
Valued at a market cap of $7.5 billion, QuantumScape (QS) develops and commercializes solid-state lithium-metal batteries for electric vehicles and other applications in the United States. Earlier this week, QuantumScape announced it will move from the New York Stock Exchange to the Nasdaq, effective Dec. 23.
The solid-state battery maker will continue to trade under the ticker symbol QS with no interruption to trading activities. The voluntary transfer positions QuantumScape alongside tech-focused companies like Tesla (TSLA) and other electric vehicle innovators that call the Nasdaq home.