QuantumScape Shares Gain Over 8% as Company Plans Production Line
QuantumScape said it plans a 100-megawatt-hour production line targeting AI data centers, aerospace and defense markets, and reported a narrower third-quarter loss. It also announced a manufacturing partnership with Muehlbauer Group.
QuantumScape Corp. (QS) stock gained over 8% overnight after the solid-state battery maker announced plans for a 100-megawatt-hour production line targeting AI data centers, aerospace and defense markets and posted a narrower third-quarter loss. The company partnered with Muehlbauer Group on manufa…