production but remains optimistic about the transformative potential of its technology and product roadmap [73][84] Other Important Information - The company has made significant progress in the Raptor process, which is designed to deliver up to three times the throughput of previous processes [5][19] - The newly hired President, Dr. Siva Sivaram, brings extensive experience in high-volume manufacturing, which is expected to bolster the company's capabilities [64][66] Q&A Session Summary Question: What are the expectations for the newly hired President, Dr. Siva Sivaram? - Management highlighted the importance of Siva's high-volume production experience and expertise in sophisticated manufacturing processes, which are crucial for the company's development stage [10] Question: Can you provide context on the $300 million follow-on offering closed in August? - The offering was timed based on product momentum and customer traction, aimed at supporting product development and manufacturing processes [100] Question: How is the company tracking against its 2023 goals? - Management confirmed that the company is on track to meet its goals, focusing on product development and manufacturing maturity [90] Question: What challenges are being faced in combining high cathode-loading with efficient packaging? - The company is focused on addressing these challenges through ongoing process enhancements and reliability improvements [96] Question: How does the company view the competitive landscape, particularly with Toyota's recent announcements? - Management acknowledged Toyota's endorsement of solid-state batteries but emphasized the unique challenges associated with sulfide-based approaches, which the company has also explored [121]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39345 QUANTUMSCAPE CORPORATION (Exact name of registrant as specified in its charter) | Delaware | 85-0796578 | | --- | --- | | (S ...

QuantumScape Corporation (NYSE:QS) Q2 2023 Earnings Conference Call July 26, 2023 5:00 PM ET Company Participants John Saager - Investor Relations Jagdeep Singh - Co-Founder, Chief Executive Officer and Chairman Kevin Hettrich - Chief Financial Officer Conference Call Participants Winnie Dong - Deutsche Bank Chris Snyder - UBS Ben Kallo - Baird Jordan Levy - Truist Securities Operator Good day and welcome to QuantumScape's Second Quarter 2023 Earnings Conference Call. John Saager, QuantumScape's Vice Presid ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39345 QUANTUMSCAPE CORPORATION (Exact name of registrant as specified in its charter) | Delaware | 85-0796578 | | --- | --- | | ( ...

Financial Data and Key Metrics Changes - The company ended Q1 2023 with over $1 billion in liquidity, with a cash runway extending into the second half of 2025 [76][86] - GAAP operating expenses for Q1 were $110 million, with a net loss of $105 million, and cash operating expenses expected to be between $225 million and $275 million for the full year [81][86] Business Line Data and Key Metrics Changes - The company has completed testing of the 24-layer A0 prototype cells with one automotive customer, achieving performance targets on fast charge and cycling capacity retention, with less than 1% capacity loss over 100 cycles [97][98] - The focus is on a 24-layer cell with a capacity of approximately 5 amp hours, which is expected to serve both automotive and consumer electronics markets [3][98] Market Data and Key Metrics Changes - The company sees significant opportunities in both automotive and consumer electronics sectors, with a dual-purpose design aimed at high energy density and power [98] - The automotive market is expected to require hundreds of gigawatt hours of battery capacity to meet the growing demand for electric vehicles [61] Company Strategy and Development Direction - The strategic outlook for 2023 emphasizes transitioning from technology demonstration to commercial product, focusing on improving manufacturing processes and reliability [13][75] - The company plans to leverage its 24-layer design to minimize time to market while maintaining a compelling value proposition for energy density and power capability [82][90] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges of scaling up production but remains optimistic about the demand for their technology, which is expected to outperform traditional lithium-ion batteries [61][85] - The company is focused on minimizing time to market for its first commercial product, with plans for higher throughput production processes [80][92] Other Important Information - Capital expenditures in Q1 were approximately $28 million, primarily directed towards facility spending for the QS-0 preproduction line, with full-year CapEx guidance set between $100 million and $150 million [14][76] - The company is actively working on cost-saving initiatives in both operating and capital expenditures [86] Q&A Session Summary Question: What are the next steps for the 24-layer A0 prototype testing? - The company is working on completing testing with other customers before transitioning to the next phase of sample production [9] Question: Can you provide additional details on internal cost initiatives? - The company is making progress on both OpEx and CapEx, with a commitment to prudent fund management [17][18] Question: How does the focus on the 24-layer 5-amp hour cell impact existing commercial agreements? - The company believes there will be no shortage of demand for the 5-amp hour cells, which are already used in high-volume automotive applications [21] Question: What is the timeline for scaling up production? - The company expects to have lower-volume B samples by next year and higher-volume samples by the end of 2025 [62][92] Question: How does the company view competition from new battery technologies? - The company is pleased to see industry recognition of the need for higher energy densities but emphasizes the importance of proven performance data [85]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39345 QUANTUMSCAPE CORPORATION (Exact name of registrant as specified in its Charter) | Delaware | 85-0796578 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employe ...

QuantumScape Corporation (NYSE:QS) Q4 2022 Earnings Conference Call February 15, 2023 5:00 PM ET Company Participants John Saager - Head of Investor Relations Jagdeep Singh - Co-Founder, Chief Executive Officer & Chairman Kevin Hettrich - Chief Financial Officer Conference Call Participants Jordan Levy - Truist Securities Gabe Daoud - Cowen Winnie Dong - Deutsche Bank Chris Snyder - UBS Mark Delaney - Goldman Sachs Operator Good afternoon, and thank you for attending today's QuantumScape Corporation's Four ...