QUANTUMSCAPE BATTERY INC.

Company Snapshot

Founded: 2010
Entity Type: Public
Employees: 800
Region: U.S.
Headquarter: California, U.S.
Key Geographics: U.S.
Corporate Address: 1730 Technology Drive San Jose, California, 95110 U.S. Tel. +1-408-452-2000 www.quantumscape.com

Company Overview

QuantumScape Battery Inc.. is involved in R&D to develop SSB to power zero-emission transportation. The company is still pre-revenue with no commercial operations. It is known for its patented ceramic electrolyte separator installed between the anode and cathode, allowing it to use metal lithium metal for the anode. Metal offers much higher energy density (nearly ten times) than conventional materials such as silicon or graphite.

QuantumScape has developed a robust strategic partnership through a 50-50 joint venture with Volkswagen Group of America Investments, LLC, which has invested $300 million in the company over the past decade. Both companies will share the revenue and profits from the venture equally while enabling industrial-scale production on battery systems. The company has also secured sampling agreements with other automotive players to test and validate its SSB cell in pre-production vehicle prototypes.

QUANTUMSCAPE BATTERY INC. In Reports

Next-Generation Advanced Batteries: Global Markets

Accoriing to BCC Research Next-Generation Advanced Batteries market scenarios. 2023 is considered a base year, 2024 is an estimated year, and the market values are forecasted for five years until 2029.

Solid State Batteries: Global Markets

BCC Research Market Analyst says global market for solid state batteries is estimated to increase from $274.0 million in 2023 to reach $1.7 billion by 2029, at a CAGR of 36.7%.

Next-Generation Advanced Batteries: Global Markets

BCC Research Market Report says Next-generation advanced batteries market reached $87.6 million in 2022 and should reach $1.8 billion by 2027, with a (CAGR) of 83.5%

Company's Business Segments

  • Product : Solid State Lithium Batteries, QSE-5, Solid Ceramic Seperator, Others
  • Service : Research and Development, Technical Support,

Applications/End User Industries

  • Automotive
  • Transportation
  • Energy and Utilities
  • Manufacturing
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