Why QuantumScape Stock Skyrocketed More Than 50% This Week

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 ...