Other Events ·
QuantumScape Battery, Inc. amended its Collaboration Agreement with PowerCo SE to update program structure and…
QSQuantumScape Corp
QuantumScape Battery, Inc. amended its Collaboration Agreement with PowerCo SE to update program structure and milestones for joint development and commercialization of QSE-5 battery technology. The amendment replaces a prior statement of work with a milestone-based payment structure, with a maximum aggregate amount of $75.4 million inclusive of amounts paid to date. QuantumScape Corporation is a developer of solid-state battery technology for electric vehicles.