Volkswagen invests $100M in QuantumScape to secure access to solid-state battery technology; new JV; production by 2025
Green Car Congress
JUNE 21, 2018
The Volkswagen Group is increasing its stake in solid-state energy company QuantumScape Corporation ( earlier post ) and forming a new joint venture with the intention of paving the way for the next level of battery power for long-range e-mobility. Closing of the transaction is subject to regulatory approval.
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