Quantumscape Corp (QS.WS) News

Howdy TheFinalCD!! I can't post private.. Can I PM you on twitter? I just followed you.... Mobilesavior....
Or you can use my email at the bottom of my iHub PM... Thanks!! 😇

death hr 9:30-10:30

historically 10:30 has been a painful time for long

Thanks for the info bro! I bought 7,selling Mon before death hr over $8.5 (stop loss 8 )

WV own 17% of QS, Volkswagen's battery unit PowerCo will produce battery cells based on QuantumScape technology, pending technological progress

how great and when

crossing the road

Deal with vw news just out
Fellow yooper (I am in Houghton)

BERLIN (Reuters) - Volkswagen will massively ramp up production of solid-state batteries developed with U.S. startup QuantumScape, both companies said on Thursday, as the German carmaker aims to bring the technology into more vehicles.

Under an agreement announced on Thursday, Volkswagen's battery unit PowerCo will receive the licence to mass-produce battery cells based on QuantumScape technology, pending technological progress and certain royalty payments, they said.

The deal replaces an earlier joint venture between the two companies, Volkswagen said. Volkswagen owns 17% in QuantumScape, according to its annual report, a stake that is currently worth $459 million.

Under the agreement, Volkswagen's battery unit PowerCo can manufacture up to 40 gigawatt-hours (GWh) per year using the QuantumScape technology, with an option to expand to 80 GWh, which is enough to equip approximately 1 million vehicles annually, they said.

Solid-state batteries can hold more energy than current liquid electrolyte batteries. Automakers and analysts expect them to speed transition to EVs by addressing their often limited range, which remains a major consumer concern.

"QuantumScape's technology is poised to enter a pivotal stage where PowerCo's specialized expertise, resources and global factories can help facilitate the transition to industrial-scale production," said PowerCo CEO Frank Blome.

The companies will target a product that will be scaled-up for integration into a Volkswagen Group vehicle series.

The agreement supersedes a joint venture between the two companies to co-manufacture batteries that was founded in 2018.

(Reporting by Christina Amann; Writing by Miranda Murray; Editing by Christoph Steitz and Madeline Chambers)

Time to buy?

QS new 52 week low

Yeah, that was shared a while ago if my memory is correct.

I was hoping a video with the data along side the test like QS did. Everyone likes to see graphs and what that correlates to from the test in its stage.

44,099 views Jan 3, 2023
An independent third-party testing lab has validated Amprius’ 390 Wh/kg polymer electrolyte cell by successfully passing the nail penetration test per the requirements of section 4.7.4.4. of the MIL-PRF-32383 (Military Performance Specification).

The test is used to determine the feasibility of a specific product in combat scenarios. Cells tested in accordance with 4.7.4.4. shall not burn or explode, and the external temperature of each test sample shall not be greater than 338 degrees Fahrenheit (170 degrees Celsius) when penetrated by sharp objects.

When conducting the test, a 0.113-inch diameter stainless steel nail is driven through a fully charged cell at a prescribed speed. The cell is deemed to have passed if there is no smoke or flame following the nail penetration. The test video in real time, slow motion and infrared

Amprius’ innovative polymer electrolyte prevents the penetrating nail from creating a low resistance short circuit, as indicated by the minimal increase in the cell temperature after penetration and only a small decrease in cell voltage. After nail penetration the cell is still functioning and providing power, a critical capability for soldier wearable batteries

QS did an incredible job. Well done.

Thermal chamber test of 300C was awesome to see. Love it.

Providing raw footage of the testing along side of the data is an argument stopper.

Let’s see if AMPX follows up with something along those lines.

Thanks for posting.

Solid State Batteries are Closer Than You Think

QS Battery Safety Report

Several analysts note the level of insider trading as a reason to be cautious. I went through the SEC notices and found 54 Insider trades between Mar 2023 and March 2024, of those 27 took place in a 35 day window from mid-November to before Christmas.

just watch CEO and CFO's SELLING activities of their holding in this company since inception.

I'm reading some analyst for this one along with some other "solid state battery" stocks. And renewables as well. Everyone was excited about these when the company was saying they would be in production either late this year or early 2025.

I've noticed that most of these "new" energy companies are starting to use other language like, "we should be in production in early 2025 with full scale production in 2026".

There are 9 analyst who follow QS and 1 is recommending a "buy", 5 are recommending a "hold" and 3 are recommending a "sell". This is a change from the last time I looked, about 5 months ago.

The consensus target price for the stock this year (from the same analyst) is $6.09 - my view is that it's not unusual for everyone to get caught up in the excitement of a breakthrough product. Then once the "high" wears off the stock comes back to earth, usually because they don't have the revenue to support the current valuation. If it drop further, then I'd be happy to get them cheap, it will come back. IMO

It's just hard to believe, what the heck is happening?

QS new 52 week low

Investor Relations
https://ir.quantumscape.com/home/default.aspx

https://www.youtube.com/@QuantumScapeCo

QuantumScape Corp. First Quarter 2024 Earnings Call
April 24, 2024 2:00 PM PT
https://ir.quantumscape.com/resources/events-and-presentations/events-calendar/event-details/2024/QuantumScape-Corp-First-Quarter-2024-Earnings-Call/default.aspx

IN!

Still looking for the sneaky battery company that’s gonna pull up and past the stagnant performers.

QuantumScape Announces Timing of First Quarter 2024 Business Results and Webcast
April 10, 2024 04:15 PM Eastern Daylight Time
SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 first-quarter business results after market close on Wednesday, April 24, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.
https://www.businesswire.com/news/home/20240410265865/en/
You in or out on QS?
I do both, this week I am in.

Really sad that not much is happening, especially when the current administration is still pushing EV's.

QuantumScape Is Starting to Deliver on Its Lofty 2024 Goals
Howard Smith, The Motley Fool
Wed, Mar 27, 2024, 3:07 PM EDT
QuantumScape (NYSE: QS) wants to revolutionize the electric vehicle (EV) battery charging experience. 2024 has marked a slowdown in the pace of growth for EV sales. Many consumers are hesitant to transition to electric cars due to charging concerns.

But QuantumScape's solid-state battery technology could address range anxiety and reinvigorate interest in EVs. Today, the company's stock jumped as much as 10% after it announced another step toward commercializing its batteries.

QuantumScape predicts a transformative year
QuantumScape is working to address what has become a big source of hesitancy from potential EV buyers. Currently, lithium-ion batteries used for EVs use graphite anodes. While that works for the use case, it also has the limitation of low energy density, which limits the battery range.

The company is working to commercialize a higher energy density EV battery that would likely go a long way toward addressing range anxiety. Today, QuantumScape said it has begun to ship the initial trial version of a prototype battery cell to customers. That was one major goal the company had set for 2024. Another is to begin low volume production of its first full commercial product, the QSE-5 battery cell.

QuantumScape has been working to integrate improvements to its solid-state technology since it began the qualification process with potential automotive customers more than one year ago. The company says the newest iteration now being shipped provides "an opportunity for customers to test key performance parameters and prototype-level reliability."

For investors comfortable speculating on its ultimate success, today's news was another welcome milestone. This year could be a transformative one for the company and its goals. But investors should still allocate funds realizing there remains plenty of risk that it won't ultimately succeed or be the first to market.

Should you invest $1,000 in QuantumScape right now?

Before you buy stock in QuantumScape, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and QuantumScape wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

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https://finance.yahoo.com/news/quantumscape-starting-deliver-lofty-2024-190728750.html

BMW and Ford are for SolidPower not QS... Wrong board?

So these kinds of investors are not putting up money for a windfall, tomorrow. They are looking at the future.

Important to understand investing in startup companies:

- do they have a product for sale (called proof of concept) I know that both BWM and Ford are investors but there is no final product
- do they have market acceptance? they do not, they need a product first

So this one is promising, but anyone investing in this should be doing so with patience. 2025 might be the year for them.

GL, I bought some...but I know it will be a wait.

Hope you are correct with your assumption.

In last August
“ today announced the closing of its previously announced underwritten public offering of 37,500,000 shares of its Class A common stock for gross proceeds of $300 million,”
Some institutions paid $8.00 per share,
They should know the future of the company as they were paying $300M

This week, we reported our Q4 2023/FY’23 business results. Read the full Shareholder Letter for details - https://lnkd.in/gfyG2CKg

Highlights:

— Our planned novel Raptor and Cobra heat treatment processes target faster, more energy-efficient production with a smaller footprint
https://www.linkedin.com/feed/update/urn:li:activity:7164349523572510720/
— 2024 goals are:
• Ship Alpha-2 sample
• Ramp Raptor process
• Begin low-volume QSE-5 prototype production
• Prepare for Cobra production in 2025

— Dr. Siva Sivaram appointed QuantumScape’s new CEO

Q4 FISCAL 2023 LETTER TO SHAREHOLDERS
https://s29.q4cdn.com/884415011/files/doc_financials/2023/q4/QS-Shareholder-Letter-Q4-2023.pdf

$QS - I think this one will have a few buying opportunities this year. They still haven't changed their target to be in production by the end of the year but there is a lot of water between today the end of the year, IMO.

QS is coming down to fill this first gap on 11/28/23 buying opportunity.

Even Faster Charging in the New QS patent
12.5 minute 0-80% in figure 5

The rest of the patent is their annealing process in a noble gas like argon which removes unwanted impurities on the separator after their fast sintering process like excess lithium oxide/carbonate etc.

They continue giving the 10 minute sintering time which is FAST fast, and they seem to show that they can do the annealing process with a BUNCH of separators stacked on top of each other with gaps in between. So the throughput should be good.

https://patents.google.com/patent/WO2024015614A1/en?assignee=Quantumscape&oq=Quantumscape&sort=new

QS Stock Holdings by Hedge Funds
QS Stock Holdings by Hedge Funds as of 12/31/2024

Fund Shares Owned Average Buy Price
Vanguard Group Inc 29.83M $33.29
BlackRockBlackRock Inc 15.15M $25.94
Capricorn Investment Group LLC 14.79M $23.37
Morgan Stanley 6.41M $18.19
State StreetState Street Corp 5.48M $21.47
Geode Capital Management LlcGeode Capital Management 5.15M $27.92
BNP Paribas Asset Management Holding SA 3.52M $18.23
Coatue ManagementPhilippe Laffont 3.34M $7.51
Susquehanna International Group Llp 2.94M $15.41
Norges Bank 2.66M $6.82
DE ShawDavid Shaw 2.16M $6.88
Millennium ManagementIsrael Englander 2.10M $6.89
Citadel AdvisorsKen Griffin 965.36k $7.82
Dimensional Fund Advisors Lp 545.80k $15.03
Jane Street GroupJane Street Group 405k $8.9
Zweig DiMenna AssociatesJoseph Dimenna 277.87k $7.79
Squarepoint Ops Llc 262.11k $6.82
Two Sigma AdvisersJohn Overdeck 173.10k $6.95
Ensign Peak AdvisorsEnsign Peak Advisors Inc 135.40k $7.02
Point72 Asset ManagementSteven Cohen 57.84k $6.82
Jasper Ridge PartnersMark Wolfson 39.43k $28.44
Armistice CapitalSteven Boyd 28.49k $6.82
https://www.reddit.com/r/QS_quantumscape/comments/1avu520/qs_stock_holdings_by_hedge_funds/

need an update on their plans to take to production and volumes.

will VW announce a car/model/year iteration of current model using the QS batteries?

is there enough $$ to build production facilities, or will VW finance them?

$QS - We seem to be percolating......about ready to take off imo.

Quantumscape: SEC Filing on 13th shows Vanguard Group increased their QS holdings by about 8M?
https://www.streetinsider.com/SEC+Filings/Form++SC+13GA+++QuantumScape+Corp++++++++++++++++++++++Filed+by%3A+VANGUARD+GROUP+INC/22769824.html

QuantumScape Announces Timing of Fourth Quarter 2023 Business Results and Webcast
January 31, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 fourth-quarter business results after market close on Wednesday, February 14, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Siva Sivaram, president, will participate on the call.
https://www.businesswire.com/news/home/20240131138285/en/

I should have sold on the pop, next pop.

Do you know why the huge Jan 4th pop to the 9s has now faded back down to the $6.5 pre-news huge pop?

Seems the street just isn't a believer or maybe they don't want to wait a few years for first positive earnings?? thanks

$QS - I agree.

Blue Solutions (French manufacturer of Solid State batteries) was rumored to be in talks with VW and sources suggested a deal would happen in the next few months. BMW just signed a deal with them while still supporting/funding Solid Power ($SLDP). Some interesting quotes in the article.

https://www.reuters.com/technology/volkswagen-rivals-plug-away-solid-state-battery-puzzle-2024-01-16/

Almost every major manufacturer seems to be pursuing multiple paths. I read an analyst in the auto market say that in his discussions with auto manufacturers, there are only two words he hears repeatedly; "charge time" and "costs". He said that a couple of years ago they all wanted additional "range" but that's been dropped from their list of what is important.

Toyota recently changed their forecast for building their own Solid State, originally they had a target of 2025 and now they're talking about a big breakthrough using existing tech to be announced in 2024 with their target to introduce Solid State to 2027.

QuantumScape Will Now Sell Its Solid-State Batteries to a Fourth Carmaker
Published: 2 Mar 2022,
https://www.autoevolution.com/news/quantumscape-will-now-sell-its-solid-state-batteries-to-a-fourth-carmaker-182980.html
In a Form 8-K submitted to the U.S. SEC (Securities and Exchange Commission), the startup said that it “recently signed an agreement with a fourth automotive original equipment manufacturer (“OEM”), a top-ten automaker by global revenues.” It then provided the list that contains those automakers.

Volkswagen tops the index, followed by Toyota, Daimler, Ford, Honda, General Motors, Mitsubishi, SAIC Motors, BMW, and Nissan. Stellantis would appear right behind Toyota if it was included in the list and not only received an honorable mention. Thankfully, the Form 8-K in question brings way more information to help us point to the right company. If only that were enough…

Apart from mentioning that QuantumScape and this new automaker will “collaborate on the validation and testing of Company’s solid-state battery cells,” the form states that this mysterious OEM only decided to sign this agreement after testing QuantuScape’s cells in its own labs.

And in November they said they would build a smaller facility and the press I read said that meant the factory in Turkey was not still under consideration.

I've worked at 2 Fortune 100 companies, one here and one in Europe. When you have an "alliance" with another company, as Ford has with VW, you share info.

And with Ford wanting to use the MEB platform (EVs) from VW, would you want to use their platform and buy a battery pack from someone else? Especially one utilizing Lithium as it's foundation? Or one using Solid State, with greater range, non-volatile, lighter weight, quicker charge times, etc?

And, their plant in Michigan is for a "low-cost lithium-ion batteries by 2026" and its plant in Michigan is using technology licensed from CATL" a Chinese company. Members of Congress complained that the incentives (tax breaks) they were offering were never intended to benefit China. That, IMO, is what caused the 2 month delay in construction.

And when their "alliance" partner shared with them the success of the QS cell technology. I think it's reasonable to assume that Ford likes longer range, quicker charge times, and friendlier suppliers. I guess we'll see.

Ford canceled/paused the battery plant last summer they had planned to build. Maybe to do a redesign for the plant in Michigan?

Ford pausing construction of battery plant that had been considered in Virginia
https://richmond.com/news/local/business/ford-pausing-construction-of-battery-plant-that-had-been-considered-in-virginia/article_480a2dae-5bf4-11ee-9ec7-ffe193373d83.html

I too think VW insiders were buying.

There is another gap in the chart on 11-28-2023, I Do not think that gap will get filled.

I will be loading next week.

Have a great weekend, If you live in the northern States stay warm.

$QS - an interesting note - I asked someone, who doesn't own this and only plays big board stocks. I had asked him what he thought of this and he thought the volume on the announcement was mostly from investors who own VW.

VW has been clear that they are moving to all-electric vehicles and those investors saw QS as a way to play that move. So they took their position and stopped. He thought that's what caused the 110 mil share trade day.

We're getting closer to the gap!

I had read that Ford and VW were partnering to build vehicles with VW leveraging Ford's experience in pickup trucks for a VW branded medium size pickup and Ford utilizing VWs experience in automobiles for Europe for Ford-branded products in Europe ...a little digging and I found the following:

June 10, 2020 – "Ford Motor Company and Volkswagen AG today signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in Europe and other regions by leveraging complementary strengths in midsize pickup trucks and commercial and electric vehicles. Plans for the agreements were first announced by Ford and Volkswagen last July." that was in 2019, when they announced an "alliance".

The alliance will: Produce a medium pickup truck engineered and built by Ford, for sale by Volkswagen as the Amarok starting in 2022 within the Volkswagen Commercial Vehicles lineup

And Ford will be using the MEB (electric architecture) for all vehicles it sells in Europe. Ford announced they will only sell EVs in Europe no later than 2030.

This was from March of 2023, "Ford and Volkswagen finalized their agreement to develop vehicles together nearly three years ago. The partnership is producing new models for the two, with Ford's VW-based electric crossover for Europe debuting in a few days. Volkswagen Group CEO Oliver Blume told Automotive News Europe that its partnership with Ford is "intensifying."

In early 2023 Ford had announced that it was going to build several Lithium battery plants in the US using Chinese technology. They put that on hold in September and in November said they were going to build one small plant instead. They also scrapped a plant for Europe.

Maybe Ford will be a target for QS battery technology, not just in Europe but in the US? Maybe that's the Solid State (QS) plants the CEO just recently "hinted" at?

That's a good question and there are a variety of ways we could see this unfold, others in this thread might be able to add other options as well.

1) remember we are only talking about 1 customer (VW) so IF QS keeps the intellectual rights along with any Patent rights then they could work with other manufacturers who might integrate their product into their own proprietary architecture.

A) this all depends on the deal they have with VW - is it a partnership/royalty arrangement/per unit manufactured?

B) Does VW decide to acquire them?

C) Does their agreements with VW provide VW with a lock on the QS rights for a fixed period of time? This could be similar to what Panasonic did with Tesla, Tesla had exclusive rights to the battery-as-storage solution (PowerWall) for a fixed period. A year or two ago Panasonic began selling the same product under the trade name EverVolt ( https://na.panasonic.com/us/energy-solutions/battery-storage/evervolt-battery-storage-system/evervoltr-home-battery )

I think VW will be the main manufacturing partner of QS, I couldn't find any other manufacturers involved with QS, so I'm guessing it's exclusive. And if you look at GM, Ford, the Chinese companies, BMW, Mercedes, Stellantis (Ram, Jeep, Chrysler, Fiat, Citroen, Opel, Peugeot, Alfa Romeo, Maserati, Lancia and others) they all have deals with some other tech or some other company developing their own brand of Solid State batteries. Examples of this would include Toyota and Honda who are working on their own versions.

These are the brands owned by VW: Volkswagen, Audi, Bentley, Porsche, Lamborghini, Audi, Bugatti, Skoda, SEAT, MAN, Scania, and a few more. It's not a bad idea to hitch your wagon to a powerhouse with deep pockets. And VW has been a partner since 2012 - I'm thinking it means QS and VW are tied at the hip.

Until we see details of the relationship, we're all just guessing and I'm not sure guessing is the best way to go. It would seem to make sense, with most of the World's other manufacturers committed to another party, that VW is the one and only. At some point we will see what that relationship means to the company (in the form of payments to QS) and it's price per/share...wish I had an answer to this, but I just have guesses and assumptions at this point.

you answered my question about how the factories will be financed.
but if VW finance the factories what does that mean for theQS company/share price? Will VW get a bigger %age of PowerCo and hence affect QS market value?