Quantumscape and volkswagen sign agreement to select location for joint venture pilot-line facility

San jose, calif.--(business wire)---- $qs--quantumscape corporation, (nyse: qs, or “quantumscape”) today announced that it has entered into an agreement with volkswagen group of america, inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021. the companies currently contemplate salzgitter, germany for the location. the pilot-line facility, qs-1, will initially be a 1-gigawatt hour (gwh) battery cell commercial production plant for electric vehicle
QS Ratings Summary
QS Quant Ranking