QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

• Oversold Conditions- The company stock has gone through volatility in recent weeks and appears to be in oversold conditions, however the company roots remain strong and is poised to report better financial reports in the next financial quarter. 

• QuantumScape Corp (NYSE:QS) has began generating tiny batches of its first B-sample cells, a significant step forward in its development process.

• The QSE-5 cells have a measured energy density of 844 watt hours per liter and charge from 10% to 80% in just over 12 minutes, demonstrating superior performance characteristics.

• The Raptor method, a revolutionary separator production technology, has been successfully applied, resulting in improved film quality, performance, and energy efficiency.

• Capital expenditures in Q3 was $17.9 million, mostly for equipment purchases for low-volume QSE-5 prototype production and Cobra process preparation.

• Full-Year Adjusted EBITDA Loss Guidance: Tightened to $280 million to $300 million, at the upper end of the previous range.

Acrobull UK Recommendation Based on Evaluation