Volkswagen Group licenses QuantumScape's solid-state battery tech for up to 1 million EVs per year.
Volkswagen Group and QuantumScape have signed a licensing deal, allowing VW to produce solid-state batteries for up to 1 million electric cars per year. Under the agreement, Volkswagen's battery unit PowerCo will receive the license to mass-produce QuantumScape's battery cells, pending certain technical progress and royalty payments. QuantumScape's technology promises greater range, lower weight, and quicker charging.
July 11, 2024
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