QuantumScape (QS) Stock Jumps on Potential EV Battery Breakthrough

Shares of QuantumScape (NYSE:QS) stock are spiking higher following an announcement from Volkswagen (OTCMKTS:VWAGY) battery subsidiary PowerCo. Back in 2018, Volkswagen agreed to invest $100 million into QuantumScape in order to take advantage of the company’s solid-state battery (SSB) potential. The two companies have a long history dating back to 2012.PowerCo recently announced the results of its A-sample endurance test for QuantumScape’s 24-layer SSB. The battery performed better than expected by complet ...