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Battery tech is the engine quietly driving the electric vehicle (EV) revolution, and the next leap is coming from lithium metal cells. With their high energy density and fast-charging potential, this market is set to expand at a 22% CAGR, growing from $20.9 billion in 2025 to $124.8 billion by 2034, riding the wave of global EV adoption and R&D momentum.
That’s where QuantumScape Corporation (QS) is trying to make its mark. The company is developing solid-state lithium-metal batteries that promise faster charging, longer life, and better safety. Just last year, it reached a major milestone by shipping its B0 prototype cells for advanced testing, marking its first near-production battery built using the “Raptor” separator process. Up next is the “Cobra” separator process, designed to scale separator manufacturing for commercial production.