QuantumScape’s Solid-State Battery Breakthrough Sparks 21% Stock Surge
QuantumScape Corporation's stock soared 21% to $9.49 after unveiling its QSE-5 solid-state lithium-metal battery in a live Ducati motorcycle demo at Munich's IAA Mobility conference. The after-hours rally extended gains by another 2%, reaching $9.68 as investors bet on the technology's commercial viability.
The Ducati showcase marks the first real-world application of QuantumScape's proprietary Cobra separator process, signaling a critical transition from laboratory development to functional deployment. Market enthusiasm reflects growing confidence in solid-state batteries as a game-changer for high-performance electric vehicles.