QuantumScape, a recently-listed California-based company focusing on the development of solid state lithium-metal batteries, has been caught up by the EV-and-anything-related fever with its market capitalisation swelling to $23bn in a matter of weeks. As the largest individual investor, VW, has been quietly sitting on a what is now a $23bn story.
16 Dec 2020
VW / QuantumScape: a $23bn battery story
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VW / QuantumScape: a $23bn battery story
QuantumScape, a recently-listed California-based company focusing on the development of solid state lithium-metal batteries, has been caught up by the EV-and-anything-related fever with its market capitalisation swelling to $23bn in a matter of weeks. As the largest individual investor, VW, has been quietly sitting on a what is now a $23bn story.