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September 3, 2020 10:30 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1fCAjEwp_Vg/
Volkswagen-backed QuantumScape to go public via SPAC to bring solid-state batteries to EVs
QuantumScape, the solid-state battery company backed by Volkswagen Group, has agreed to merge with a special purpose acquisition company Kensington Capital Acquisition Corp. as it aims to raise the capital it needs to commercialize solid-state batteries for electric vehicles. The merger will give QuantumScape a post-deal market valuation of $3.3 billion. QuantumScape said it was […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1fCAjEwp_Vg/
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