PowerCo

Solid-state battery developer QuantumScape has signed an agreement with PowerCo that gives the Volkswagen Group’s battery arm a non-exclusive license to mass produce its technology. This agreement could expedite the industrialization of QuantumScape’s next-generation solid-state lithium-metal battery technology and potentially help revolutionize electric mobility.

One year after initial deliveries of solid-state battery prototypes to its automotive partners, QuantumScape is receiving additional praise from PowerCo – the battery-centric subsidiary of Volkswagen Group – for the potential of its technology. PowerCo recently completed an endurance test with QuantumScape’s solid-state cells and determined they can someday power EVs that can drive 500,000 kilometers with virtually no loss of range.