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, 2024 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 jurisdic ...

Investors are still waiting for a breakthrough. QuantumScape has no revenue as the company is a development-stage technology company that's still building its product, but investors want to see it managing its cash burn and making progress toward a viable product. QuantumScape is still asking for patience Earlier this month, the company announced a new agreement with PowerCo, Volkswagen's battery division, which increased its cash runway to 2028, 18 months further than its earlier guidance. The deal creates ...

Siva Sivaram A licensing model that creates value for both parties has to start with differentiated technology, Our QSE-5 technology and its targeted benefits to safety, energy density and power, we believe achieve that strong performance differentiation and creates an opportunity for both QuantumScape and PowerCo with an excellent financial return. In the near term, one of the benefits we discussed in the letter is that it helps extend our cash runway by 18 months relative to prior guidance. This deal allo ...

Dear shareholders, PowerCo Agreement On July 11, we announced a landmark agreement with PowerCo, the battery company of the Volkswagen Group. This deal reflects the value created by consistent execution on our development roadmap and customer validation of our technology. We forecast that this capital-light licensing arrangement lengthens our cash runway into 2028, an extension of 18 months relative to our previous guidance. The deal consists of two major elements. First, it creates a dedicated and co-locat ...

QuantumScape stock is on the rise following some positive PR regarding its battery business. However, earlier this month QuantumScape announced a major new development with its existing partner, Volkswagen. In the month of July alone, QuantumScape stock is up a whopping 66% -- erasing all of its prior losses for most of this year. With shares now up 17% year to date, some investors may be wondering if QuantumScape has the potential to keep soaring and potentially make you a millionaire. The potential to rev ...

Don't let that headline confuse you: QuantumScape (QS -2.19%) stock's wild ride this year is a story worth diving into. QuantumScape is building solid-state batteries that are lighter, safer, more energy-dense, and can recharge quicker than the traditional lithium-ion batteries that power most EVs on the roads today. So why did QuantumScape stock still fall in the first half of 2024? Fears of a slowdown in the global EV industry are largely to blame. Why QuantumScape stock is up 78% in July PowerCo has been ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The electric vehicle battery start-up hit one of its biggest milestones yet, giving its languishing stock a muchneeded fillip. This week, QuantumScape signed an agreement with Volkswagen's battery subsidiary, PowerCo, to license its battery technology for mass production upon satisfactory "technical progress and royalty payments." Keep an eye on QuantumScape stock QuantumScape's deal with Volkswagen is a huge milestone QuantumScape CEO Siva Sivaram said working with PowerCo as its first customer will help Q ...

"QuantumScape's technology is poised to enter a pivotal stage where PowerCo's specialized expertise, resources and global factories can help facilitate the transition to industrial-scale production," said PowerCo CEO Frank Blome. Ahead of earnings, shareholders will be able to submit any questions they have for management until July 23. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this ...

In this video, Motley Fool contributor Jason Hall breaks down the big news that has QuantumScape (QS 27.35%) surging on July 11, and what it means for investors. A big partner just gave it a massive vote of confidence. *Stock prices used were from the morning of July 11, 2024. The video was published on July 11, 2024. ...