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Subject:  QuantumScape (QS) Solid State Batteries Date:  11/27/2020  2:06 PM
Author:  captainccs Number:  116776 of 117759

Batteries might turn out to be this century's biggest news because energy is what makes life and all its emerging properties possible. Over the millennia energy technology has transformed humanity starting with fire to cook our meals to global electrification in the near future. One of the hurdles that electrification has, maybe the biggest one, is storage. This century seems to be the one when batteries cross the chasm. The race is on.

I've heard some hype about solid state batteries but I don't (yet) understand the technology. One advantage being touted is the absence of the liquid electrolyte. Tesla new 4680 battery cells don't have a liquid electrolyte yet they don't qualify as solid state. In the linked article the CEO says that VW will that using the new solid state batteries in 2025 and that gives Tesla a four year lead.

The interview with the CEO is very interesting.

EV battery developer QuantumScape begins trading on NYSE

QuantumScape (QS), a battery developer for electric vehicle use, began trading on the New York Stock Exchange today following a SPAC merger. Shares of the San Jose-based company were up 49% in early trading during.

QuantumScape is aiming to commercialize its solid-state lithium metal batteries which it claims provide a greater range, a much faster charge time and are safer and more cost effective than conventional technologies used today.

The company is backed by Microsoft (MSFT) co-founder Bill Gates and Volkswagen (VOW.DE). Former Tesla (TSLA) Chief Technology Officer JB Straubel is currently a QuantumScope board member.

Production of the batteries is several years away with Volkswagen aiming to install them in vehicles by 2025.

The most interesting quote is:

“Whoever wins the battery battle, so to speak, is going to be looking at, in our opinion, a multi hundred billion dollar company,” said Singh prior to the listing.

Denny Schlesinger
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