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QuantumScape (QS) has reignited investor excitement by securing an expanded partnership with Volkswagen’s (VWAGY) PowerCo, totaling up to $261 million in milestone payments, including an additional up to $131 million over the next two years.
This high-stakes vote of confidence from one of the world’s largest automakers directly accelerates QuantumScape’s push to industrialize its solid-state battery platform.