81vette
1 month ago
My observation is most stocks get sold off between 10:30 and 11am ,profit takers and ppl seeing the latest runner,fresh pumped ect .
I still haven’t sold QS ,I went out to camp with no access to internet,just able to look now and I am pleasantly surprised ,guess I will hold to see what happens with the big $10.00 resistance ,shares to short continue to drop,16% short and squeezing makes me breath easy.
Back to the lake for me, good skill to you brother!!
dirkv
2 months ago
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)
TradingCharts
2 months ago
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
solong
4 months ago
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
TradingCharts
4 months ago
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.
Oleblue
5 months ago
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.
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.
https://finance.yahoo.com/news/quantumscape-starting-deliver-lofty-2024-190728750.html
TradingCharts
7 months ago
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/
TradingCharts
7 months ago
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.
solong
7 months ago
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.