All discussion of QuantumScape QS

[SMAlset]

Shares are up pre-market on news that QS cell testing by Volkswagen in Germany met their milestone and they have added additional funds.

QuantumScape Meets Volkswagen Technical Milestone, Clearing Way for $100M Investment

QuantumScape Corporation (NYSE: QS) (“QuantumScape”) today announced it has successfully met the technical milestone that was a condition to close for

www.businesswire.com

Another article I saw in news this morning mentioned that German auto supplier Continental and Chinese automaker SAIC Motor have also invested in the company. I don’t recall seeing them mentioned previously and was wondering if they came on board after the recent share offering that quickly closed out.

 

[TheTalkingMule]

"Look! We're taking a step that Tesla took!"

Lol....these battery firms are gonna get hoovered up just to check a box that draws a closer parallel to Tesla.

Enjoy your emerging technology in 5 years VW! You'll have been bankrupt for 2 years by then, but hey......maybe you can sell the IP to Tesla?

 

[SMAlset]

On Cramer’s Mad Money today, April 1, he had an interview segment with Jagdeep on reaching testing milestone with VW and the additional funds VW put in. I only caught the end but should be able to catch on repeat (cnbc app or youtube cnbc channel—not posted yet). This was about 30 minutes or so into the show.

 

[SMAlset]

The CNBC app, if you are a Pro member, has the Jagdeep interview posted now. About 9 minutes in length. Hopefully will be viewable to non-members at some point too.

 

[JRP3]

Short clip

 

[mblakele]

Inside the Secret Battery Lab With a $20 Billion Breakthrough

QuantumScape says its technology is ready to move from the lab to VW's dealerships. But this secretive startup is very familiar with failure.

www.bloomberg.com

Since Bloomberg won’t let us robots see a preview:

QuantumScape says its technology is ready to move from the lab to VW’s dealerships. But this secretive startup is very familiar with failure.​

By Akshat Rathi
From Bloomberg Green and Hyperdrive​

April 14, 2021​

Rather superficial article despite its length — perhaps understandable since QS isn’t about to disclose any secrets yet. Slings some mud at Tesla aa it passes.

 

[JRP3]

File this in the "for what it's worth" category: Short seller Scorpion Capital just published a 188-page research report and announced a short position in QuantumScape.

"We conducted 15 in-depth research interviews, including 9 former R&D employees, 4 leading solid-state battery experts, and 2 employees in Volkswagen’s EV battery effort. Our research leads us to conclude that the company is no different than other recently exposed SPAC promotions and EV frauds."​

Report - (Scorpion Capital)

 

[SMAlset]

News today on QuantumScape signing long-term lease in SanJose for space:

QuantumScape Battery leases big north San Jose site in expansion and boost for S.J.

QuantumScape Battery has signed a deal to rent a building on Automation Way in San Jose that is far more than double the space that it currently occupies in the Bay Area’s largest city.

www.siliconvalley.com

 

[uujjj2]

I read that Scorpion Capital short report. Holy crap, that thing looks like it was written by the Unabomber on meth. Random words highlighted, bizarre font sizes and colors, underlining and boldface everywhere. Rants going on and on and on for page after page after page. Their points may be totally correct (or not) but this thing is so badly written nobody will pay attention. Totally amateur.

 

[JRP3]

Reminds me of Toilet Boy's Tesla rants.

 

[JRP3]

Bit of a discussion on Twitter between Jordan and Tesla Facts

https://twitter.com/x/status/1382816210987798530

 

[SMAlset]

New Board member brought on.

QuantumScape Adds Panasonic Manufacturing Executive to Board

(Bloomberg) -- QuantumScape Corp. is appointing a key Panasonic Corp. executive to its board, beefing up crucial manufacturing expertise at the electric-vehicle battery company as it attempts to build its cells at scale.Celina Mikolajczak, vice president of engineering and battery technology for...

finance.yahoo.com

 

[SMAlset]

Slowly reading through the volume of slides of Scorpions “report”. Does not convey a professional report and more like something coming from a 20-something internet self-professed analyst on a youtube channel.

From Page 1 disclaimer:
“Although Scorpion Capital LLC does not expect to announce in the future any changes to its opinion concerning QS, that is subject to change at any time. Following publication of this report, Scorpion Capital LLC (and/or its principals, members, partners, affiliates, employees, consultants, clients, investors, and/or related party entities or vehicles) intends to continue transacting in QS’s stock, and may cover its short position and/or be long, short, or neutral at any time hereafter regardless of the views stated herein. “

 

[SMAlset]

Article on QuantumScape and Scorpion from InsideEVs.

Short Seller Targets QuantumScape, Battery Startup Responds

Scorpion Capital made a report saying QuantumScape is a pump-and-dump SPAC scam and received a Twitter response from the startup.

insideevs.com

BTW Cramer had Jagdeep on his Mad Money show today to respond to the Scorpion piece. If you are a CNBC Pro subscriber, the interview is posted on CNBC’s site (not a subscriber).

 

[uujjj2]

Much more detailed article on QuantumScape from Bloomberg. Bloomberg - Are you a robot?

 

[SMAlset]

QS 2021 Q1 conference call ongoing now. They report that they have made a 4-layer cell in the 70x85mm form factor.

 

[JRP3]

Sandy Munro mentioned he interviewed QS CEO, should be in an upcoming video.

 

[SMAlset]

Actually I remember Sandy talking about QuantumScape back in his December 2020 video (what the auto industry isn't telling you about Tesla). He said he thought QS would have something out in 2 years. Look forward to any updates he has on it. Sounds like he wants to test batteries for some of his project accounts.

Here's a link to the Q1 report and webcast. As for the webcast you'll need to register and link through email to listen: QuantumScape - Investor Relations

During Q&A Jagdeep goes into why QS has focused on the cell for now instead of the production end and why he thinks that's the better approach. They did recently lease a larger space for production and R&D and hope to be in there by year end. I got distracted during the call and will listen to it later. I thought I heard him answer someone's question on if there was liquid being used and believe he said from the cathode side to the separator there was but none from the separator to where the in-situ anode will be. Maybe someone can speak to that. I know people have been curious about that aspect.

 

[Doggydogworld]

Actually I remember Sandy talking about QuantumScape back in his December 2020 video (what the auto industry isn't telling you about Tesla). He said he thought QS would have something out in 2 years. Look forward to any updates he has on it. Sounds like he wants to test batteries for some of his project accounts.

Here's a link to the Q1 report and webcast. As for the webcast you'll need to register and link through email to listen: QuantumScape - Investor Relations

During Q&A Jagdeep goes into why QS has focused on the cell for now instead of the production end and why he thinks that's the better approach. They did recently lease a larger space for production and R&D and hope to be in there by year end. I got distracted during the call and will listen to it later. I thought I heard him answer someone's question on if there was liquid being used and believe he said from the cathode side to the separator there was but none from the separator to where the in-situ anode will be. Maybe someone can speak to that. I know people have been curious about that aspect.

Yes, Quantumscape uses an "organic gel catholyte" per their FAQ. Their ceramic separator prevents the catholyte from reacting with the lithium on the anode side.

 

[JRP3]