QuantumScape Accomplishes Commercial Engagement Goal

17 Dec QuantumScape Accomplishes Commercial Engagement Goal

(Oilandgaspress) QuantumScape Corporation announced the achievement of its final annual goal for 2025, which targeted a significant expansion in commercial engagement with automotive customers and technology partners. The latest accomplishment in this effort is the signing of a joint development agreement (JDA) with a new automotive OEM customer, a Top-10 global automaker.

This agreement caps a successful year of commercial engagement activities. Over the past year, QS has:

Entered into an expanded collaboration and licensing deal with PowerCo, the battery maker of the Volkswagen Group
Signed JDAs with two major global automakers
Initiated a technology evaluation agreement with a new major global automaker
Established agreements to develop high-volume ceramic separator production with two leading global ceramics players, Murata Manufacturing and Corning
Hosted automakers, technology partners, and government officials at its second annual Solid-State Battery Symposium in Kyoto, Japan

Expanding commercial engagements has been a major point of emphasis for QS, and the company expects to continue growing its relationships with existing and new top-tier automotive OEM customers, technology partners and global players across the battery value chain as it builds out the QS ecosystem.

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