Palantir Rockets, Nvidia Rises As This AI Peer Orbits Buy Point

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Volkswagen, QuantumScape strike deal on solid-state batteries

BERLIN (Reuters) -Volkswagen has secured production of solid-state batteries developed with U.S. startup QuantumScape, both companies said on Thursday, as the German carmaker aims to bring the technology into more vehicles. Under an agreement announced on Thursday, Volkswagen’s battery unit PowerCo will receive the licence to mass-produce battery cells based on QuantumScape technology, pending technological progress and certain royalty payments, they said.


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